Form 4: Archer-Daniels-Midland Co: Executive Gregory A. Morris Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Senior Vice President Gregory A. Morris reports acquisition and disposal of Archer-Daniels-Midland Co (ADM) common stock and adjustments to holdings in employee benefit plans.
Summary
- Gregory A. Morris, a Senior Vice President at Archer-Daniels-Midland Co (ADM), filed a Form 4 detailing changes in beneficial ownership.
- On February 7, 2025, Morris acquired 14,014 shares of ADM common stock at $0.00, related to performance share units.
- On February 10, 2025, Morris disposed of 2,451, 4,900 and 6,209 shares of common stock at a price of $45.76.
- Between March 21, 2024, and February 10, 2025, Morris acquired 17.836 shares of ADM Common Stock pursuant to an employee benefit plan.
- Following these transactions, Morris directly owns 301,811 shares of ADM common stock and indirectly owns 697.835 shares through an employee benefit plan.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an executive, with no inherently positive or negative implications for the company's overall performance.
Positives
- The acquisition of 14,014 shares indicates that performance targets were met, as certified by the Issuer's compensation committee.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Start date for the reporting person's acquisition of ADM Common Stock pursuant to an employee benefit plan. |
| 02/07/2025 | Date of acquisition of 14,014 shares of ADM common stock related to performance share units. |
| 02/10/2025 | Date of disposal of 13,560 shares of ADM common stock at $45.76 per share and end date for the reporting person's acquisition of ADM Common Stock pursuant to an employee benefit plan. |
| 02/11/2025 | Date of signature for the Form 4 filing. |
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