Sarah Zibbel - Sep 2, 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
Stock symbol
ANDE
Transactions as of
Sep 2, 2025
Transactions value $
-$25,276
Form type
4
Date filed
9/4/2025, 02:46 PM
Previous filing
Mar 4, 2025
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 2025-09-04 0001736264

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Options Exercise $0 +1.95K +110.35% $0.00 3.71K Sep 2, 2025 Direct
transaction ANDE Common Stock Award $0 +72.8 +1.96% $0.00 3.78K Sep 2, 2025 Direct F1
transaction ANDE Common Stock Tax liability -$25.3K -618 -16.35% $40.90 3.16K Sep 2, 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 -1.95K -50.01% 1.94K Sep 2, 2025 Common Stock 1.95K 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.