Form 4: Andersons Inc. Director John T. Stout Jr. Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director John T. Stout Jr. reports transactions involving Andersons, Inc. common stock and restricted share units.
Summary
- On May 9, 2024, John T. Stout Jr., a director of Andersons, Inc., acquired 3,074 shares of common stock and 2,270 restricted share units.
- These shares were acquired at a price of $0.
- Stout also acquired 44.81 shares in lieu of a cash dividend.
- A previous transaction on April 22, 2024, involved the reinvestment of a dividend, resulting in the acquisition of 1.7307 shares at $58.68.
- Following these transactions, Stout directly owns 43,598.7532 shares of common stock and indirectly owns 4,219 shares held in trust.
- He also directly owns 2,270 restricted share units (2025) and 0 restricted share units (2024).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Positives
- The acquisition of shares and restricted share units by a director could be interpreted as a positive signal, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't provide specific insights into broader industry trends.
Stakeholder Impact
- Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| August 16, 2023 | Date of execution for the Limited Power of Attorney. |
| April 22, 2024 | Date of transaction involving dividend reinvestment. |
| May 09, 2024 | Date of transactions involving acquisition of common stock and restricted share units. |
| May 13, 2024 | Date of signature for the report. |
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