Form 4: Andersons Inc. EVP Brian Valentine Reports Changes in Beneficial Ownership
SEC Filing
EVP and Chief Financial Officer of Andersons, Inc., Brian Valentine, reports transactions involving common stock and restricted share units.
Summary
- Brian Valentine, EVP & Chief Financial Officer of Andersons, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On March 3, 2025, Valentine acquired shares through the vesting of restricted share units and disposed of shares to cover tax liabilities.
- Specifically, 1,763, 2,843 and 2,968 shares were acquired through vesting of restricted share units.
- Additionally, 286.94 shares were acquired in lieu of a cash dividend.
- 2,308 shares were disposed of at $42.78 to cover tax liabilities.
- Following these transactions, Valentine directly owns 89,042.28 shares of Andersons, Inc. common stock.
- He also holds 6,814 Restricted Share Units (2028), 3,523 Restricted Share Units (2027), 2,842 Restricted Share Units (2026), and 0 Restricted Share Units (2025).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Positives
- The reporting person acquired shares in lieu of cash dividend, indicating confidence in the company's future performance.
Negatives
- The reporting person disposed of shares to cover tax liability, which could be interpreted as a need for liquidity.
Risks
- There are no specific risks mentioned in this document.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders and provides transparency regarding their holdings and transactions in the company's stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The information disclosed is consistent with regulatory requirements for reporting changes in beneficial ownership.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 5/25/2023 | Date of execution for the Limited Power of Attorney. |
| 03/01/2024 | Date of grant for the 2027 Restricted Share Units. |
| 03/03/2025 | Date of the transactions reported in the Form 4, including acquisitions and disposals of common stock and vesting of restricted share units. |
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