ARCHER DANIELS MIDLAND CO

Ticker: ADM CUSIP: 039483102 Class: COM

Sherman Asset Management, Inc.'s Holding History (CIK: 0001736535)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 464 Value ($000) $27 Avg Close $59.48 Range $55.12 - $64.46

Q3 2025

Shares 464 Value ($000) $28 Avg Close $57.76 Range $51.35 - $63.84

Q2 2025

Shares 589 Value ($000) $31 Avg Close $47.57 Range $39.88 - $54.13

Q1 2025

Shares 935 Value ($000) $45 Avg Close $46.80 Range $43.23 - $50.96

Q4 2024

Shares 935 Value ($000) $47 Avg Close $51.78 Range $46.64 - $57.21

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	464	$27	$59.48	$55.12 - $64.46
Q3 2025	464	$28	$57.76	$51.35 - $63.84
Q2 2025	589	$31	$47.57	$39.88 - $54.13
Q1 2025	935	$45	$46.80	$43.23 - $50.96
Q4 2024	935	$47	$51.78	$46.64 - $57.21