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Andersons, Inc. Director's Dealing 2025

Mar 4, 2025

32002_dirs_2025-03-04_676628c2-37b0-4f10-9c3d-76121cd86f7a.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: 2025-03-03

Reporting Person: Valentine Brian A (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-03-03 Common Stock M 1763 Acquired 85252.34 Direct
2025-03-03 Common Stock M 2843 Acquired 88095.34 Direct
2025-03-03 Common Stock M 2968 Acquired 91063.34 Direct
2025-03-03 Common Stock A 286.94 Acquired 91350.28 Direct
2025-03-03 Common Stock F 2308 $42.78 Disposed 89042.28 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-03-03 RESTRICTED SHARE UNIT (2028) $ A 6814 Acquired Common Stock (6814) Direct
2025-03-03 RESTRICTED SHARE UNIT (2027) $ M 1763 Disposed Common Stock (1763) Direct
2025-03-03 RESTRICTED SHARE UNIT (2026) $ M 2843 Disposed Common Stock (2843) Direct
2025-03-03 RESTRICTED SHARE UNIT (2025) $ M 2968 Disposed Common Stock (2968) 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 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.

F5: 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.

F6: 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.

F7: 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.