Andersons Inc SEC Filings

Andersons, Inc. (ANDE) director reported routine equity activity. On 10/21/2025, the director acquired 37.541 shares of common stock at $46.412 through a dividend reinvestment. Following this, common stock beneficial ownership was 8,972.622 shares (direct).

On 10/22/2025, the director was credited dividend-equivalent restricted share units, including 130.61 tied to a 2023 grant and 78.15 tied to a 2024 grant. Each RSU represents one share upon vesting, and distribution has been deferred until retirement, per the filing’s notes.

The Andersons, Inc. (ANDE) director John T. Stout filed a Form 4 reporting the acquisition of 2.337 shares of common stock on 10/22/2025, described as a reinvestment of dividend, at $45.77 per share. Following the transaction, he beneficially owned 45,940.5719 shares directly and 4,219 shares indirectly held in trust.

The Andersons, Inc. filed an 8-K/A to add narrative pro forma details tied to its completed purchase of the remaining 49.9% of The Andersons Marathon Holdings (TAMH) from Marathon for $425.0 million, inclusive of $40.0 million working capital. The deal closed on July 31, 2025.

Assuming a January 1, 2024 closing, pro forma net income attributable to controlling interests would have been $140.0 million after $30.7 million of financing cost adjustments, with pro forma EPS up $0.76 to $4.11 basic and $4.08 diluted. For the six months ended June 30, 2025, pro forma net income attributable to controlling interests would have been $15.6 million after a $9.9 million financing adjustment, with pro forma EPS up $0.22 to $0.46.

If reflected on June 30, 2025, the pro forma balance sheet shows cash down $351.0 million, short‑term debt up $74.0 million, and shareholders’ equity reduced by $425.0 million (reducing noncontrolling interest by $203.6 million and additional paid‑in capital by $221.4 million), resulting in total assets of $3,095.5 million, liabilities of $1,910.0 million, and equity of $1,185.5 million.

Andersons, Inc. (ANDE) reported a Form 4 showing that Emmanuel N. Ayuk, EVP, General Counsel and Corporate Secretary, received an award of 12,513 restricted share units on October 1, 2025 in connection with his hiring. Each restricted share unit represents the right to receive one share of common stock upon vesting. The grant uses a graded vesting schedule over a three-year period from the grant date, and the reported RSUs are recorded as directly owned by Mr. Ayuk. The filing was signed under limited power of attorney and dated October 2, 2025.

Sarah J. Zibbel, EVP & Chief HR Officer and director of Andersons, Inc. (ANDE), reported transactions dated 09/02/2025. She was credited with 1,945 restricted share units (RSUs) (recorded as common stock), received 72.759 shares in lieu of a cash dividend, and 618 shares were withheld to satisfy tax withholding at a price of $40.90 per share. After these transactions, her reported beneficial ownership totaled 3,162.349 shares. The RSUs were originally granted on 09/01/2023 with a graded vesting schedule over three years. The Form 4 was signed by a limited power of attorney on 09/04/2025.

Insider transaction summary for Andersons, Inc. (ANDE) Ross W. Manire, a company director, reported an amended Form 4 showing a non‑derivative acquisition on 05/09/2025. The filing states shares were received in lieu of a cash dividend (noted in the explanation). The reported transaction line shows an acquisition of 9.65 shares at a price of $0, and total beneficial ownership following the transaction of 33,567.182 shares held directly. The form indicates it is an amendment and includes a signature block executed under a limited power of attorney.

John T. Stout Jr., a director of Andersons, Inc. (ANDE), reported a non-derivative transaction dated 07/22/2025 that the filer explains as a reinvestment of a dividend. The Form 4 shows a transaction coded J(1) recording 2.9263 shares acquired at a price of $36.36. Following the reported transaction the filing lists 45,938.2349 shares beneficially owned (direct) and an additional 4,219 shares indirectly held in trust. The form was signed by a limited power of attorney on behalf of Mr. Stout on 08/29/2025. This appears to be a routine insider dividend reinvestment rather than a voluntary open-market trade.

John T. Stout Jr., a director of Andersons, Inc. (ANDE), amended a Form 4 to report a non‑derivative acquisition dated 05/09/2025. The filing indicates shares were received in lieu of a cash dividend (marked as Acquisition, price $0). Following the reported transaction the filing shows 45,935.3086 shares beneficially owned and an additional 4,219 shares held indirectly in trust. The amendment date is 05/12/2025, and the Form 4 was signed by limited power of attorney on 08/29/2025. The report lists Mr. Stout's address in Maumee, Ohio, and his relationship to the issuer as a director.

Andersons, Inc. (ANDE) director Gary A. Douglas reported a dividend reinvestment transaction dated 07/21/2025 that purchased 47.697 shares of the company's common stock at a price of $36.334 per share. After the reinvestment, Mr. Douglas beneficially owned 8,935.081 shares. The Form 4 was executed under a limited power of attorney and signed on 08/29/2025. The filing identifies the transaction code as J(1), which the filer's explanation states corresponds to a reinvestment of dividend.