ADM director granted 706.994 stock units
Archer-Daniels-Midland Co director Lei Zhang Schlitz received 706.994 stock units as a grant.
Rhea-AI Filing Summary
Archer-Daniels-Midland Co director Lei Zhang Schlitz received 706.994 stock units as a grant. These stock units were awarded under the company’s Stock Unit Plan for Nonemployee Directors and are convertible into an equal number of common shares on a 1-for-1 basis.
Following this award, Lei Zhang Schlitz directly holds 17,265.968 stock units, which track the value of Archer-Daniels-Midland common stock. The stock units generally convert upon the earlier of specific time-based conditions or when the director leaves the Board, as described in the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 706.994 shares
Grant/Award
1 txn
Insider
Schlitz Lei Zhang
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 706.994 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Units — 17,265.968 contracts (Direct)
Footnotes (3)
- F1. Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.
- F2. Conversion or exercise price of Derivative Security is 1-for-1.
- F3. The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.
Key Figures
Stock units granted: 706.994 units
Holdings after transaction: 17,265.968 units
Conversion ratio: 1-for-1
+1 more
4 metrics
Stock units granted
706.994 units
Grant of stock units to nonemployee director on 2026-04-01
Holdings after transaction
17,265.968 units
Total stock units directly held by Lei Zhang Schlitz after grant
Conversion ratio
1-for-1
Each stock unit convertible into one share of common stock
Grant price per unit
$0.0000
Compensation grant with no cash paid per stock unit
Key Terms
Stock Units, Stock Unit Plan for Nonemployee Directors, dividend equivalent, Board of Directors
4 terms
Stock Units financial
"Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
Stock Unit Plan for Nonemployee Directors financial
"Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors."
dividend equivalent financial
"calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent"
A dividend equivalent is a payment someone receives that matches the cash dividends paid on a stock, even though they don’t actually hold the shares. It often shows up in stock-based pay or certain derivatives, and matters to investors because it preserves the income value and alters the after-tax return and timing of payouts — think of it like getting a paycheck for the dividends you would have earned if you owned the stock directly.
Board of Directors financial
"or the date the participant ceases to be a member of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ADM director Lei Zhang Schlitz report in this Form 4?
Lei Zhang Schlitz reported receiving 706.994 stock units of Archer-Daniels-Midland as a grant. The award is part of the Stock Unit Plan for Nonemployee Directors and increases her total direct holdings to 17,265.968 stock units tied to ADM common stock.
Is the ADM Form 4 transaction a stock purchase or a compensation grant?
The Form 4 transaction is a compensation-related grant, not an open-market stock purchase. Lei Zhang Schlitz received 706.994 stock units at a price of 0.0000 per unit under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors as part of her director compensation.
How many ADM stock units does Lei Zhang Schlitz hold after this grant?
After the grant, Lei Zhang Schlitz holds 17,265.968 stock units directly. These stock units track Archer-Daniels-Midland common stock and are convertible 1-for-1 into common shares under the plan terms, typically upon specified time conditions or when Board service ends.
What are ADM stock units granted to nonemployee directors?
ADM stock units are deferred share-based awards granted to nonemployee directors under the company’s Stock Unit Plan. Each unit represents the right to receive one share of common stock in the future, often after a set time period or when the director leaves the Board of Directors.
When do Lei Zhang Schlitz’s ADM stock units generally convert into common stock?
The stock units generally convert into ADM common stock on the earlier of two events: a future date tied to the calendar year and quarter in which the units were awarded or credited, or the date the director ceases serving on the Board, subject to the plan’s specific terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
