MGP Ingredients President & CEO Julie Maria Francis reported that 1,994 shares of common stock were withheld on 2026-08-04 at $17.11 per share as payment of exercise price or tax liability related to equity awards. After this, she directly holds 107,836 shares, including 44,294 RSUs and 58,674 PSUs subject to time-based vesting.
BlackRock, Inc. reported a passive ownership stake in MGP Ingredients, Inc. common stock on a Schedule 13G. BlackRock reported beneficial ownership of 1,108,095 shares, representing 5.2% of the outstanding common stock. Of these, 1,089,572 shares carry sole voting power and all 1,108,095 shares are subject to BlackRock’s sole dispositive power, with no shared voting or dispositive authority reported.
The filing notes that the reported position aggregates holdings of certain BlackRock business units that are treated as a single reporting group, excluding other units whose ownership is disaggregated under SEC guidance. Various underlying clients have rights to dividends or sale proceeds, but no single client exceeds five percent of MGP Ingredients’ outstanding common shares.
MGP Ingredients, Inc. reported second quarter 2026 results with consolidated sales of $124.4 million and net income of $12.0 million, or $0.55 per basic share. Sales and gross profit fell 15% and 20% year over year, mainly from a 59% decline in brown goods sales within Distilling Solutions.
Adjusted net income was $15.8 million, adjusted basic EPS $0.72, and adjusted EBITDA $27.6 million, down 23% versus 2025 but ahead of management expectations. Branded Spirits held roughly flat sales with higher premium-plus growth and slightly improved gross margin, while Ingredient Solutions grew sales 2% but saw gross margin drop to 10.1% from 21.7% on higher waste starch costs.
The company reaffirmed its 2026 outlook for sales of $480–$500 million, adjusted EBITDA of $90–$98 million, and adjusted basic EPS of $1.50–$1.80, and expects about $20 million of capital expenditures and a ~23% effective tax rate. The board declared a quarterly dividend of $0.12 per share, payable August 28, 2026, and net debt leverage stood at 3.5x as of June 30, 2026.
Federated Hermes, Inc. amended a Schedule 13G/A to report shared beneficial voting and dispositive power over 980,092 shares of MGP Ingredients, Inc. common stock. The filing lists that amount as 4.59% of the class and references CUSIP 55303J106. The report includes a Rule 13d-4 disclaimer that Federated Hermes, the Voting Shares Irrevocable Trust and named individuals expressly disclaim beneficial ownership of securities held by managed funds. Signatures are dated 07/08/2026.
Roper Martin reported acquisition or exercise transactions in this Form 4 filing.
MGP Ingredients director Martin Roper received an award of 2,232 unrestricted shares of common stock, issued in lieu of a cash retainer for his board service. The shares are valued at $17.36 each. Following this grant, he directly holds 35,503 shares, including 3,180 restricted stock units.
MGP Ingredients Inc major shareholder Caroline Lux Kaplan reported two open-market sales of company common stock held indirectly through a trust. On May 26, 2026, the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan sold 30,000 shares at a weighted average price of $17.8225 per share. On May 27, 2026, the same trust sold another 30,000 shares at a weighted average price of $18.1791 per share, for total reported sales of 60,000 shares. Following these transactions, the trust beneficially owns 470,958 shares of MGP Ingredients common stock, over which Kaplan, as sole trustee, may be deemed to have sole voting and dispositive power.
Mingus Lori L.S. reported acquisition or exercise transactions in this Form 4 filing.
MGP Ingredients Inc. director Lori L.S. Mingus received an annual award of 5,801 shares of common stock, granted as unrestricted shares for her service as a director. These shares are held directly. The filing also shows separate indirect holdings of 26,796 shares held by a trust and 419 shares held by her husband.
Lowry Jennifer Elaine reported acquisition or exercise transactions in this Form 4 filing.
MGP Ingredients, Inc. director Jennifer Elaine Lowry received an annual equity award of 5,801 shares of common stock in connection with her board service. The shares were granted at $0.00 per share as compensation rather than a market purchase. Following this grant, she directly holds 11,894 common shares, which the disclosure notes include 2,812 restricted stock units.