William E. Krueger - 11 Feb 2026 Form 4 Insider Report for Andersons, Inc. (ANDE)

Signature
William E. Krueger, by Melissa Trippel, Limited Power of Attorney
Issuer symbol
ANDE
Transactions as of
11 Feb 2026
Net transactions value
-$1,056,208
Form type
4
Filing time
13 Feb 2026, 13:53:57 UTC
Previous filing
27 Jan 2026
Next filing
04 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Krueger William E. President and CEO P.O. BOX 119, MAUMEE William E. Krueger, by Melissa Trippel, Limited Power of Attorney 13 Feb 2026 0001762399

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Options Exercise $0 +27,698 +76% $0.000000 63,954 11 Feb 2026 Direct
transaction ANDE Common Stock Options Exercise $0 +10,248 +16% $0.000000 74,202 11 Feb 2026 Direct
transaction ANDE Common Stock Award $0 +1,290 +1.7% $0.000000 75,492 11 Feb 2026 Direct F1
transaction ANDE Common Stock Tax liability $1,056,208 -15,283 -20% $69.11 60,209 11 Feb 2026 Direct F2
holding ANDE Common Stock 443,339 11 Feb 2026 William E. Krueger Beneficiary Trust

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 PERFORMANCE SHARE UNIT (EPS) (2026) Options Exercise -27,698 -100% 0 11 Feb 2026 Common Stock 27,698 Direct F3, F4
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2026) Options Exercise -10,248 -37% 17,450 11 Feb 2026 Common Stock 10,248 Direct F4, F5
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2026) Disposed to Issuer -17,450 -100% 0 11 Feb 2026 Common Stock 17,450 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 determined by the three-year cumulative fully diluted EPS for the performance period.
F4 Each PSU vests and converts to common stock as of February 11, 2026.
F5 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.
F6 PSU Vesting for fewer than allocated shares. Excess shares are being cancelled.