Form 4: Andersons Inc. Executive Sarah Zibbel Reports Stock Transactions
SEC Form 4 Filing
EVP & Chief HR Officer of Andersons, Inc., Sarah Zibbel, reports the vesting of restricted share units and shares withheld for tax liability.
Summary
- On September 3, 2024, Sarah Zibbel, EVP & Chief HR Officer of Andersons, Inc., reported transactions involving the company's common stock.
- These transactions included the vesting of 1,945 restricted share units, the withholding of 604 shares to cover tax liability at a price of $55.28, and the acquisition of 28.81 shares in lieu of a cash dividend.
- Following these transactions, Zibbel directly owns 1,369.81 shares of Andersons, Inc. common stock and 3,889 restricted share units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the transactions of company executives and directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership of the reporting person.
Key Dates
| Date | Description |
|---|---|
| 08/08/2023 | Date of execution of Limited Power of Attorney. |
| 09/01/2023 | Restricted share units were granted as part of the Issuer's annual equity grant. |
| 09/03/2024 | Date of stock transactions: vesting of restricted share units, shares withheld for tax liability, and acquisition of shares in lieu of cash dividend. |
| 09/05/2024 | Date of signature on the Form 4 filing. |
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