Insider Cluster (5 insiders) ·Filed Mar 13, 2026
Insider cluster: 2 insiders, $5.0M total
Actionable Insight • Neutral
No trading signal — this is a routine administrative activity. Monitor for any open-market sales or purchases, which would carry more directional significance.
Final — all horizons settled through T+60d
ADM ▲ +11.45% at T+60d
NEUTRAL call ✓ call won +11.45% · α vs SPY -0.17% · entry $71.98 → $80.22
T+1d
-1.71%
call -1.71% · α -2.73%
$70.75
settled 7mo ago
T+5d
-8.07%
call -8.07% · α -5.95%
$66.17
settled 7mo ago
T+20d
-3.00%
call -3.00% · α -6.59%
$69.82
settled 6mo ago
T+60d
+11.45%
call +11.45% · α -0.17%
$80.22
settled 4mo ago
Price Chart
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Executive Summary
Five senior vice presidents at Archer-Daniels-Midland (ADM) surrendered shares to cover tax obligations following a vesting event, totaling $977,514 in non-cash transactions. These are routine tax withholdings, not open-market sales, and do not reflect negative sentiment.
Key Financial Metrics
Direction
selling
Total Value
$977.5K
Insiders
5
Key Facts
- All five transactions were tax withholdings (Form 4 code 'F'), where shares were surrendered to cover tax liabilities upon vesting of equity awards.
- Total value of shares surrendered: $977,514.
- All trades occurred on the same day (2026-03-18) at $72.12 per share, indicating a coordinated administrative event.
- No open-market sales (code 'S') or purchases (code 'P') were reported in this cluster.
Financial Impact
$977,514 in non-cash share surrenders
shares outstandinginsider ownership
Risk Factors
- None material — these are non-discretionary transactions related to tax settlement.
- Misinterpretation risk: These should not be confused with insider selling due to negative outlook.
Market Snapshot
Exchange
NYSE
Investment Themes
Consumer & Retail
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (5 trades, 7d window) | cluster-ADM-1774038835086 |
7 reports for ADM
67% Hit rate best @ T+20▲ +5.86%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 12, 2026 7w ago | 8-K | $79.73 $86.91 | ▲ +9.01% | ▲ +10.90% | $80.37 (+0.80%) |
Aug 9, 2026 7w ago | Institutional Cluster | $80.49 $84.56 | ▲ +5.05% | ▲ +5.96% | $80.37 (−0.15%) |
Aug 4, 2026 8w ago | 8-K | $79.87 $84.55 | ▲ +5.86% | ▲ +7.10% | $80.37 (+0.63%) |
Mar 26, 2026 27w ago | DEFA14A | $72.23 $70.54 | ▼ −2.34% | ▼ −15.08% | $80.37 (+11.27%) |
Mar 13, 2026 29w ago | Insider Cluster | $71.98 $69.82 | ▼ −3.00% | ▼ −6.59% | $80.37 (+11.66%) |
Mar 13, 2026 29w ago | Insider Cluster | $71.98 $69.82 | ▼ −3.00% | ▼ −6.59% | $80.37 (+11.66%) |
Mar 10, 2026 29w ago | Insider Cluster | $69.39 $71.72 | ▼ −3.36% | ▼ −3.51% | $80.37 (−15.82%) |
Showing 7 of 7
US Market Status
Market Open — Closes in 20m
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