Hoelter Michael T. 4

4 · Andersons, Inc. · Filed Mar 4, 2026

Form 4

Period: 2026-03-02

VP, Corp Controller & IR

Transactions

Exercise/Conversion
Common Stock
2026-03-02+364→ 16,380.221 total
Exercise/Conversion
Common Stock
2026-03-02+556→ 16,936.221 total
Exercise/Conversion
Common Stock
2026-03-02+482→ 17,418.221 total
Award
Common Stock
[F1]
2026-03-02+33.98→ 17,452.201 total
Tax Payment
Common Stock
[F2]
2026-03-02$65.29/sh−419$27,357→ 17,033.201 total
Award
RESTRICTED SHARE UNIT (2029)
[F3][F4]
2026-03-02+971→ 971 total
→ Common Stock (971 underlying)
Exercise/Conversion
RESTRICTED SHARE UNIT (2028)
[F3][F5]
2026-03-02−482→ 962 total
→ Common Stock (482 underlying)
Exercise/Conversion
RESTRICTED SHARE UNIT (2027)
[F3][F6]
2026-03-02−364→ 363 total
→ Common Stock (364 underlying)
Exercise/Conversion
RESTRICTED SHARE UNIT (2026)
[F3][F7]
2026-03-02−556→ 0 total
→ Common Stock (556 underlying)

Footnotes (7)

[F1]Dividend equivalent received.
[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 2, 2026 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 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.
[F6]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.
[F7]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.

Signature

Michael T. Hoelter, by Melissa Trippel, Limited Power of Attorney|2026-03-04

Documents

2 files