Sarah Zibbel - 02 Sep 2025 Form 4 Insider Report for Andersons, Inc. (ANDE)

Role
EVP & Chief HR Officer
Signature
Sarah J. Zibbel, by Melissa Trippel, Limited Power of Attorney
Issuer symbol
ANDE
Transactions as of
02 Sep 2025
Net transactions value
-$25,276
Form type
4
Filing time
04 Sep 2025, 14:46:19 UTC
Previous filing
04 Mar 2025
Next filing
04 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Zibbel Sarah EVP & Chief HR Officer 1947 BRIARFIELD BLVD, MAUMEE Sarah J. Zibbel, by Melissa Trippel, Limited Power of Attorney 04 Sep 2025 0001736264

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Options Exercise $0 +1,945 +110% $0.000000 3,708 02 Sep 2025 Direct
transaction ANDE Common Stock Award $0 +73 +2% $0.000000 3,780 02 Sep 2025 Direct F1
transaction ANDE Common Stock Tax liability $25,276 -618 -16% $40.90 3,162 02 Sep 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ANDE RESTRICTED SHARE UNIT (2026) Options Exercise -1,945 -50% 1,944 02 Sep 2025 Common Stock 1,945 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 September 1, 2023, in conjunction with Ms. Zibbel's hiring. Restricted share units have a graded vesting schedule over the three-year period from date of grant.