Form 4: Director Michael S. Burke Acquires Stock Units in Archer-Daniels-Midland Co

Michael S. Burke, a director of Archer-Daniels-Midland Co, acquired stock units under the company's Stock Unit Plan for Nonemployee Directors.

Summary

• On March 11, 2025, Michael S. Burke, a director of Archer-Daniels-Midland Co (ADM), acquired 181.991 stock units.
• These stock units were granted pursuant to ADM's Stock Unit Plan for Nonemployee Directors.
• The conversion or exercise price of each derivative security is 1-for-1.
• Following the transaction, Burke directly owns 17,940.314 derivative securities.
• The stock units will be settled on the earlier of five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded, or the date the participant ceases to be a member of the Board of Directors.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a director increasing their stake in the company, which is generally seen as a positive sign.

Positives

• The acquisition of stock units by a director signals confidence in the company's future performance.

Future Outlook

The stock units will vest based on the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors, either five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded, or when the participant ceases to be a member of the Board of Directors.

Industry Context

This filing is a routine disclosure of a director's acquisition of stock units, which is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Director stock ownership is a common practice among publicly traded companies.
• Companies like Bunge, Cargill, and Louis Dreyfus Company also have similar stock ownership plans for their directors to align their interests with shareholders.

Stakeholder Impact

• The acquisition of stock units by a director can positively influence shareholder confidence.

Key Dates