ZIBBEL SARAH (EVP & Chief HR Officer) received a stock award from ANDERSONS, INC.

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

A · 1 award

ZIBBEL SARAH

Filed: 3/4/2026ACC: 0000821026-26-000022

InsiderZIBBEL SARAHCIK 1736264

→

IssuerANDERSONS, INC.CIK 821026

Officer· EVP & Chief HR Officer

Since Mar 2026

+1.40K

Net shares

Net buyer

$31.8K

Total sold

Open market trades

0B · 0S

Total transactions

3.25K acquired · 1.85K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+758.00

Price / share

—

Trade value

—

% of position

24.0%

3/2/2026

3.16K→3.92K

Common Stock

Direct

M · Option Exercise

+602.00

Price / share

—

Trade value

—

% of position

15.4%

3/2/2026

3.92K→4.52K

Common Stock

Direct

A · Award

+23.40

Price / share

—

Trade value

—

% of position

0.5%

3/2/2026

4.52K→4.55K

Common Stock

Direct

F · Tax Withholding

−487.00

Price / share

$65.29

Trade value

$31.80K

% of position

10.7%

3/2/2026

4.55K→4.06K

Total

Net shares

+896.40

Net value

-$31.80K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/2/2026	M · Option Exercise	+758.00	—	—	24.0%	3.16K	3.92K
Common Stock Direct	3/2/2026	M · Option Exercise	+602.00	—	—	15.4%	3.92K	4.52K
Common Stock Direct	3/2/2026	A · Award	+23.40	—	—	0.5%	4.52K	4.55K
Common Stock Direct	3/2/2026	F · Tax Withholding	−487.00	$65.29	$31.80K	10.7%	4.55K	4.06K
Total			+896.40		-$31.80K

Derivative Transactions3

RESTRICTED SHARE UNIT (2029)

Direct

A · Award

Converts to

Common Stock

1.86K shares

+1.86K

Strike price

Held after

1.86K

Exercisable

—

3/2/2026

RESTRICTED SHARE UNIT (2028)

Direct

M · Option Exercise

Converts to

Common Stock

758.00 shares

−758.00

Strike price

Held after

1.51K

Exercisable

—

3/2/2026

RESTRICTED SHARE UNIT (2027)

Direct

M · Option Exercise

Converts to

Common Stock

602.00 shares

−602.00

Strike price

Held after

602.00

Exercisable

—

3/2/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
RESTRICTED SHARE UNIT (2029) Direct	Common Stock1.86K shares	3/2/2026	A · Award	+1.86K	—	1.86K
RESTRICTED SHARE UNIT (2028) Direct	Common Stock758.00 shares	3/2/2026	M · Option Exercise	−758.00	—	1.51K
RESTRICTED SHARE UNIT (2027) Direct	Common Stock602.00 shares	3/2/2026	M · Option Exercise	−602.00	—	602.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)1

RESTRICTED SHARE UNIT (2026)

Direct

Underlying security

Common Stock

Underlying shares

1.94K

Shares owned

1.94K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

1.94K

Owned

1.94K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
RESTRICTED SHARE UNIT (2026) Direct	Common Stock		—	—	1.94K	1.94K
Total					1.94K	1.94K