Andersons (ANDE) treasurer trims stake with 200-share sale

Rhea-AI Filing Summary

Andersons, Inc. vice president and treasurer Brian K. Walz reported an open-market sale of 200 shares of common stock at $70.00 per share on February 12, 2026. After this transaction, he directly owned 20,887.501 shares of Andersons common stock.

Insider Trade Summary

Net Seller: 200 shares ($14,000)

Net Sell 1 txn

Insider Walz Brian K.

Role VP & Treasurer

Sold 200 shs ($14K)

Type	Security	Shares	Price	Value
Sale	Common Stock	200	$70.00	$14K

Holdings After Transaction: Common Stock — 20,887.501 shares (Direct)

Footnotes (1)

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^*

Walz Brian K.

(Last) (First) (Middle)

1947 BRIARFIELD BLVD

(Street)

MAUMEE OH 43537

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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

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 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	02/12/2026		S		200	D	$70	20,887.501	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:

	Brian K. Walz, by Melissa Trippel, Limited Power of Attorney	03/06/2026
	** 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.

FAQ

What insider transaction did Andersons (ANDE) report for Brian K. Walz?

Andersons reported that VP and treasurer Brian K. Walz sold 200 shares of common stock in an open-market transaction at $70.00 per share. This Form 4 filing reflects a routine update to his reported direct share ownership.

When did the Andersons (ANDE) insider sale by Brian K. Walz occur?

The reported Andersons insider sale occurred on February 12, 2026. On that date, Brian K. Walz executed an open-market sale of 200 common shares at $70.00 per share, as disclosed in the Form 4 filing for the company.

How many Andersons (ANDE) shares did Brian K. Walz sell and at what price?

Brian K. Walz sold 200 shares of Andersons common stock at a price of $70.00 per share. The Form 4 notes this as an open-market sale, categorized under SEC transaction code “S” for sale in the open market or private transaction.

What is Brian K. Walz’s role at Andersons (ANDE) in this Form 4 filing?

In this Form 4, Brian K. Walz is identified as a vice president and treasurer of Andersons, Inc. The filing classifies him as an officer but not a director or 10% owner, providing context for his insider status in the transaction.

How many Andersons (ANDE) shares does Brian K. Walz own after the sale?

Following the reported sale, Brian K. Walz directly owned 20,887.501 shares of Andersons common stock. This figure reflects his direct ownership after the 200-share open-market sale disclosed in the Form 4 transaction summary for the officer.

Was the Andersons (ANDE) insider transaction a buy or sell by Brian K. Walz?

The reported insider transaction was a sale by Brian K. Walz. The Form 4 identifies the event as an open-market sale under transaction code “S,” with 200 shares sold at $70.00 per share and a resulting net-sell share direction in the summary.