Archer-Daniels-Midland Director Terrell K. Crews Receives Dividend Equivalent Stock Units
Archer-Daniels-Midland Co
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Filing Summary
# SEC Form 4: Archer-Daniels-Midland Co (ADM)
**Insider:** CREWS TERRELL K (Director)
**Filing Date:** 2026-10-05 | **Transaction Date:** 2026-10-01
**Transaction Type:** Stock Units Acquisition (Dividend Equivalent Reinvestment)
- **Shares Acquired:** 878.459
- **Price per Share:** $0.00
- **Post-Transaction Holdings:** 69,401.995 Stock Units
- **Significance:** Low (Routine non-employee director dividend reinvestment)
Comprehensive Analysis
Executive Summary
On October 5, 2026, Archer-Daniels-Midland Co ($ADM) filed a Form 4 reporting that Director Terrell K. Crews acquired 878.459 stock units on October 1, 2026. The transaction was executed at $0.00 per unit pursuant to the dividend equivalent reinvestment provisions of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.
Transaction Analysis
- Nature of Acquisition: The transaction reflects an automatic crediting of dividend equivalents into stock units rather than an open-market purchase or discretionary option exercise.
- Holdings Impact: Following this acquisition, Director Crews directly holds 69,401.995 stock units.
- Conversion Terms: The stock units convert into common stock on a 1-for-1 basis at the earlier of five years after the crediting period or upon departure from the Board of Directors.
Market and Trading Significance
This filing carries Low trading significance. It represents routine director equity plan mechanics (dividend equivalent reinvestment) and provides no new directional signal regarding insider sentiment or operational outlook.
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Important Disclaimer
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