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Andersons, Inc. — Director's Dealing 2025
Feb 12, 2025
32002_dirs_2025-02-12_9f24550a-a777-408b-895e-780b5efb2cb5.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: 2025-02-10
Reporting Person: Hoelter Michael T. (VP, Corp Controller & IR)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-10 | Common Stock | M | 542 | — | Acquired | 12936.4214 | Direct |
| 2025-02-10 | Common Stock | A | 65.25 | — | Acquired | 13001.6714 | Direct |
| 2025-02-10 | Common Stock | A | 30.02 | — | Acquired | 13031.6914 | Direct |
| 2025-02-10 | Common Stock | F | 438 | $40.74 | Disposed | 12593.6914 | Direct |
| 2025-02-10 | Common Stock | F | 202 | $40.74 | Disposed | 12391.6914 | Direct |
| 2025-02-10 | Common Stock | M | 1178 | — | Acquired | 13569.6914 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-10 | PERFORMANCE SHARE UNIT (TSR) (2025) | $ | D | 636 | Disposed | Common Stock (636) | Direct | |
| 2025-02-10 | PERFORMANCE SHARE UNIT (TSR) (2025) | $ | M | 542 | Disposed | Common Stock (542) | Direct | |
| 2025-02-10 | PERFORMANCE SHARE UNIT (EPS) (2025) | $ | M | 1178 | Disposed | Common Stock (1178) | Direct |
Footnotes
F1: Dividend equivalent received.
F2: Shares withheld to cover tax liability.
F3: Performance share units (PSUs) represent the right to receive common stock following a 3 year performance period. Number of underlying shares are based upon the level of satisfaction of the total shareholder return for
the performance period.
F4: Each PSU vests and converts to common stock as of February 10, 2025.
F5: PSU Vesting for fewer than allocated shares. Excess shares are being cancelled.
F6: Stock performance unit granted pursuant to The Andersons, Inc. Plan. Units vest 100% in 3 years contingent on cumulative EPS. Number of underlying shares are determined by the three-year cumulative fully diluted EPS for the performance period.