Form 4: Archer-Daniels-Midland Co: Officer Ian R Pinner Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Senior Vice President Ian R Pinner reports disposition of Archer-Daniels-Midland Co stock to cover tax obligations.
Summary
- On March 20, 2024, Ian R Pinner, a Senior Vice President at Archer-Daniels-Midland Co (ADM), reported changes in beneficial ownership of ADM common stock.
- The transactions involved the disposition of shares to satisfy tax obligations related to vesting of stock.
- A total of 1,645 shares were disposed of at $52.70, 6,051 shares at $53.05, and 6,053 shares at $59.31.
- Following these transactions, Pinner directly owns 78,404 shares of ADM common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine transactions related to tax obligations and does not indicate a significant change in the officer's overall holdings or confidence in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to tax obligations and do not represent a significant change in the officer's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of transactions involving the disposition of ADM common stock. |
| 03/21/2024 | Date of signature by Attorney-In-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.