Archer-Daniels-Midland Director Kelvin R. Westbrook Receives Dividend Equivalent Stock Units
Archer-Daniels-Midland Co
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Filing Summary
š ADM Insider Filing Alert Director Kelvin R. Westbrook acquired 721.591 Stock Units on 2026-10-01 at $0.00 via dividend equivalent reinvestment. ⢠Shares Owned After: 36,377.929 units ⢠Significance: Low (Routine dividend equivalent reinvestment under director compensation plan)
Comprehensive Analysis
Executive Summary
On October 1, 2026, Kelvin R. Westbrook, a Director of Archer-Daniels-Midland Co ($ADM), acquired 721.591 stock units directly under the company's Stock Unit Plan for Nonemployee Directors. The transaction was filed with the SEC on October 5, 2026, via Form 4.
Transaction Details
- Security: Stock Units (convertible 1-for-1 into Common Stock)
- Transaction Code:
A(Grant, award, or other acquisition) - Shares Acquired: 721.591 units
- Transaction Price: $0.00 per share
- Post-Transaction Holdings: 36,377.929 stock units
- Nature of Ownership: Direct
Nature and Trading Significance
This transaction represents an automatic credit under the dividend equivalent reinvestment provision of ADM's Stock Unit Plan for Nonemployee Directors, rather than a discretionary open-market purchase or sale. Because the acquisition is part of a standard equity compensation program tied to quarterly dividend distributions, it holds Low informational significance for market participants.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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