Archer-Daniels-Midland Co reported that Executive Vice President & CFO Monish D. Patolawala had 6,720 shares of common stock withheld by the company on August 3, 2026 to satisfy withholding tax obligations upon vesting of a portion of restricted stock unit awards granted when he joined on August 1, 2024. After this tax-withholding disposition, he directly owns 218,253 shares of ADM common stock.
Archer-Daniels-Midland Company is offering two series of senior unsecured notes under its shelf registration, with interest payable semi-annually and maturities on specified future dates. The notes rank equally with ADM’s other senior unsecured debt, are not secured by assets, and are effectively subordinated to liabilities of subsidiaries.
Holders benefit from an optional redemption feature, including make-whole redemptions before specified par call dates and 100% redemption thereafter, and from a Change of Control Triggering Event put right at 101% of principal plus accrued interest. Net proceeds are expected to be used for general corporate purposes, which may include repaying part or all of ADM’s $1 billion 2026 notes and outstanding commercial paper. As of June 30, 2026 ADM had $7.6 billion of long-term debt and $30 million of commercial paper. The notes will be issued in minimum denominations of $2,000 and will clear through DTC, Clearstream and Euroclear.
Archer-Daniels-Midland Company filed an automatic shelf registration statement allowing it to offer, from time to time after effectiveness, various securities including debt securities, warrants, preferred stock, common stock, stock purchase contracts and stock purchase units. Specific terms, amounts and prices for each issuance will be set in accompanying prospectus supplements, which will also describe the applicable plan of distribution.
Net proceeds from future offerings, unless specified otherwise in a supplement, will be added to ADM’s general funds for general corporate purposes, potentially including working capital, investments, or debt repayment. As of July 30, 2026, 481,959,583 shares of common stock were outstanding, out of 1,000,000,000 authorized common shares; this is a baseline figure, not an amount being offered.
Archer-Daniels-Midland Company generated revenues of $22,681 million for the quarter ended June 30, 2026, versus $21,166 million a year earlier. Net earnings attributable to the company were $908 million, with diluted EPS of $1.87 compared with $0.45. Segment operating profit totaled $1,450 million, led by Ag Services and Oilseeds at $867 million, Carbohydrate Solutions at $411 million, and Nutrition at $172 million; earnings before income taxes were $1,088 million versus $279 million.
For the first six months of 2026, revenues were $43,171 million and net earnings attributable to the company were $1,206 million, or $2.49 per diluted share, compared with $41,341 million and $514 million, or $1.06 per share, in 2025. Net cash provided by operating activities was $1,299 million, with capital expenditures of $466 million. Cash, cash equivalents, restricted cash, and restricted cash equivalents were $5,457 million and total assets were $53,527 million at June 30, 2026. The effective tax rate was 16.2% for the quarter and 17.5% year-to-date, lower than in 2025, primarily reflecting non-taxable benefits from Section 45Z clean fuel production credits. The company paid dividends of $0.52 per share in the quarter and had 115 million shares remaining under its repurchase authorization through 2029.
Archer-Daniels-Midland reported strong results for the quarter ended June 30, 2026. Net earnings attributable to ADM were $908 million, and GAAP diluted EPS was $1.87, up $1.42 from the prior-year quarter. Adjusted EPS was $1.84. Total segment operating profit reached $1.5 billion, a 75% increase year-over-year, while revenues rose to $22.7 billion.
All three segments contributed to growth. Ag Services & Oilseeds operating profit was $867 million, up 129%, driven by margin expansion in Ag Services and Crushing supported by favorable biofuels economics, finalized renewable volume obligations and elevated energy prices. Carbohydrate Solutions profit increased 22% to $411 million on robust ethanol margins and policy incentives. Nutrition profit rose 51% to $172 million, led by Flavors and improved Animal Nutrition performance.
Year-to-date, earnings before income taxes were $1.47 billion versus $632 million a year ago, and adjusted EPS was $2.56. On this momentum, ADM raised its 2026 adjusted EPS outlook to $5.15–$5.60 from $4.15–$4.70 and reaffirmed projected 2026 capital expenditures of $1.3–$1.5 billion.
Archer-Daniels-Midland Company has appointed Jeff Rowe to the newly created role of Executive Vice President and Chief Operating Officer, effective August 17, 2026. In this position, he will oversee ADM’s commercial businesses, global manufacturing and R&D, reporting to Chair and Chief Executive Officer Juan Luciano.
Rowe is currently CEO of Syngenta Group and will step down from that role effective August 1, 2026, after more than 30 years in agriculture-industry leadership roles at Syngenta and DuPont Pioneer. ADM states there are no arrangements, family relationships or related-party transactions requiring disclosure. His compensation terms are set out in a written offer letter filed as Exhibit 10.1, and the company has furnished a press release announcing his appointment as Exhibit 99.1.
Archer-Daniels-Midland Co director Kelvin R. Westbrook received a grant of 746.777 stock units as board compensation. These stock units were granted under the company’s Stock Unit Plan for Nonemployee Directors and convert into common stock on a 1-for-1 basis.
The units are generally payable on the earlier of five years after the end of the calendar year in which they are awarded or when he leaves the Board, as described in the plan. Following this award, Westbrook holds a total of 35,441.818 stock units.
Archer-Daniels-Midland Co director Debra A. Sandler received a grant of 765.531 stock units under the company’s Stock Unit Plan for Nonemployee Directors. These stock units are derivatives that convert into an equal number of common shares on a 1-for-1 basis.
Following this award, Sandler holds a total of 30,356.829 stock units directly. The plan provides that stock units are generally settled at the earlier of a specified deferral period tied to the award year or when the director leaves the board, as described in the plan’s terms.
Archer-Daniels-Midland Co director Patrick J. Moore received a grant of stock units as part of his board compensation. On this award date, he acquired 746.777 stock units at a stated price of $0.00 per unit under the company’s Stock Unit Plan for Nonemployee Directors.
Each stock unit represents one share of common stock on a 1-for-1 basis, to be delivered in the future under the plan’s terms. After this grant, Moore’s reported balance in stock units linked to common stock increased to 101,758.911, reflecting a larger deferred equity position rather than an open-market purchase or sale.
Archer-Daniels-Midland Co director James C. Collins Jr. received a grant of 765.531 stock units as compensation. These stock units were awarded under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors and are convertible into an equal number of shares of common stock on a 1-for-1 basis.
After this grant, Collins holds a total of 13,075.837 stock units directly. The units generally convert on the earlier of a specified future date tied to the award calendar year or when he ceases to be a member of the Board of Directors, as provided in the plan.