Form 4: Andersons Inc. Executive Brian K. Walz Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Brian K. Walz, VP & Treasurer of Andersons Inc., reports transactions involving common stock and performance share units on February 10, 2025.
Summary
- On February 10, 2025, Brian K. Walz, VP & Treasurer of Andersons Inc., reported changes in beneficial ownership of the company's securities.
- The transactions involved common stock and performance share units (PSUs).
- Walz acquired 762 shares and 1,656 shares of common stock through PSU conversions.
- He also acquired 133.93 shares as dividend equivalents.
- 911 shares were disposed of to cover tax liability at a price of $40.74.
- Following these transactions, Walz directly owns 17,121.791 shares of Andersons Inc. common stock.
- Some PSUs were cancelled due to vesting for fewer than allocated shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing transactions, so the sentiment is neutral.
Negatives
- 911 shares were disposed of to cover tax liability, reducing the total holdings.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| May 25, 2023 | Date of Limited Power of Attorney execution. |
| February 10, 2025 | Date of earliest transaction reported. |
| February 12, 2025 | Date of signature for the report. |
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