Gary A. Douglas - 21 Oct 2025 Form 4 Insider Report for Andersons, Inc. (ANDE)

Role
Director
Signature
Gary A. Douglas, by Melissa Trippel, Limited Power of Attorney
Issuer symbol
ANDE
Transactions as of
21 Oct 2025
Net transactions value
+$1,742
Form type
4
Filing time
23 Oct 2025, 15:30:52 UTC
Previous filing
29 Aug 2025
Next filing
27 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Douglas Gary A. Director 1947 BRIARFIELD BLVD, MAUMEE Gary A. Douglas, by Melissa Trippel, Limited Power of Attorney 23 Oct 2025 0001861492

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Other $1,742 +38 +0.42% $46.41 8,973 21 Oct 2025 Direct F1

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 (2024) Award $0 +131 +4.2% $0.000000 3,205 22 Oct 2025 Common Stock 131 Direct F2, F3
transaction ANDE RESTRICTED SHARE UNIT (2025) Award $0 +78 +3.4% $0.000000 2,348 22 Oct 2025 Common Stock 78 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reinvestment of dividend.
F2 Each restricted share unit represents the right to receive, upon vesting, one share of the Issuer's common stock. These additional restricted share units represent dividends earned on the awards from vesting date through October 2025.
F3 Restricted share units were granted on May 5, 2023 as part of the Issuer's annual equity grant. Restricted share units vested one year from the date of grant. Mr. Douglas has deferred distribution of these RSUs until his retirement date.
F4 Restricted share units were granted on May 9, 2024 as part of the Issuer's annual equity grant. Restricted share units vested one year from the date of grant. Mr. Douglas has deferred distribution of these RSUs until his retirement date.