Andersons, Inc.: insider trades · United States · SEC (Form 4)

About Andersons, Inc.

Andersons, Inc. (ticker: ANDE) is a U.S.-listed company trading on the Nasdaq Global Select Market in the United States. From an international equity perspective, it is best understood as a diversified North American agriculture and renewable fuels company headquartered in Maumee, Ohio. Founded in 1947, The Andersons has built its franchise around agricultural merchandising, logistics, ethanol and related renewable fuels activities, as well as agricultural and industrial nutrients. Its long operating history and broad footprint give it a distinctive position in the North American grain and biofuels supply chain. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000821026/000082102625000089/ande20241231annualreport.pdf?utm_source=openai)) The company has historically reported three business segments — Trade, Renewables, and Nutrient & Industrial — but it realigned its operating structure beginning January 1, 2025. Under the new framework, Andersons now presents two primary segments, Agribusiness and Renewables, with certain smaller business lines moved between them. This reorganization appears designed to simplify reporting and better reflect the way management runs the business and allocates capital across the portfolio. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000821026/000082102626000010/ande-20251231.htm?utm_source=openai)) Agribusiness is the core commercial platform. It includes merchandising and logistics for whole grains, grain products, feed ingredients and domestic fuel products, along with related supply-chain services. The segment is sensitive to commodity spreads, basis, storage economics and transportation conditions, which makes it inherently cyclical but also capable of producing attractive results when market volatility and merchandising opportunities are favorable. Renewables centers on fuel ethanol and the broader renewable-fuels value chain, including plant operations, merchandising and by-product monetization. Together, these businesses give Andersons exposure to both traditional agriculture and lower-carbon fuel markets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000821026/000082102625000089/ande20241231annualreport.pdf?utm_source=openai)) Competitive positioning is a key part of the story. Andersons is not a mega-cap global trader, but it benefits from a strong regional network of facilities, customer relationships and logistics capabilities that help it move physical commodities efficiently across North America. As of year-end 2024, the company employed 2,299 people and operated across locations in the United States, Canada and several additional countries, underscoring the geographic breadth of its operating base. That footprint supports both merchandising and supply-chain execution. ([sec.gov](https://www.sec.gov/Archives/edgar/data/821026/000082102625000050/ande-20241231.htm?utm_source=openai)) Recent corporate developments reinforce the company’s strategic ambition. In December 2025, management presented a growth plan targeting a $7.00 run-rate EPS exiting 2028, implying a strong multi-year earnings trajectory if execution and market conditions cooperate. The company also highlights a long record of quarterly dividends, which it has paid continuously since its first year of trading in 1996. For investors following SEC Form 4 insider transactions, ANDE combines a cyclical agricultural profile with renewable-fuels leverage, disciplined capital allocation and a business model anchored in the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/821026/000082102625000217/investordaypressrelease.htm?utm_source=openai))