DOUGLAS GARY A. received a stock award from ANDERSONS, INC.

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 1 award

DOUGLAS GARY A.

Filed: 5/8/2026ACC: 0000821026-26-000085

InsiderDOUGLAS GARY A.CIK 1861492

→

IssuerANDERSONS, INC.CIK 821026

Director

Since May 2021

+1.79K

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

5.16K acquired · 3.38K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+3.38K

Price / share

—

Trade value

—

% of position

37.4%

5/7/2026

9.03K→12.40K

Common Stock

Direct

A · Award

+39.09

Price / share

—

Trade value

—

% of position

0.3%

5/7/2026

12.40K→12.44K

Total

Net shares

+3.42K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/7/2026	M · Option Exercise	+3.38K	—	—	37.4%	9.03K	12.40K
Common Stock Direct	5/7/2026	A · Award	+39.09	—	—	0.3%	12.40K	12.44K
Total			+3.42K		$0.00

Derivative Transactions2

RESTRICTED SHARE UNIT (2026)

Direct

M · Option Exercise

Converts to

Common Stock

3.38K shares

−3.38K

Strike price

Held after

0.00

Exercisable

—

5/7/2026

RESTRICTED SHARE UNIT (2027)

Direct

A · Award

Converts to

Common Stock

1.75K shares

+1.75K

Strike price

Held after

1.75K

Exercisable

—

5/7/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
RESTRICTED SHARE UNIT (2026) Direct	Common Stock3.38K shares	5/7/2026	M · Option Exercise	−3.38K		—	0.00
RESTRICTED SHARE UNIT (2027) Direct	Common Stock1.75K shares	5/7/2026	A · Award	+1.75K		—	1.75K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)2

RESTRICTED SHARE UNIT (2025)

Direct

Underlying security

Common Stock

Underlying shares

2.36K

Shares owned

2.36K

Exercise price

Expiration

—

Exercise window

—

RESTRICTED SHARE UNIT (2024)

Direct

Underlying security

Common Stock

Underlying shares

3.22K

Shares owned

3.22K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

5.59K

Owned

5.59K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
RESTRICTED SHARE UNIT (2025) Direct	Common Stock	—	—	2.36K	2.36K
RESTRICTED SHARE UNIT (2024) Direct	Common Stock	—	—	3.22K	3.22K
Total				5.59K	5.59K