Juan R. Luciano - Aug 30, 2024 Form 4 Insider Report for Archer-Daniels-Midland Co (ADM)

Signature
Thuy Vo, Attorney-In-Fact
Stock symbol
ADM
Transactions as of
Aug 30, 2024
Transactions value $
-$640,418
Form type
4
Date filed
9/4/2024, 08:05 AM
Previous filing
Aug 30, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADM Common Stock Options Exercise $2.13M +45.5K +17.15% $46.92 311K Aug 30, 2024 Direct
transaction ADM Common Stock Sale -$2.77M -45.5K -14.64% $61.00 265K Aug 30, 2024 Direct F1
holding ADM Common Stock 238 Aug 30, 2024 By Family LLC
holding ADM Common Stock 238K Aug 30, 2024 By Irrevocable Trust
holding ADM Common Stock 1.25M Aug 30, 2024 By Revocable Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADM Employee stock option (right to buy) Options Exercise $0 -45.5K -21.08% $0.00 170K Aug 30, 2024 Common Stock 45.5K $46.92 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.00 to $61.09, inclusive. The reporting person undertakes to provide to ADM, any security holder of ADM, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.
F2 Fully Exercisable.