[Form 4] Archer Daniels Midland Company Insider Trading Activity

Rhea-AI Filing Summary

Regina Jones, Senior Vice President of Archer-Daniels-Midland Company (ADM), reported transactions dated 09/05/2025. The filing shows 11,029 shares of ADM common stock were disposed at a price of $61.94 per share, reported under transaction code F, and are explained as shares withheld by ADM to satisfy withholding tax obligations upon vesting of Restricted Stock Units granted when Ms. Jones joined ADM on 09/05/2023. Following the reported transaction(s), Ms. Jones beneficially owned 70,324 shares. The filing also notes Ms. Jones acquired 147 shares between 03/19/2025 and 09/05/2025 under an employee stock purchase plan. The form is signed by Dana Ng, Attorney-in-Fact, dated 09/08/2025.

Positive

• Continued beneficial ownership of 70,324 ADM shares after the transaction
• Participation in employee stock purchase plan with acquisition of 147 shares between 03/19/2025 and 09/05/2025

Negative

• Disposition of 11,029 shares reported on 09/05/2025 (sold at $61.94 per share), though described as tax withholding
• No derivatives reported on this Form 4 (Table II empty), limiting visibility into other equity-linked exposures

Insights

Corporate Governance Expert

TL;DR: Routine tax-withholding disposition of vested RSUs by an officer; ownership remains material but not a governance red flag.

The reported disposal of 11,029 shares is explicitly described as shares withheld to satisfy withholding taxes on RSU vesting, which is a common administrative action following equity vesting. Ms. Jones retains beneficial ownership of 70,324 shares after the transaction, indicating ongoing alignment with shareholder interests. The ESPP purchase of 147 shares is routine employee participation. There is no indication of unusual timing, hedging, or sales outside of compensatory withholding in the filing.

Securities Analyst

TL;DR: Transaction appears administrative; reported sale price and post-transaction holdings are clearly disclosed.

The Form 4 reports a sale at $61.94 per share on 09/05/2025 under code F, with the filing stating the sale was to satisfy tax withholding on vested RSUs granted on 09/05/2023. The analyst view based solely on this filing is that these are compensatory transactions rather than open-market intent to alter ownership materially. The additional 147-share ESPP acquisition between 03/19/2025 and 09/05/2025 is disclosed and supported by a plan statement dated 09/05/2025. No derivative or option transactions are reported on this form.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jones Regina

(Last) (First) (Middle)

77 WEST WACKER DRIVE

SUITE 4600

(Street)

CHICAGO IL 60601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Archer-Daniels-Midland Co [ ADM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/05/2025		F		11,029(1)	D	$61.94	70,324(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares withheld by ADM to satisfy withholding tax obligations upon vesting of a portion of the Restricted Stock Unit awards granted to Ms. Jones upon joining ADM on 9.5.2023

2. Between 3.19.2025 and 9.5.2025, the reporting person acquired 147 shares of ADM Common Stock pursuant to an employee stock purchase plan. The information in this report is based on a plan statement dated 9.5.2025.

	Dana Ng, Attorney-in-Fact	09/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Regina Jones report on the Form 4 for ADM?

The filing reports a disposition of 11,029 ADM shares on 09/05/2025 at $61.94 per share and shows 70,324 shares beneficially owned after the transaction.

Why were 11,029 ADM shares disposed of according to the filing?

The filing explains those shares were withheld by ADM to satisfy withholding tax obligations upon vesting of Restricted Stock Units granted when Ms. Jones joined ADM on 09/05/2023.

Did Regina Jones acquire any ADM shares reported on this Form 4?

Yes. The filing notes acquisition of 147 shares between 03/19/2025 and 09/05/2025 under an employee stock purchase plan, based on a plan statement dated 09/05/2025.

Who signed the Form 4 and when was it filed?

The Form 4 is signed by Dana Ng, Attorney-in-Fact and dated 09/08/2025.

Are there any derivative or option transactions reported for Regina Jones on this Form 4?

No. Table II for derivative securities contains no reported transactions in this filing.