Form 4: Director Suzan F. Harrison Reports Acquisition of Archer-Daniels-Midland Co Stock Units
SEC Form 4 Filing
Director Suzan F. Harrison reports the acquisition of 183.153 stock units of Archer-Daniels-Midland Co (ADM) on March 11, 2025, under the company's Stock Unit Plan for Nonemployee Directors.
Summary
- On March 11, 2025, Suzan F. Harrison, a director of Archer-Daniels-Midland Co (ADM), acquired 183.153 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 reported transaction, Harrison directly owns 18,055.048 shares of ADM common stock.
- The stock units become exercisable 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: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of stock units by a director is generally viewed positively, but this is a routine filing.
Positives
- The acquisition of stock units by a director signals confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of a director's acquisition of stock units, which is a common practice in corporate governance to align the interests of directors with those of shareholders.
Stakeholder Impact
- The acquisition of stock units by a director can positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction: Suzan F. Harrison acquired 183.153 stock units. |
| 03/13/2025 | Date of filing: Form 4 filing date. |
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