MGP Ingredients trust sells 27,731 shares
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
MGP Ingredients Inc. (MGPI) reported that the Lux Children Irrevocable Trust, for which Leslie Lux serves as sole trustee and a member of a 10% holder group, sold 27,731 shares of common stock on September 16, 2026 at a weighted average price of $14.4026 per share in transactions ranging from $14.31 to $14.55. The shares were held indirectly by the trust, which now holds 0 shares; Leslie Lux may be deemed to have had sole voting and dispositive power over those shares and disclaims beneficial ownership except to the extent of her pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 27,731 | $14.4026 | $399K |
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.31 per share to $14.55 per share, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
- F2. The shares in these transactions were sold by the Lux Children Irrevocable Trust dated 5/24/2012, Leslie Lux sole Trustee ("Lux Children Trust"). Following the completion of these sales, 0 shares beneficially owned by the Lux Children Trust are included in the aggregate indirect ownership of the reporting person. Leslie Lux may be deemed to have held sole voting and dispositive power with respect to all of the shares owned by the Lux Children Trust.
Key Figures
Key Terms
weighted average price financial
pecuniary interest financial
sole voting and dispositive power financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction in MGPI is reported in this Form 4?
Who is the reporting person in this MGPI Form 4 and what is their role?
Was the MGPI insider sale made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.