Form 4: Patrick J. Moore Reports Acquisition of Archer-Daniels-Midland Co Stock Units

Director Patrick J. Moore acquired 872.67 stock units of Archer-Daniels-Midland Co on April 1, 2024, according to a Form 4 filing.

Summary

• Patrick J. Moore, a director of Archer-Daniels-Midland Co (ADM), reported the acquisition of 872.67 stock units on April 1, 2024.
• These stock units were granted pursuant to ADM's Stock Unit Plan for Nonemployee Directors.
• The conversion or exercise price of the derivative security is 1-for-1.
• Following the transaction, Moore directly owns 85,790.8 stock units.
• 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: 5

Explanation: The document is a neutral regulatory filing regarding a stock unit transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of a director's stock unit acquisition, which is a common form of compensation for non-employee directors.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence as it indicates a director's continued investment in the company.

Key Dates