STOCK TITAN

ADM (ADM) director receives 707 stock units as board compensation grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
McAtee David R II

(Last)(First)(Middle)
77 WEST WACKER DRIVE
SUITE 4600

(Street)
CHICAGO ILLINOIS 60601

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Archer-Daniels-Midland Co [ ADM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Units(1)$0.0000(2)04/01/2026A706.994 (3) (3)Common Stock706.994$0.00005,278.718D
Explanation of Responses:
1. Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.
2. Conversion or exercise price of Derivative Security is 1-for-1.
3. 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.
Dana Ng, Attorney-in-Fact04/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.