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Andersons, Inc. Director's Dealing 2023

Aug 28, 2023

32002_dirs_2023-08-28_ca2667fa-b05d-4cb4-8900-b1c43957cd5d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Andersons, Inc. (ANDE)
CIK: 0000821026
Period of Report: 2023-08-25

Reporting Person: Walz Brian K. (VP & Treasurer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-08-25 Common Stock S 3414 $51.26 Disposed 15009.941 Direct

Holdings (Non-Derivative)

Security Shares Ownership
PERFORMANCE SHARE UNIT (EPS) (2026) 1884 Direct
PERFORMANCE SHARE UNIT (TSR) (2024) 1742 Direct
PERFORMANCE SHARE UNIT (EPS) (2025) 1656 Direct
RESTRICTED SHARE UNIT (2025) 1103 Direct
RESTRICTED SHARE UNIT (2026) 1883 Direct
PERFORMANCE SHARE UNIT (TSR) (2025) 1656 Direct
PERFORMANCE SHARE UNIT (EPS) (2024) 1742 Direct
PERFORMANCE SHARE UNIT (TSR) (2026) 1884 Direct

Footnotes

F1: Stock performance unit granted pursuant to The Andersons, Inc. Plan. Units vest 100% in 3 years contingent on cumulative EPS. Number of underlying shares are determined by the three-year cumulative fully diluted EPS for the performance period.

F2: Stock performance unit (TSR) granted pursuant to The Andersons, Inc. Plan. Units vest 100% in 3 years contingent on the Company's annualized total shareholder return. Number of underlying shares are based upon the level of satisfaction of the total shareholder return for the performance period.

F3: Restricted share units vest one year after grant date.