Form 4: Andersons Inc. Executive Christine Castellano Reports Stock Transactions

Christine M. Castellano, EVP, Gen Counsel & Corp Sec of Andersons, Inc., reports transactions involving common stock and performance share units.

Summary

• On February 10, 2025, Christine M. Castellano reported transactions related to Andersons, Inc. common stock.
• These transactions included the vesting of performance share units (PSUs) and the withholding of shares to cover tax liabilities.
• Specifically, 1,970 and 4,282 performance share units (PSUs) vested and converted to common stock.
• Additionally, 346.3 shares were acquired as a dividend equivalent.
• 2,177 shares were disposed of to cover tax liability at a price of $40.74 per share.
• Following these transactions, Castellano beneficially owns 37,456.23 shares of Andersons, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The performance share units (PSUs) represent the right to receive common stock following a 3-year performance period, contingent on total shareholder return and cumulative EPS.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Key Dates

Keywords

Form 4, Beneficial Ownership, Andersons Inc., ANDE, Christine M. Castellano, Performance Share Units, Stock Options, Securities Exchange Act, SEC