WALZ BRIAN K. (VP-Treasurer) received a stock award from ANDERSONS, INC.

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

A · 1 award

WALZ BRIAN K.

Filed: 3/4/2026ACC: 0000821026-26-000028

InsiderWALZ BRIAN K.CIK 1793147

→

IssuerANDERSONS, INC.CIK 821026

Officer· VP-Treasurer

Since Nov 2019

+585.84

Net shares

Net buyer

$31.5K

Total sold

Open market trades

0B · 0S

Total transactions

2.62K acquired · 2.03K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+521.00

Price / share

—

Trade value

—

% of position

2.6%

3/2/2026

19.98K→20.50K

Common Stock

Direct

M · Option Exercise

+402.00

Price / share

—

Trade value

—

% of position

2.0%

3/2/2026

20.50K→20.91K

Common Stock

Direct

M · Option Exercise

+627.00

Price / share

—

Trade value

—

% of position

3.0%

3/2/2026

20.91K→21.53K

Common Stock

Direct

A · Award

+37.84

Price / share

—

Trade value

—

% of position

0.2%

3/2/2026

21.53K→21.57K

Common Stock

Direct

F · Tax Withholding

−483.00

Price / share

$65.29

Trade value

$31.54K

% of position

2.2%

3/2/2026

21.57K→21.09K

Total

Net shares

+1.10K

Net value

-$31.54K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/2/2026	M · Option Exercise	+521.00	—	—	2.6%	19.98K	20.50K
Common Stock Direct	3/2/2026	M · Option Exercise	+402.00	—	—	2.0%	20.50K	20.91K
Common Stock Direct	3/2/2026	M · Option Exercise	+627.00	—	—	3.0%	20.91K	21.53K
Common Stock Direct	3/2/2026	A · Award	+37.84	—	—	0.2%	21.53K	21.57K
Common Stock Direct	3/2/2026	F · Tax Withholding	−483.00	$65.29	$31.54K	2.2%	21.57K	21.09K
Total			+1.10K		-$31.54K

Derivative Transactions4

RESTRICTED SHARE UNIT (2029)

Direct

A · Award

Converts to

Common Stock

1.03K shares

+1.03K

Strike price

Held after

1.03K

Exercisable

—

3/2/2026

RESTRICTED SHARE UNIT (2028)

Direct

M · Option Exercise

Converts to

Common Stock

521.00 shares

−521.00

Strike price

Held after

1.04K

Exercisable

—

3/2/2026

RESTRICTED SHARE UNIT (2027)

Direct

M · Option Exercise

Converts to

Common Stock

402.00 shares

−402.00

Strike price

Held after

401.00

Exercisable

—

3/2/2026

RESTRICTED SHARE UNIT (2026)

Direct

M · Option Exercise

Converts to

Common Stock

627.00 shares

−627.00

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 Stock1.03K shares	3/2/2026	A · Award	+1.03K	—	1.03K
RESTRICTED SHARE UNIT (2028) Direct	Common Stock521.00 shares	3/2/2026	M · Option Exercise	−521.00	—	1.04K
RESTRICTED SHARE UNIT (2027) Direct	Common Stock402.00 shares	3/2/2026	M · Option Exercise	−402.00	—	401.00
RESTRICTED SHARE UNIT (2026) Direct	Common Stock627.00 shares	3/2/2026	M · Option Exercise	−627.00	—	0.00