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Andersons, Inc. Director's Dealing 2025

Mar 4, 2025

32002_dirs_2025-03-04_24ee9617-d0fb-4cb4-b2a7-5ee72f5876c0.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: Castellano Christine M. (EVP, Gen Counsel & Corp Sec)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-03-03 Common Stock M 1130 Acquired 38586.23 Direct
2025-03-03 Common Stock M 1367 Acquired 39953.23 Direct
2025-03-03 Common Stock M 1427 Acquired 41380.23 Direct
2025-03-03 Common Stock A 143.01 Acquired 41523.24 Direct
2025-03-03 Common Stock F 1246 $42.78 Disposed 40277.24 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-03-03 RESTRICTED SHARE UNIT (2028) $ A 4259 Acquired Common Stock (4259) Direct
2025-03-03 RESTRICTED SHARE UNIT (2027) $ M 1130 Disposed Common Stock (1130) Direct
2025-03-03 RESTRICTED SHARE UNIT (2026) $ M 1367 Disposed Common Stock (1367) Direct
2025-03-03 RESTRICTED SHARE UNIT (2025) $ M 1427 Disposed Common Stock (1427) 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.