ADM (ADM) director receives 707 stock units as board compensation grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer-Daniels-Midland Co director David R. McAtee II received a grant of 706.994 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 common stock on a 1-for-1 basis.
Following this grant, McAtee holds a total of 5,278.718 stock units directly. The units generally convert to common stock on the earlier of a plan-based deferral period or when he leaves the Board, consistent with the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McAtee David R II
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 706.994 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 5,278.718 shares (Direct)
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.
Key Figures
Stock units granted: 706.994 units
Grant price per unit: $0.0000
Total stock units after grant: 5,278.718 units
+1 more
4 metrics
Stock units granted
706.994 units
Grant to nonemployee director on 2026-04-01
Grant price per unit
$0.0000
Compensation award, not open-market purchase
Total stock units after grant
5,278.718 units
Director’s direct holdings following transaction
Conversion ratio
1-for-1
Each stock unit converts into one common share
Key Terms
Stock Units, Stock Unit Plan for Nonemployee Directors, dividend equivalent
3 terms
Stock Units financial
"security_title: Stock Units"
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
"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.
FAQ
What did ADM director David R. McAtee II report on this Form 4 for ADM?
David R. McAtee II reported receiving 706.994 stock units of Archer-Daniels-Midland Co as a compensation award. These stock units are part of the company’s Stock Unit Plan for Nonemployee Directors and convert into common stock on a one-for-one basis under the plan’s terms.
How many ADM stock units does David R. McAtee II hold after this transaction?
After this grant, David R. McAtee II directly holds 5,278.718 stock units of Archer-Daniels-Midland Co. This total includes the newly awarded 706.994 units, which were granted under the company’s Stock Unit Plan for Nonemployee Directors as part of his board compensation.
What is the nature of the 706.994 ADM stock units granted to McAtee?
The 706.994 units are stock units granted at a price of $0.0000 per unit as a compensation award. They are derivative securities tied to Archer-Daniels-Midland common stock and convert on a one-for-one basis into common shares according to the plan’s rules.
When do the ADM stock units granted to McAtee generally become payable?
The stock units generally become payable on the earlier of a plan-based deferral date or when McAtee ceases to be a Board member. The plan allows this timing to be extended in some circumstances, consistent with Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors.
Are the ADM stock units granted to McAtee an open-market purchase or sale?
No, the 706.994 stock units are a grant classified as a “Grant, award, or other acquisition” with code A. They represent compensation awarded under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors, not an open-market buy or sell transaction in ADM shares.