Andersons, Inc.

ANDE

Form 4 • Statement of Changes in Beneficial Ownership

SEC Accession Number: 0000821026-26-000012
Filing date: Mar 4, 2026
Earliest execution date: Mar 2, 2026
Reporting Owners: Valentine Brian A (CFO)

Summary

Type

Sell

Net shares

-2,524

% of shares

-2.42%

Amount (USD)

$175,891

Insider confidence score

22.5 out of 100

Negative

  • Large discretionary sell (≥1% of shares)
  • Significant sell amount ($50K+)

Stock transactions

Transaction 1

Security

Common Stock

Action

Exercise

Date

2026-03-02

Code

M

Net shares

+2,272.0

Acquired/Disposed

Acquired

Shares Owned Before

97,580.33

Shares Owned After

99,852.33

Transaction 2

Security

Common Stock

Action

Exercise

Date

2026-03-02

Code

M

Net shares

+1,762.0

Acquired/Disposed

Acquired

Shares Owned Before

99,852.33

Shares Owned After

101,614.33

Transaction 3

Security

Common Stock

Action

Exercise

Date

2026-03-02

Code

M

Net shares

+2,842.0

Acquired/Disposed

Acquired

Shares Owned Before

101,614.33

Shares Owned After

104,456.33

Transaction 4

Security

Common Stock

Action

Grant

Date

2026-03-02

Code

A

Net shares

+169.05

Acquired/Disposed

Acquired

Shares Owned Before

104,456.33

Shares Owned After

104,625.38

Transaction 5

Security

Common Stock

Action

Tax_withhold

Date

2026-03-02

Code

F

Net shares

-2,694.0

Price per Share

$65.29

Amount (USD)

$175,891.26

Acquired/Disposed

Disposed

Shares Owned Before

104,625.38

Shares Owned After

101,931.38

Derivative Transactions

Transaction 1

Security

RESTRICTED SHARE UNIT (2029)

Action

Grant

Date

2026-03-02

Code

A

Net shares

+5,458.0

Acquired/Disposed

Acquired

Shares Owned Before

0.0

Shares Owned After

5,458.0

Transaction 2

Security

RESTRICTED SHARE UNIT (2028)

Action

Exercise

Date

2026-03-02

Code

M

Net shares

-2,272.0

Acquired/Disposed

Disposed

Shares Owned Before

6,814.0

Shares Owned After

4,542.0

Transaction 3

Security

RESTRICTED SHARE UNIT (2027)

Action

Exercise

Date

2026-03-02

Code

M

Net shares

-1,762.0

Acquired/Disposed

Disposed

Shares Owned Before

3,523.0

Shares Owned After

1,761.0

Transaction 4

Security

RESTRICTED SHARE UNIT (2026)

Action

Exercise

Date

2026-03-02

Code

M

Net shares

-2,842.0

Acquired/Disposed

Disposed

Shares Owned Before

2,842.0

Shares Owned After

0.0

Filing's footnotes

1. Dividend equivalent received.

2. Shares withheld to cover tax liability.

3. Each restricted share unit represents the right to receive, upon vesting, one share of the Issuer's common stock.

4. Restricted share units were granted on March 2, 2026 as part of the Issuer's annual equity grant. Restricted share units have a graded vesting schedule over the three-year period from date of grant.

5. Restricted share units were granted on March 3, 2025 as part of the Issuer's annual equity grant. Restricted share units have a graded vesting schedule over the three-year period from date of grant.

6. Restricted share units were granted on March 1, 2024 as part of the Issuer's annual equity grant. Restricted share units have a graded vesting schedule over the three-year period from date of grant.

7. Restricted share units were granted on March 1, 2023 as part of the Issuer's annual equity grant. Restricted share units have a graded vesting schedule over the three-year period from date of grant.

This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.