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Andersons, Inc. Director's Dealing 2025

May 12, 2025

32002_dirs_2025-05-12_be8fc6af-74ae-4e8c-ab7d-0b6b2de90dc3.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: 2025-05-08

Reporting Person: Hershberger Pamela S (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-05-08 RESTRICTED SHARE UNIT (2026) $ A 3376 Acquired Common Stock (3376) 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.

F2: Restricted share units were granted on May 8, 2025 as part of the Issuer's annual equity grant. Restricted share units vest one year from the date of grant.