Walz Brian K. 4

What Happened
Brian K. Walz, Vice President and Treasurer of Andersons, Inc. (ANDE), sold 200 shares on February 12, 2026. The shares were disposed at $70.00 per share for total proceeds of $14,000. This was a sale (not a purchase); sales by insiders are common and can reflect personal liquidity rather than a view on the company.

Key Details

• Transaction date: 2026-02-12 — Sale at $70.00 per share
• Shares sold: 200; Proceeds: $14,000
• Transaction type: Sale (open-market/private sale indicated on filing)
• Shares owned after transaction: Not disclosed in the provided filing data
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other notes reported in the provided summary
• Filing timeliness: Form filed 2026-03-06, 22 days after the trade (late versus the typical Form 4 deadline of 2 business days)

Context
Insider sales are routine and may be for personal reasons (taxes, diversification, liquidity); they do not, by themselves, prove a change in insider sentiment. Purchases generally provide clearer positive signals for investors. Because this filing was submitted well after the transaction date, verify the original Form 4 (Accession 0000821026-26-000034) for full details if you plan to act on this information.