secwatch.observer — SEC 8-K summary
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Issuer:     Archer-Daniels-Midland Co (ADM)
CIK:        0000007084
Form:       8-K
Filed at:   2024-03-20T23:59:59+00:00
Accession:  0001193125-24-072814
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

ADM approves $35K monthly stipend and $1M RSU grant for Interim CFO Roig
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- Interim CFO Ismael Roig receives $35,000/month cash stipend, prorated for partial months.
- One-time RSU grant of $1,000,000 under 2020 Incentive Compensation Plan, vesting in one year.
- RSUs forfeited if Roig retires before successor CFO appointed; vesting continues if after.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7084/000119312524072814/0001193125-24-072814-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7084/000119312524072814/d811385d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-072814

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