The Andersons, Inc. (ANDE) filings document an agriculture and renewable fuels operating company with Agribusiness and Renewables segments. Its current-event, amendment, and proxy filings cover segment earnings, commodity merchandising, ethanol and co-product operations, agricultural inputs, biofuels policy exposure, and completed ownership changes involving The Andersons Marathon Holdings LLC.
Regulatory filings also record the company's capital structure and governance, including amendments to revolving credit and term-loan arrangements, annual meeting vote results, director elections, executive compensation advisory matters, auditor ratification, proxy disclosures, and board compensation and indemnification arrangements.
Andersons, Inc. (ANDE) reported third-quarter 2026 net income attributable to the company of $46.445 million, or $1.36 per diluted share, versus $20.138 million, or $0.59, a year earlier. Adjusted net income attributable to the company was $47.201 million, and adjusted diluted EPS was $1.38. Revenue was $2.833715 billion, compared with $2.677712 billion; adjusted EBITDA was $101.364 million, versus $78.299 million. Renewables reported $63.008 million in pretax income and recognized $27 million of 45Z producer tax credits.
Cash used in operating activities was $124.223 million, compared with $233.882 million provided in Q3 2025; cash from operations before working capital changes was $83.445 million versus $68.461 million. Capital spending was $60 million. The company agreed to sell most of the 2026 45Z tax credits it is generating, with most cash expected later this year. Its Clymers, Indiana, ethanol debottlenecking project remains on track to bring an additional 30 million gallons online in mid-2027. The Port of Houston soybean meal export project is operational, and the company is booking shipments for the remainder of 2026 and into 2027.
Andersons, Inc. director Gary A. Douglas reported acquiring 10 and 7 restricted share units and 38 common shares on October 22, 2026. Each restricted share unit represents a right to receive one common share upon vesting. The common shares were acquired through dividend reinvestment at $65.15 per share. Following the transactions, his reported direct holdings were 3,242 and 2,375 restricted share units, respectively, and 12,512 common shares.
Andersons, Inc. director Pamela S. Hershberger acquired 9.839 restricted share units labeled 2024, 7.209 labeled 2025, and 10.423 labeled 2026 on October 22, 2026; the entries are described as dividend equivalents. Each unit represents the right to receive one share of common stock upon vesting. The respective post-transaction RSU balances were 3,241.864, 2,375.446, and 3,434.286 units. She also directly held 14,275 shares of common stock.
Andersons, Inc. (ANDE) notified Sarah J. Zibbel, Executive Vice President and Chief Human Resources Officer, on October 21, 2026, that her position would be eliminated as part of a restructuring of the human resources department; her employment will terminate October 31, 2026. Under the company's Change in Control & Severance policy, she will be entitled to benefits payable for a qualifying termination. She will retain her outstanding restricted stock units and be eligible for a pro-rated portion of the 2024 performance share units earned based on actual performance through the three-year performance period ending in 2026. Her 2025 and 2026 performance share units will be forfeited.
Andersons, Inc. EVP, GC & Corp Secretary Emmanuel N. Ayuk reported that on October 2, 2026, 4,172 restricted share units were converted into 4,172 common shares, with a reported RSU position of 8,341 units after the transaction. He also acquired 63 common shares in lieu of a cash dividend and had 1,212 common shares withheld to cover tax liability, at a reported $65.70 per share.
Andersons, Inc. (ANDE) reported that EVP & Chief HR Officer Sarah Zibbel had restricted share units vest and convert into common stock and related tax withholding transactions. On September 2, 2026, 1,944 restricted share units vested into an equal number of common shares, exhausting that RSU award. Of these, 602 shares of common stock were withheld at $64.87 per share to cover tax liability, with the balance remaining as stock. On September 1, 2026, she also acquired 69.675 shares of common stock as shares in lieu of a cash dividend. No Rule 10b5-1 trading plan is reported.
For Andersons, Inc. (ANDE), director David R. Heppner reported receiving 37 shares of common stock on 2026-08-24. The filing classifies this as a grant or award acquisition, with a stated price of $0.00 per share. A footnote explains the shares were issued in lieu of all or part of the Board of Director's cash retainer. Following this award, Heppner directly holds 514 common shares of Andersons, Inc.
Andersons, Inc. director David R. Heppner received a grant of 283 shares of Common Stock on August 3, 2026, classified as a grant, award, or other acquisition. According to the footnote, the shares were issued in lieu of all or part of his Board of Director's retainer, bringing his direct holdings to 477 shares.
The Andersons, Inc. reported higher results for the quarter ended June 30, 2026. Net income attributable to the company was $56.6 million, or $1.65 per diluted share, compared with $7.9 million and $0.23 a year earlier. Adjusted net income attributable was $73.6 million and adjusted diluted EPS $2.15. Sales and merchandising revenues were about $3.10 billion, slightly below 2025, but gross profit increased to $223.7 million. Adjusted EBITDA rose from $65.2 million to $140.3 million.
Renewables delivered a record second quarter with pretax income of $65 million, adjusted pretax income of $88 million, and adjusted EBITDA of $103 million, supported by record production, strong merchandising and $24 million of 45Z producer tax credits. Agribusiness generated pretax and adjusted pretax income of $20 million and adjusted EBITDA of $53 million, helped by stronger fertilizer margins and improved merchandising.
Cash provided by operating activities increased to $488 million, while cash from operations before working capital changes was $113 million. Capital spending totaled $76 million on facilities and strategic growth projects. The income tax expense was $13 million, an effective rate of 20%, and management expects a full-year adjusted effective rate of approximately 14%–18%.