HOELTER MICHAEL T. (Corporate Controller) received a stock award from ANDERSONS, INC.

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

A · 1 award

HOELTER MICHAEL T.

Filed: 3/4/2026ACC: 0000821026-26-000014

InsiderHOELTER MICHAEL T.CIK 1767069

→

IssuerANDERSONS, INC.CIK 821026

Officer· Corporate Controller

Since Feb 2019

+585.98

Net shares

Net buyer

$27.4K

Total sold

Open market trades

0B · 0S

Total transactions

2.41K acquired · 1.82K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+364.00

Price / share

—

Trade value

—

% of position

2.3%

3/2/2026

16.02K→16.38K

Common Stock

Direct

M · Option Exercise

+556.00

Price / share

—

Trade value

—

% of position

3.4%

3/2/2026

16.38K→16.94K

Common Stock

Direct

M · Option Exercise

+482.00

Price / share

—

Trade value

—

% of position

2.8%

3/2/2026

16.94K→17.42K

Common Stock

Direct

A · Award

+33.98

Price / share

—

Trade value

—

% of position

0.2%

3/2/2026

17.42K→17.45K

Common Stock

Direct

F · Tax Withholding

−419.00

Price / share

$65.29

Trade value

$27.36K

% of position

2.4%

3/2/2026

17.45K→17.03K

Total

Net shares

+1.02K

Net value

-$27.36K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/2/2026	M · Option Exercise	+364.00	—	—	2.3%	16.02K	16.38K
Common Stock Direct	3/2/2026	M · Option Exercise	+556.00	—	—	3.4%	16.38K	16.94K
Common Stock Direct	3/2/2026	M · Option Exercise	+482.00	—	—	2.8%	16.94K	17.42K
Common Stock Direct	3/2/2026	A · Award	+33.98	—	—	0.2%	17.42K	17.45K
Common Stock Direct	3/2/2026	F · Tax Withholding	−419.00	$65.29	$27.36K	2.4%	17.45K	17.03K
Total			+1.02K		-$27.36K

Derivative Transactions4

RESTRICTED SHARE UNIT (2029)

Direct

A · Award

Converts to

Common Stock

971.00 shares

+971.00

Strike price

Held after

971.00

Exercisable

—

3/2/2026

RESTRICTED SHARE UNIT (2028)

Direct

M · Option Exercise

Converts to

Common Stock

482.00 shares

−482.00

Strike price

Held after

962.00

Exercisable

—

3/2/2026

RESTRICTED SHARE UNIT (2027)

Direct

M · Option Exercise

Converts to

Common Stock

364.00 shares

−364.00

Strike price

Held after

363.00

Exercisable

—

3/2/2026

RESTRICTED SHARE UNIT (2026)

Direct

M · Option Exercise

Converts to

Common Stock

556.00 shares

−556.00

Strike price

Held after

0.00

Exercisable

—

3/2/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
RESTRICTED SHARE UNIT (2029) Direct	Common Stock971.00 shares	3/2/2026	A · Award	+971.00	—	971.00
RESTRICTED SHARE UNIT (2028) Direct	Common Stock482.00 shares	3/2/2026	M · Option Exercise	−482.00	—	962.00
RESTRICTED SHARE UNIT (2027) Direct	Common Stock364.00 shares	3/2/2026	M · Option Exercise	−364.00	—	363.00
RESTRICTED SHARE UNIT (2026) Direct	Common Stock556.00 shares	3/2/2026	M · Option Exercise	−556.00	—	0.00