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Andersons, Inc. Director's Dealing 2024

Mar 5, 2024

32002_dirs_2024-03-05_0dc8525b-d2d0-45c9-a258-91943cd06809.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: 2024-03-01

Reporting Person: Hoelter Michael T. (VP, Corp Controller & IR)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-01 Common Stock M 558 Acquired 12274.4814 Direct
2024-03-01 Common Stock M 392 Acquired 12666.4814 Direct
2024-03-01 Common Stock A 17.94 Acquired 12684.4214 Direct
2024-03-01 Common Stock F 290 $55.28 Disposed 12394.4214 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-03-01 RESTRICTED SHARE UNIT (2027) $ A 1092 Acquired Common Stock (1092) Direct
2024-03-01 RESTRICTED SHARE UNIT (2026) $ M 558 Disposed Common Stock (558) Direct
2024-03-01 RESTRICTED SHARE UNIT (2025) $ M 392 Disposed Common Stock (392) Direct

Footnotes

F1: Shares in lieu of cash dividend.

F2: Shares withheld to cover tax liability.

F3: Each restricted share unit represents the right to receive, upon vesting, one share of the Issuer's common stock.

F4: 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.

F5: 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.

F6: Restricted share units were granted on March 2, 2022 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.