Form 4: Andersons Inc. Executive William E. Krueger Reports Changes in Beneficial Ownership
SEC Filing (Form 4)
William E. Krueger, Chief Operating Officer of Andersons Inc., filed a Form 4 disclosing transactions involving common stock and restricted share units.
Summary
- On March 1, 2024, William E. Krueger, Chief Operating Officer of Andersons Inc., reported changes in beneficial ownership of the company's securities.
- The transactions included the acquisition of common stock through the vesting of restricted share units and shares in lieu of cash dividend.
- Shares were also withheld to cover tax liability.
- Krueger directly owns 18,931.2 shares of common stock and indirectly owns 515,539 shares through a beneficiary trust.
- He also holds 14,305 restricted share units (2027), 12,309 restricted share units (2026), and 2,378 restricted share units (2025).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| May 25, 2023 | William E. Krueger signed a Limited Power of Attorney. |
| March 2, 2022 | Restricted share units were granted as part of the Issuer's annual equity grant, vesting over three years. |
| March 1, 2023 | Restricted share units were granted as part of the Issuer's annual equity grant, vesting over three years. |
| March 1, 2024 | Transactions involving common stock and restricted share units occurred; restricted share units were granted as part of the Issuer's annual equity grant, vesting over three years. |
| March 5, 2024 | Form 4 filing date. |
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