Walz Brian K. 4

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

Form 4

Period: 2026-03-02

VP & Treasurer

Transactions

Exercise/Conversion
Common Stock
2026-03-02+521→ 20,503.661 total
Exercise/Conversion
Common Stock
2026-03-02+402→ 20,905.661 total
Exercise/Conversion
Common Stock
2026-03-02+627→ 21,532.661 total
Award
Common Stock
[F1]
2026-03-02+37.84→ 21,570.501 total
Tax Payment
Common Stock
[F2]
2026-03-02$65.29/sh−483$31,535→ 21,087.501 total
Award
RESTRICTED SHARE UNIT (2029)
[F3][F4]
2026-03-02+1,031→ 1,031 total
→ Common Stock (1,031 underlying)
Exercise/Conversion
RESTRICTED SHARE UNIT (2028)
[F3][F5]
2026-03-02−521→ 1,041 total
→ Common Stock (521 underlying)
Exercise/Conversion
RESTRICTED SHARE UNIT (2027)
[F3][F6]
2026-03-02−402→ 401 total
→ Common Stock (402 underlying)
Exercise/Conversion
RESTRICTED SHARE UNIT (2026)
[F3][F7]
2026-03-02−627→ 0 total
→ Common Stock (627 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

Brian K. Walz, by Melissa Trippel, Limited Power of Attorney|2026-03-04

Documents

2 files