What the executives and directors of Archer Daniels Midland actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| LUCIANO JUAN R President & CEO | CEO | 1.9M | — | — |
| Cuddy Christopher M Senior Vice President | Officer | 328.1K | — | $2.6M |
| Morris Gregory A Senior Vice President | Officer | 296.9K | — | $3.4M |
| Patolawala Monish D Executive Vice President & CFO | CFO | 218.3K | — | — |
| Luthar Vikram Chief Financial Officer | CFO | 135.4K | — | — |
| Weber Jennifer L Senior Vice President | Officer | 121.6K | — | $1.7M |
| Jones Regina Senior Vice President | Officer | 88.7K | — | — |
| Pinner Ian R Senior Vice President | Officer | 87.8K | — | $2.4M |
| Roig Ismael Vice President | Officer | 78K | — | — |
| Nichol Carrie Ann Vice President & CAO | Officer | 34.5K | — | — |
| Strader Fruit Molly L Vice Pres., Corp. Controller | Officer | 15K | — | — |
| WESTBROOK KELVIN R | Director | 7,566 | — | — |
| McAtee David R II | Director | 7,500 | $487K | — |
| Burke Michael S | Director | 4,821 | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-03-13 | Cuddy Christopher M (Officer) | Discretionary sale | 35K | $73.50 | $2.6M |
| 2026-03-13 | Pinner Ian R (Officer) | Discretionary sale | 34.1K | $71.53 | $2.4M |
| 2026-03-10 | Morris Gregory A (Officer) | Discretionary sale | 50K | $68.48 | $3.4M |
| 2026-02-17 | Weber Jennifer L (Officer) | Discretionary sale | 25K | $67.04 | $1.7M |
| 2026-02-05 | McAtee David R II (Director) | Open-market buy | 7,500 | $64.90 | $487K |
| 2024-09-03 | LUCIANO JUAN R (CEO) | Planned sale (10b5-1) | 170.2K | $60.51 | $10.3M |
| 2024-08-30 | LUCIANO JUAN R (CEO) | Planned sale (10b5-1) | 45.5K | $61.00 | $2.8M |
| 2024-08-29 | LUCIANO JUAN R (CEO) | Planned sale (10b5-1) | 99.8K | $61.05 | $6.1M |
| 2024-08-28 | LUCIANO JUAN R (CEO) | Planned sale (10b5-1) | 3,683 | $61.00 | $225K |
| 2024-08-26 | LUCIANO JUAN R (CEO) | Planned sale (10b5-1) | 5,721 | $61.01 | $349K |
| 2024-05-22 | Strader Fruit Molly L (Officer) | Discretionary sale | 6,904 | $60.73 | $419K |
| 2023-07-26 | Strader Fruit Molly L (Officer) | Discretionary sale | 1,455 | $86.80 | $126K |
| 2022-12-13 | FINDLAY D CAMERON (Officer) | Discretionary sale | 6,036 | $94.15 | $568K |
| 2022-12-13 | FINDLAY D CAMERON (Officer) | Discretionary sale | 20.2K | $93.33 | $1.9M |
| 2022-12-12 | FINDLAY D CAMERON (Officer) | Discretionary sale | 5,230 | $93.31 | $488K |
| 2022-12-12 | FINDLAY D CAMERON (Officer) | Discretionary sale | 8,791 | $91.95 | $808K |
| 2022-12-12 | FINDLAY D CAMERON (Officer) | Discretionary sale | 12.2K | $92.85 | $1.1M |
| 2022-11-29 | FINDLAY D CAMERON (Officer) | Discretionary sale | 5,862 | $97.20 | $570K |
| 2022-11-29 | FINDLAY D CAMERON (Officer) | Discretionary sale | 20.3K | $96.46 | $2M |
| 2022-11-28 | FINDLAY D CAMERON (Officer) | Discretionary sale | 8,674 | $97.09 | $842K |
| 2022-11-28 | FINDLAY D CAMERON (Officer) | Discretionary sale | 17.5K | $96.40 | $1.7M |
| 2022-10-26 | LUCIANO JUAN R (CEO) | Discretionary sale | 109.6K | $93.68 | $10.3M |
| 2022-10-26 | LUCIANO JUAN R (CEO) | Discretionary sale | 190.4K | $93.21 | $17.7M |
| 2022-09-13 | Sanchez Francisco J (Director) | Discretionary sale | 100 | $88.14 | $9K |
