Andersons (NASDAQ: ANDE) director sells 12,593 shares in open market

Rhea-AI Filing Summary

Andersons, Inc. director Patrick E. Bowe reported open‑market sales of company common stock. He sold 12,093 shares on April 22, 2026 at an average price of $76.11 per share and 500 shares on April 21, 2026 at an average price of $76.01.

Across both days, Bowe sold a total of 12,593 common shares. After these transactions, he directly holds 117,281.6324 shares of Andersons, Inc. common stock.

Insider Trade Summary 10b5-1

Net Seller: 12,593 shares ($958,403)

Net Sell 2 txns

Insider Bowe Patrick E.

Role null

Sold 12,593 shs ($958K)

Type	Security	Shares	Price	Value
Sale	Common Stock	12,093	$76.11	$920K
Sale	Common Stock	500	$76.01	$38K

Holdings After Transaction: Common Stock — 117,281.632 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold April 22, 2026: 12,093 shares Price April 22, 2026: $76.11 per share Shares sold April 21, 2026: 500 shares +3 more

6 metrics

Shares sold April 22, 2026 12,093 shares Open-market sale of Andersons common stock at $76.11 per share

Price April 22, 2026 $76.11 per share Sale price for 12,093 Andersons common shares

Shares sold April 21, 2026 500 shares Open-market sale of Andersons common stock at $76.01 per share

Price April 21, 2026 $76.01 per share Sale price for 500 Andersons common shares

Total shares sold 12,593 shares Combined open-market sales on April 21–22, 2026

Shares held after transactions 117,281.6324 shares Patrick E. Bowe’s direct Andersons common stock holdings post-sale

Key Terms

Form 4, open-market sale, Common Stock, transaction code "S"

4 terms

Form 4 regulatory

"Please analyze the following financial content according to the instructions above."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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.

transaction code "S" financial

""transaction_code": "S""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bowe Patrick E.

(Last) (First) (Middle)

1947 BRIARFIELD BLVD.

(Street)

MAUMEE OHIO 43537

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/21/2026		S		500	D	$76.01	129,374.6324	D
Common Stock	04/22/2026		S		12,093	D	$76.11	117,281.6324	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	Patrick E. Bowe, by Melissa Trippel, Limited Power of Attorney	04/23/2026
	** 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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transactions did Andersons (ANDE) report in this Form 4?

Andersons (ANDE) reported that director Patrick E. Bowe executed two open‑market sales of common stock. He sold 12,093 shares on April 22, 2026, and 500 shares on April 21, 2026, both at prices slightly above $76 per share.

How many Andersons (ANDE) shares did Patrick E. Bowe sell and at what prices?

Patrick E. Bowe sold a total of 12,593 Andersons (ANDE) common shares. He sold 12,093 shares at $76.11 per share on April 22, 2026, and 500 shares at $76.01 per share on April 21, 2026, in open‑market transactions.

What is Patrick E. Bowe’s remaining Andersons (ANDE) shareholding after these sales?

After the reported sales, Patrick E. Bowe directly holds 117,281.6324 Andersons (ANDE) common shares. This figure reflects his remaining ownership position following the combined sale of 12,593 shares over two consecutive trading days in April 2026.

Were the recent Andersons (ANDE) insider trades open‑market sales?

Yes. Both reported Andersons (ANDE) trades are coded as open‑market sales of common stock. The Form 4 identifies the transaction code as “S” and describes the action as an open‑market sale, indicating they were regular market transactions rather than option exercises or private transfers.

Who is the insider involved in the latest Andersons (ANDE) Form 4 filing?

The insider is Patrick E. Bowe, identified as a director of Andersons (ANDE). The Form 4 shows he directly owned the shares sold in the transactions and continues to hold a six‑figure number of common shares after completing the April 2026 sales.