Form 4: Archer-Daniels-Midland Co: Officer Weber Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Senior Vice President Jennifer L. Weber reports disposition of Archer-Daniels-Midland Co stock to cover tax obligations.
Summary
- On March 20, 2024, Jennifer L. Weber, 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 awards.
- Weber disposed of 1,496 shares at $52.7, 8,645 shares at $53.05, and 8,646 shares at $59.31.
- Following these transactions, Weber directly owns 109,908 shares of ADM common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax purposes, and doesn't indicate a particularly positive or negative sentiment.
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 ownership.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of stock transactions |
| 03/21/2024 | Date of Form 4 signature |
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