Archer-Daniels-Midland Co·4

Mar 12, 5:09 PM ET

Burke Michael S 4

4 · Archer-Daniels-Midland Co · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

ADM Director Michael S. Burke Receives 137.511 Stock Units

What Happened

  • Michael S. Burke, a director of Archer-Daniels-Midland Company (ADM), was credited with 137.511 stock units on 2026-03-10. The filing shows an acquisition/award (code A) at a $0.00 acquisition price; these are derivative stock units rather than an open‑market purchase or cash sale.

Key Details

  • Transaction date: 2026-03-10; Form 4 filed 2026-03-12 (appears timely).
  • Amount: 137.511 stock units; reported acquisition price: $0.00 (award/derivative).
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes:
    • F1: Units credited under the dividend-equivalent reinvestment provision of ADM’s Stock Unit Plan for Nonemployee Directors.
    • F2: Derivative converts 1-for-1 into common shares.
    • F3: Vesting/convertibility is subject to plan timing — generally the earlier of five years after the applicable award period, the credit date, or the director’s departure from the board (with certain plan extensions possible).

Context

  • This was a compensation award (routine director stock unit credit) rather than a market purchase or sale, so it should be read as a non‑transactional grant tied to ADM’s director compensation plan. The units are derivative stock units convertible to common shares per the plan terms and not an immediate cash or market trade.

Insider Transaction Report

Form 4
Period: 2026-03-10
Transactions
  • Award

    Stock Units

    [F1][F2][F3]
    2026-03-10+137.51118,244.083 total
    Exercise: $0.00Common Stock (137.511 underlying)
Footnotes (3)
  • [F1]Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company 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.
Signature
Dana Ng, Attorney-in-Fact|2026-03-12

Documents

1 file
  • 4
    doc4.xmlPrimary