Director David R. Heppner filed a Form 4 with the SEC on August 26, 2026, reporting the acquisition of 37 shares of Andersons, Inc. common stock on August 24, 2026, issued in lieu of all or part of his Board of Directors retainer.

Key Highlights

  • Reporting person: David R. Heppner, identified as a Director of Andersons, Inc. (NASDAQ:ANDE)
  • Transaction date: August 24, 2026
  • Shares acquired: 37 shares of common stock, with a transaction code of "A" (Acquired)
  • Price per share: $0, as the shares were issued in lieu of all or part of the Board of Directors retainer
  • Beneficial ownership following transaction: 514 shares held directly
  • Filing date: August 26, 2026, signed by Melissa Trippel under Limited Power of Attorney

Heppner Receives Retainer Shares in Lieu of Cash at Andersons

According to the filing, David R. Heppner, a director of Andersons, Inc. (NASDAQ:ANDE), acquired 37 shares of the company's common stock on August 24, 2026. The filing notes that the shares were "issued in lieu of all or part of Board of Director's retainer," meaning no cash was paid by Heppner; the reported price per share is $0.

Following this transaction, the filing discloses that Heppner beneficially owns 514 shares of Andersons common stock, held directly. The Form 4 covers only non-derivative securities; no derivative security transactions were reported in Table II of the filing.

The form was filed on August 26, 2026, and was signed by Melissa Trippel acting under a Limited Power of Attorney on behalf of David R. Heppner. The filing was made by one reporting person and is not an amendment to a prior Form 4.

What Was Disclosed

The filing disclosed a single acquisition of 37 shares of Andersons, Inc. common stock by Director David R. Heppner at $0 per share, issued as board retainer compensation, bringing his total direct beneficial ownership to 514 shares as of August 24, 2026.