Form 4: Director Lei Zhang Schlitz Reports Stock Transactions in Archer-Daniels-Midland Co (ADM)
SEC Form 4 Filing
Director Lei Zhang Schlitz reports acquisition and disposal of Archer-Daniels-Midland Co stock units and common stock on January 1 and 2, 2025.
Summary
- Lei Zhang Schlitz, a director of Archer-Daniels-Midland Co (ADM), filed a Form 4 detailing changes in beneficial ownership.
- On January 1, 2025, Schlitz acquired 1,020.002 stock units.
- On January 2, 2025, Schlitz exercised 3,554.658 stock units for common stock.
- Also on January 2, 2025, Schlitz disposed of 3,554.658 shares of common stock at a price of $50.71 per share.
- Following these transactions, Schlitz directly owns 16,778.187 stock units.
Sentiment
Score: 5
Explanation: This is a routine filing of stock transactions by a company director, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the transactions of a director in ADM stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of stock units acquisition |
| 01/02/2025 | Date of stock units exercise and common stock disposal |
| 01/03/2025 | Date of Form 4 filing |
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