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Andersons, Inc. Director's Dealing 2025

Mar 4, 2025

32002_dirs_2025-03-04_e392b0f0-9d17-4d95-bfb2-5f3e8a01f8a2.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: Zibbel Sarah (EVP & Chief HR Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-03-03 Common Stock M 603 Acquired 1972.81 Direct
2025-03-03 Common Stock A 10.78 Acquired 1983.59 Direct
2025-03-03 Common Stock F 221 $42.78 Disposed 1762.59 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-03-03 RESTRICTED SHARE UNIT (2028) $ A 2272 Acquired Common Stock (2272) Direct
2025-03-03 RESTRICTED SHARE UNIT (2027) $ M 603 Disposed Common Stock (603) 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.