Hoelter Michael T.

Hoelter Michael T., VP, Corporate Controller & IR, has demonstrated a consistent pattern of selling activity in shares of Andersons Inc. (ANDE) based on SEC Form 4 filings. Over 34 reported transactions, he has recorded no purchases, with total sales exceeding $211,000. The transactions appear structured, with notable dispositions occurring in February and March across multiple years. On March 2, 2026, Hoelter sold shares worth $27,356, following a larger sale of $55,564 on February 11 of the same year. Similar patterns emerged in prior years, including a $20,492 sale on March 3, 2025, and combined February 2025 sales totaling $26,074. The filings indicate that Hoelter’s transactions are primarily tied to stock awards (code "A") and dispositions to cover tax obligations (code "F"), with no open-market purchases. The absence of buy activity and repeated sales suggest a focus on liquidating equity compensation rather than accumulating shares. While the dollar amounts are modest relative to executive-level holdings, the consistency of the disposals—particularly in early Q1 of each year—points to a recurring, plan-driven approach rather than discretionary trading. All activity is concentrated in ANDE, reflecting his long-term affiliation with the company. No recent transactions suggest a pause in disposals, though historical data indicates a pattern of annual sales.