Andersons, Inc.

ANDE

Form 4 • Statement of Changes in Beneficial Ownership

SEC Accession Number: 0000821026-26-000024
Filing date: Mar 4, 2026
Earliest execution date: Mar 2, 2026
Reporting Owners: Krueger William E. (CEO)

Summary

Type

Sell

Net shares

-8,795

% of shares

-1.68%

Amount (USD)

$603,214

Insider confidence score

20.0 out of 100

Negative

  • Large discretionary sell (≥1% of shares)
  • Large sell amount ($250K+)

Stock transactions

Transaction 1

Security

Common Stock

Action

Exercise

Date

2026-03-02

Code

M

Net shares

+9,464.0

Acquired/Disposed

Acquired

Shares Owned Before

60,208.944

Shares Owned After

69,672.944

Transaction 2

Security

Common Stock

Action

Exercise

Date

2026-03-02

Code

M

Net shares

+4,768.0

Acquired/Disposed

Acquired

Shares Owned Before

69,672.944

Shares Owned After

74,440.944

Transaction 3

Security

Common Stock

Action

Exercise

Date

2026-03-02

Code

M

Net shares

+6,154.0

Acquired/Disposed

Acquired

Shares Owned Before

74,440.944

Shares Owned After

80,594.944

Transaction 4

Security

Common Stock

Action

Grant

Date

2026-03-02

Code

A

Net shares

+443.3

Acquired/Disposed

Acquired

Shares Owned Before

80,594.944

Shares Owned After

81,038.244

Transaction 5

Security

Common Stock

Action

Tax_withhold

Date

2026-03-02

Code

F

Net shares

-9,239.0

Price per Share

$65.29

Amount (USD)

$603,214.31

Acquired/Disposed

Disposed

Shares Owned Before

81,038.244

Shares Owned After

71,799.244

Derivative Transactions

Transaction 1

Security

RESTRICTED SHARE UNIT (2029)

Action

Grant

Date

2026-03-02

Code

A

Net shares

+22,920.0

Acquired/Disposed

Acquired

Shares Owned Before

0.0

Shares Owned After

22,920.0

Transaction 2

Security

RESTRICTED SHARE UNIT (2028)

Action

Exercise

Date

2026-03-02

Code

M

Net shares

-9,464.0

Acquired/Disposed

Disposed

Shares Owned Before

28,389.0

Shares Owned After

18,925.0

Transaction 3

Security

RESTRICTED SHARE UNIT (2027)

Action

Exercise

Date

2026-03-02

Code

M

Net shares

-4,768.0

Acquired/Disposed

Disposed

Shares Owned Before

9,536.0

Shares Owned After

4,768.0

Transaction 4

Security

RESTRICTED SHARE UNIT (2026)

Action

Exercise

Date

2026-03-02

Code

M

Net shares

-6,154.0

Acquired/Disposed

Disposed

Shares Owned Before

6,154.0

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.