| 2022-09-09 | LUCIANO JUAN R (CEO) | Discretionary sale | 14.1K | $91.78 | $1.3M |
| 2022-09-09 | LUCIANO JUAN R (CEO) | Discretionary sale | 35.9K | $90.97 | $3.3M |
| 2022-09-09 | LUCIANO JUAN R (CEO) | Discretionary sale | 67.2K | $91.78 | $6.2M |
| 2022-09-09 | LUCIANO JUAN R (CEO) | Discretionary sale | 167.3K | $90.97 | $15.2M |
| 2022-08-10 | Morris Gregory A (Officer) | Discretionary sale | 28K | $83.42 | $2.3M |
| 2022-08-10 | Morris Gregory A (Officer) | Discretionary sale | 89.8K | $83.48 | $7.5M |
| 2022-06-07 | Luthar Vikram (CFO) | Discretionary sale | 7,500 | $89.59 | $672K |
| 2022-05-10 | Luthar Vikram (CFO) | Open-market buy | 5 | $84.97 | $425 |
| 2022-03-18 | Morris Gregory A (Officer) | Discretionary sale | 8,366 | $83.03 | $695K |
| 2022-03-18 | Morris Gregory A (Officer) | Discretionary sale | 11.6K | $83.61 | $973K |
| 2022-02-25 | Cuddy Christopher M (Officer) | Discretionary sale | 37.2K | $78.00 | $2.9M |
| 2022-02-25 | Cuddy Christopher M (Officer) | Discretionary sale | 37.2K | $79.00 | $2.9M |
| 2022-02-15 | Macciocchi Vincent F (Officer) | Discretionary sale | 93.1K | $76.70 | $7.1M |
| 2022-02-09 | Cuddy Christopher M (Officer) | Discretionary sale | 2,857 | $77.39 | $221K |
| 2022-02-09 | Cuddy Christopher M (Officer) | Discretionary sale | 37.2K | $77.50 | $2.9M |
| 2022-02-08 | Young Ray G (CFO) | Discretionary sale | 31.5K | $76.72 | $2.4M |
| 2022-02-08 | Young Ray G (CFO) | Discretionary sale | 123.8K | $76.74 | $9.5M |
| 2022-01-31 | LUCIANO JUAN R (CEO) | Discretionary sale | 24.4K | $74.32 | $1.8M |
| 2022-01-31 | LUCIANO JUAN R (CEO) | Discretionary sale | 27.3K | $74.79 | $2M |
| 2022-01-31 | LUCIANO JUAN R (CEO) | Discretionary sale | 97.1K | $74.31 | $7.2M |
| 2022-01-31 | LUCIANO JUAN R (CEO) | Discretionary sale | 119.4K | $74.78 | $8.9M |
| 2021-11-18 | Taets Joseph D. (Officer) | Discretionary sale | 40K | $66.41 | $2.7M |
| 2021-11-01 | FINDLAY D CAMERON (Officer) | Discretionary sale | 99.5K | $63.73 | $6.3M |
| 2021-07-29 | LUCIANO JUAN R (CEO) | Open-market buy | 16.8K | $59.54 | $1000K |
| 2021-03-12 | Weber Jennifer L (Officer) | Open-market buy | 5,095 | $58.40 | $298K |
| 2021-02-12 | Taets Joseph D. (Officer) | Discretionary sale | 5,311 | $55.40 | $294K |
| 2021-02-12 | Taets Joseph D. (Officer) | Discretionary sale | 38.4K | $55.40 | $2.1M |
| 2020-11-16 | Taets Joseph D. (Officer) | Discretionary sale | 30K | $50.15 | $1.5M |
| 2020-11-09 | Stott John P (Officer) | Discretionary sale | 15K | $50.09 | $751K |
| 2020-10-22 | Taets Joseph D. (Officer) | Discretionary sale | 1,661 | $51.48 | $86K |
| 2020-10-21 | Taets Joseph D. (Officer) | Discretionary sale | 5,146 | $51.24 | $264K |
| 2020-10-20 | Taets Joseph D. (Officer) | Discretionary sale | 8,135 | $51.11 | $416K |
| 2020-10-19 | LUCIANO JUAN R (CEO) | Discretionary sale | 8,655 | $51.33 | $444K |
| 2020-10-19 | LUCIANO JUAN R (CEO) | Discretionary sale | 104.2K | $50.59 | $5.3M |
| 2020-10-19 | Taets Joseph D. (Officer) | Discretionary sale | 5,260 | $51.22 | $269K |
| 2020-10-16 | Young Ray G (CFO) | Discretionary sale | 31.4K | $50.00 | $1.6M |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.