Patrick E. Bowe - Dec 14, 2023 Form 4 Insider Report for Andersons, Inc. (ANDE)

Role: President & CEO, Director
Signature: Patrick E. Bowe, by Melissa Trippel, Limited Power of Attorney
Stock symbol: ANDE
Transactions as of: Dec 14, 2023
Transactions value $: -$913,233
Form type: 4
Date filed: 12/18/2023, 12:02 PM
Previous filing: Sep 5, 2023
Next filing: Dec 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ANDE	Common Stock	Sale	-$361K	-6.62K	-5.01%	$54.62	126K	Dec 14, 2023	Direct
transaction	ANDE	Common Stock	Sale	-$552K	-10K	-8%	$54.96	115K	Dec 15, 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).