Form 4: Archer-Daniels-Midland Co. Executive Juan R. Luciano Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Juan R. Luciano, President & CEO of Archer-Daniels-Midland Co., reports changes in beneficial ownership of company stock via gifts and holdings through various trusts.
Summary
- On May 28, 2024, Juan R. Luciano, President & CEO of Archer-Daniels-Midland Co. (ADM), reported changes in his beneficial ownership of ADM common stock.
- He disposed of 182,501 shares of common stock via gift.
- He acquired 182,501 shares of common stock via gift.
- Following these transactions, Luciano directly owns 265,210 shares and indirectly owns 1,254,419 shares through a revocable trust, 238 shares through a family LLC, and 238,370 shares through an irrevocable trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding the executive's stake in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- It assures stakeholders that the CEO's interests are aligned with theirs through stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of transaction (gift of stock) |
| 05/29/2024 | Date of signature by Attorney-In-Fact |
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