Andersons (ANDE) Form 4/A Reports Small Dividend Reinvestment by Director
Rhea-AI Filing Summary
Robert J. King Jr., a director of Andersons, Inc. (ANDE), amended a Form 4 to report a small non‑derivative acquisition on 05/09/2025. The filing shows 9.65 shares of Common Stock acquired at $0 under Code V (shares issued in lieu of a cash dividend). After the transaction the reporting person beneficially owned 8,519.28 shares directly and 43,091.902 shares indirectly through the Robert J. King Jr. Trust u/a dated Dec. 20, 2013. The amendment was filed on 05/12/2025 and signed by a limited power of attorney on 08/29/2025.
Positive
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Insights
TL;DR: Amendment reports a routine dividend reinvestment of 9.65 shares by a director, with no material change to overall holdings.
The Form 4/A documents a Code V acquisition (shares in lieu of cash dividend) for a director of Andersons, Inc. The size of the acquisition (9.65 shares) is immaterial relative to the director's total reported holdings (8,519.28 direct; 43,091.902 indirect). This is a routine administrative disclosure rather than a directional trading signal. The indirect holdings via trust remain the dominant component of beneficial ownership.
TL;DR: Filing is a standard insider reporting amendment reflecting dividend reinvestment; governance implications are minimal.
The amendment clarifies the mechanics of a dividend reinvestment (Code V) and updates beneficial ownership totals. There is no indication of option exercises, sales, or other compensatory transactions. As a governance matter, timely disclosure via the amended Form 4/A preserves transparency but does not signal a change in board member alignment or control.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9.65 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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