Director at Andersons (NASDAQ: ANDE) sells 900 shares in open-market trade

Rhea-AI Filing Summary

Andersons, Inc. director Patrick E. Bowe reported an open-market sale of Common Stock. On April 29, 2026, he sold 900 shares at $78.06 per share. After this transaction, he directly holds 113,974.6324 shares of Andersons, Inc. common stock.

Insider Trade Summary 10b5-1

Net Seller: 900 shares ($70,254)

Net Sell 1 txn

Insider Bowe Patrick E.

Role null

Sold 900 shs ($70K)

Type	Security	Shares	Price	Value
Sale	Common Stock	900	$78.06	$70K

Holdings After Transaction: Common Stock — 113,974.632 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 900 shares Sale price per share: $78.06 Shares held after transaction: 113,974.6324 shares +1 more

4 metrics

Shares sold 900 shares Open-market sale of Common Stock on April 29, 2026

Sale price per share $78.06 Price per share for the 900-share sale

Shares held after transaction 113,974.6324 shares Direct ownership after the reported sale

Net shares sold 900 shares Net sell shares in transaction summary

Key Terms

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

4 terms

Form 4 regulatory

"This post-transaction balance is disclosed in the Form 4 as his total direct ownership"

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

"He sold 900 shares of Common Stock in an open-market transaction at $78.06 per share"

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

"reported an open-market sale of 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 regulatory

"The transaction is categorized as an open-market sale under transaction code S in the filing"

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)
04/29/2026

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	04/29/2026		S		900	D	$78.06	113,974.6324	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	04/30/2026
	** 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 transaction did Andersons, Inc. (ANDE) report in this Form 4?

Andersons, Inc. reported that director Patrick E. Bowe sold 900 shares of Common Stock in an open-market transaction at $78.06 per share. The filing shows this as a routine Form 4 insider sale for one reporting person.

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

The insider is Patrick E. Bowe, a director of Andersons, Inc. He reported one transaction involving the sale of 900 shares of the company’s Common Stock in an open-market trade, as disclosed in the Form 4 filing.

How many Andersons, Inc. (ANDE) shares did the director sell and at what price?

Director Patrick E. Bowe sold 900 shares of Andersons, Inc. Common Stock at a price of $78.06 per share. The transaction is categorized as an open-market sale under transaction code S in the filing.

How many Andersons, Inc. (ANDE) shares does the insider hold after the sale?

Following the reported sale, Patrick E. Bowe directly holds 113,974.6324 shares of Andersons, Inc. Common Stock. This post-transaction balance is disclosed in the Form 4 as his total direct ownership after the 900-share sale.

Was the Andersons, Inc. (ANDE) insider transaction a buy or a sell?

The transaction was a sell. The Form 4 classifies it as an open-market sale of 900 shares of Common Stock, with the transaction direction labeled as “sell” and the action described as an open-market sale.