Archer-Daniels-Midland (ADM) director reports new stock unit grant
Rhea-AI Filing Summary
Archer-Daniels-Midland Company director reports stock unit grant
A director of Archer-Daniels-Midland Co reported receiving 885.759 stock units on 01/02/2026 under the company’s Stock Unit Plan for Nonemployee Directors. Each stock unit is convertible into one share of common stock, with a conversion or exercise price of $0.0000, meaning the units themselves do not require a cash payment to convert into shares.
After this grant, the director beneficially owns 16,687.176 derivative securities in the form of stock units, held directly. These units are generally settled on the earlier of five years after the end of the calendar year that includes the quarter in which the units were awarded or credited as dividend equivalents, or when the participant ceases to serve on the Board of Directors, subject to possible extensions under the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 885.759 | $0.00 | -- |
Footnotes (1)
- Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors. Conversion or exercise price of Derivative Security is 1-for-1. 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.
FAQ
What insider transaction did ADM report in this Form 4?
A director of Archer-Daniels-Midland Co (ADM) reported receiving 885.759 stock units on 01/02/2026 under the Stock Unit Plan for Nonemployee Directors.
How many ADM stock units does the director hold after this transaction?
Following the reported grant, the director beneficially owns 16,687.176 derivative securities in the form of stock units, held in direct ownership.
What is the conversion rate of ADM stock units reported in this filing?
The filing states that the conversion or exercise price is 1-for-1, meaning each stock unit is convertible into one share of ADM common stock at a price of $0.0000.
When do the ADM stock units granted to the director generally settle?
The stock units are generally settled on the earlier of five years after the end of the calendar year that includes the quarter in which the units are awarded or credited as dividend equivalents, or the date the participant ceases to be a member of the Board of Directors, as may be extended under the plan.
Under what plan were the ADM stock units granted to the director?
The stock units were granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors, as noted in the explanation of responses.
Is the reported ADM insider transaction a stock purchase or a grant?
The transaction is reported as a grant of stock units (transaction code A) under a company plan, not an open-market stock purchase.