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Andersons, Inc. — Director's Dealing 2025
Oct 23, 2025
32002_dirs_2025-10-23_e7579d1f-a5e4-4519-8b14-0252590d9083.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: 2025-10-22
Reporting Person: Hershberger Pamela S (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-10-22 | RESTRICTED SHARE UNIT (2024) | $ | A | 130.61 | Acquired | Common Stock (130.61) | Direct | |
| 2025-10-22 | RESTRICTED SHARE UNIT (2025) | $ | A | 78.15 | Acquired | Common Stock (78.15) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 14275.402 | Direct |
Footnotes
F1: Each restricted share unit represents the right to receive, upon vesting, one share of the Issuer's common stock. These additional restricted share units represent dividends earned on the awards from vesting date through October 2025.
F2: Restricted share units were granted on May 5, 2023 as part of the Issuer's annual equity grant. Restricted share units vested one year from the date of grant. Ms. Hershberger has deferred distribution of these RSUs until her retirement date.
F3: Restricted share units were granted on May 9, 2024 as part of the Issuer's annual equity grant. Restricted share units vested one year from the date of grant. Ms. Hershberger has deferred distribution of these RSUs until her retirement date.