Andersons director files initial holdings report

Andersons, Inc. director David R. Heppner filed an initial ownership report on Form 3.

Rhea-AI Filing Summary

Andersons, Inc. director David R. Heppner filed an initial ownership report on Form 3. The filing shows he is a director of the company and currently reports direct beneficial ownership of 0 shares of Andersons common stock as of June 18, 2026. The entry is a holdings disclosure rather than a buy or sell transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Heppner David R

Role Director

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 0 shares (Direct)

Key Figures

Reported holdings: 0 shares

1 metrics

Reported holdings 0 shares Common Stock, as of June 18, 2026

Key Terms

Common Stock, reporting person, total shares following transaction

3 terms

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

reporting person regulatory

""reportingPersons": [{"name": "Heppner David R""

total shares following transaction financial

""total_shares_following_transaction": "0.0000""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does David R. Heppner’s Form 3 for ANDE show?

The Form 3 shows that director David R. Heppner has reported 0 shares of Andersons, Inc. common stock as of June 18, 2026. This is an initial ownership statement, not a record of a stock purchase or sale.

Is David R. Heppner buying or selling Andersons (ANDE) stock in this Form 3?

No stock purchase or sale is reported. The Form 3 lists a holdings entry with 0 shares of Andersons, Inc. common stock. It simply establishes his status as a director and discloses that he currently reports no directly held shares.

What position does the reporting person hold at Andersons, Inc. (ANDE)?

David R. Heppner is identified as a director of Andersons, Inc. in the Form 3. The filing confirms his role on the board while showing that he reports no direct common stock holdings as of the stated date.

What security is covered in David R. Heppner’s ANDE Form 3 filing?

The Form 3 covers Common Stock of Andersons, Inc. It records a holdings entry with 0 shares reported following the transaction date of June 18, 2026, indicating no directly owned shares of this security at that time.

Why is a Form 3 filed if David R. Heppner holds zero ANDE shares?

Form 3 is required when someone becomes a director or other insider, even if they hold no shares. This filing for Andersons, Inc. records Heppner’s insider status and discloses that he has 0 reported common stock holdings as of the filing date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2026 - 02:34 PM EDT Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Heppner David R

(Last) (First) (Middle)

1947 BRIARFIELD BLVD

(Street)

MAUMEE OHIO 43537

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
06/18/2026

3. Issuer Name and Ticker or Trading Symbol
Andersons, Inc. [ ANDE ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	David R. Heppner, by Melissa Trippel, Limited Power of Attorney	06/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)