Hoelter Michael T. 4

4 · Andersons, Inc. · Filed Mar 4, 2025

Form 4

Period: 2025-03-03

VP, Corp Controller & IR

Transactions

Exercise/Conversion
Common Stock
2025-03-03+365→ 13,934.691 total
Award
RESTRICTED SHARE UNIT (2028)
2025-03-03+1,444→ 1,444 total
→ Common Stock (1,444 underlying)
Exercise/Conversion
RESTRICTED SHARE UNIT (2027)
2025-03-03−365→ 727 total
→ Common Stock (365 underlying)
Exercise/Conversion
RESTRICTED SHARE UNIT (2026)
2025-03-03−557→ 556 total
→ Common Stock (557 underlying)
Exercise/Conversion
RESTRICTED SHARE UNIT (2025)
2025-03-03−392→ 0 total
→ Common Stock (392 underlying)
Exercise/Conversion
Common Stock
2025-03-03+557→ 14,491.691 total
Exercise/Conversion
Common Stock
2025-03-03+392→ 14,883.691 total
Award
Common Stock
2025-03-03+46.67→ 14,930.361 total
Tax Payment
Common Stock
2025-03-03$42.78/sh−479$20,492→ 14,451.361 total

Footnotes (7)

[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 March 3, 2025 as part of the Issuer's annual equity grant. Restricted share units have a graded vesting schedule over the three-year period from date of grant.
[F5]Restricted share units were granted on March 1, 2024 as part of the Issuer's annual equity grant. Restricted share units have a graded vesting schedule over the three-year period from date of grant.
[F6]Restricted share units were granted on March 1, 2023 as part of the Issuer's annual equity grant. Restricted share units have a graded vesting schedule over the three-year period from date of grant.
[F7]Restricted share units were granted on March 2, 2022 as part of the Issuer's annual equity grant. Restricted share units have a graded vesting schedule over the three-year period from date of grant.

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