Form 8-K
8-K — Andersons, Inc.
Accession: 0000821026-26-000104
Filed: 2026-06-18
Period: 2026-06-18
CIK: 0000821026
SIC: 5150 (WHOLESALE-FARM PRODUCT RAW MATERIALS)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
Documents
8-K — ande-20260618.htm (Primary)
EX-99.1 (a061826pressrelease.htm)
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8-K
8-K (Primary)
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ande-20260618
June 18, 20260000821026false00008210262026-06-182026-06-18
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________________
FORM 8-K
______________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): June 18, 2026
__________________________________________
The Andersons, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Ohio 000-20557 34-1562374
(State of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.)
1947 Briarfield Boulevard
Maumee, Ohio 43537
(Address of principal executive offices) (Zip Code)
(419) 893-5050
(Registrant’s telephone number, including area code)
__________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[☐] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[☐] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[☐] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[☐] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
__________________________________________
Securities registered pursuant to Section 12(b) of the Act:
Title of each class: Trading Symbol Name of each exchange on which registered:
Common stock, $0.00 par value, $0.01 stated value ANDE The NASDAQ Stock Market LLC
__________________________________________
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
[☐] Emerging growth company
[☐] If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 18, 2026, the Board of Directors of The Andersons, Inc. (the "Company") elected David R. Heppner as a new director, effective June 18, 2026, for an initial term ending at the Company’s 2027 Annual Meeting of Stockholders or until his earlier resignation or removal.
Mr. Heppner will receive compensation in the same manner as the Company’s other non-employee directors previously disclosed in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on March 11, 2026.
There is no arrangement or understanding between Mr. Heppner and any other persons pursuant to which he was selected as a director. Mr. Heppner has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Mr. Heppner and the Company will enter into the standard Company director indemnification agreement, whereby the Company agrees to indemnify, defend and hold its directors harmless from and against losses and expenses incurred as a result of their board service, subject to the terms and conditions provided in the agreement.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
Exhibit No. Description
99.1
Press Release, Dated June 18, 2026
104 Inline XBRL for the cover page of this Current Report on Form 8-K
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
The Andersons, Inc.
June 18, 2026 By: /s/ Emmanuel N. Ayuk
Emmanuel N. Ayuk
Executive Vice President, General Counsel, and Corporate Secretary
EX-99.1
EX-99.1
Filename: a061826pressrelease.htm · Sequence: 2
Document
Exhibit 99.1
NEWS RELEASE
Contact:
Mike Hoelter
Vice President, Corporate Controller and Investor Relations
Phone: 419-897-6715
E-mail: investorrelations@andersonsinc.com
The Andersons, Inc. Names David R. Heppner to Board of Directors
MAUMEE, OHIO, June 18, 2026 – The Andersons, Inc. (Nasdaq: ANDE) has named David R. Heppner to the company’s board of directors, effective June 18, 2026.
Mr. Heppner is chief strategy officer and senior vice president, business development at Marathon Petroleum Corporation, a leading, integrated downstream energy company. He also serves as senior vice president at MPLX GP LLC.
Mr. Heppner brings nearly four decades of experience spanning engineering, operations, and commercial leadership. Since joining Marathon in 1988, he has held roles of increasing responsibility across engineering, project management, and business development, including senior leadership positions at Speedway, where he served as vice president of operations and senior vice president of engineering services and corporate support.
He later served as vice president of commercial and business development and was named senior vice president of strategy and business development in 2021, before assuming his current role in 2024.
Mr. Heppner is actively involved in community and industry organizations. He serves on the Board of Trustees at Ohio Northern University. His prior service includes leadership roles with Habitat for Humanity, the United Way, Boy Scouts of America, and the March of Dimes, as well as board roles with Dayton Children’s Hospital Foundation and other organizations.
“Dave brings deep experience in strategy, operations, and business development that aligns well with our focus on disciplined growth and portfolio optimization,” said Chairman Pat Bowe. “We look forward to his contributions as we continue to strengthen our core businesses and deliver long-term value for our stakeholders.”
About The Andersons, Inc.
The Andersons, Inc., is a North American agriculture company that conducts business in the agribusiness and renewables sectors. Guided by its Statement of Principles, The Andersons is committed to providing extraordinary service to its customers, helping its employees improve, supporting its communities, and increasing the value of the company. For more information, please visit www.andersonsinc.com.
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Jun. 18, 2026
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Entity Tax Identification Number
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