MGP Ingredients reported that President and CEO Julie Maria Francis acquired 58,674 performance stock units of common stock at no cost through an equity award. The company’s compensation committee certified achievement of the award’s performance goals on February 23, 2026.
The award is still subject to time-based vesting and will fully vest on August 4, 2028. After this grant, Francis directly holds 79,261 common share equivalents, including 20,587 restricted stock units and the 58,674 performance stock units from this award.
Gall Brandon reported acquisition or exercise transactions in this Form 4 filing.
MGP Ingredients CFO Brandon Gall received an equity award in the form of 13,687 performance stock units of common stock at no cash cost. The company’s committee certified the achievement of the award’s performance goals on February 23, 2026, and the units remain subject to time-based vesting.
The performance stock units will vest on February 20, 2028 if the service-based condition is met. After this grant, Gall’s directly held common stock equivalents total 65,299 shares, including 20,189 restricted stock units and the 13,687 performance stock units from this award.
Molamphy Kathleen Susan reported acquisition or exercise transactions in this Form 4 filing.
MGP Ingredients' Chief Legal and HR Officer Kathleen Susan Molamphy received an equity award in the form of 5,609 performance stock units. These units were granted at no cash cost per unit after the compensation committee certified that the performance goals for the award were achieved on February 23, 2026.
The award remains subject to a time-based vesting requirement and is scheduled to vest on February 20, 2028. Following this grant, Molamphy's directly held equity consists of 12,922 units of common stock-based awards, including 7,313 restricted stock units and the 5,609 performance stock units tied to this certification.
MGP Ingredients Inc executive Kathleen Susan Molamphy, the Chief Legal and HR Officer, filed an initial insider ownership report. The filing shows she beneficially owns 7,313 restricted stock units that represent shares of the company’s common stock. This is a Form 3, which establishes her starting equity position as a reporting insider rather than reflecting a new stock purchase or sale.
MGP Ingredients, Inc. files a Post-Effective Amendment converting its Form S-3 shelf to a non-automatic resale prospectus registering up to 4,585,970 shares of common stock for resale by selling stockholders.
The prospectus states the company will not receive proceeds from these sales and that sales may occur from time to time after the effective date. It discloses 21,363,225 shares outstanding as of February 20, 2026 and a reported market price of $25.55 per share on February 19, 2026.
MGP Ingredients is a Kansas-based producer of branded and distilled spirits and specialty wheat-based food ingredients. It operates three segments: Branded Spirits, Distilling Solutions, and Ingredient Solutions, selling premium bourbons, rye, tequila, neutral spirits, and specialty starches and proteins worldwide.
The company’s market value held by non‑affiliates was about $423 million as of June 30, 2025, with 21,363,225 common shares outstanding as of February 20, 2026. Customer concentration is meaningful, with single customers in Branded Spirits and Ingredient Solutions accounting for 16% and 14% of consolidated sales, respectively.
MGP employs 617 people, including unionized workers under three collective bargaining agreements, and highlights competitive pressures, shifting consumer preferences (including health and wellness and GLP‑1 trends), regulatory and excise tax exposure, climate and water risks, cybersecurity threats, and a dual‑class capital structure in which preferred holders control a majority of board seats as key risks.
MGP Ingredients reported weak fourth-quarter and full-year 2025 results driven by a large non-cash impairment and sharp volume declines in whiskey and ingredients. Full-year sales fell 24% to $536.4M, while gross profit dropped 30% to $199.4M and adjusted EBITDA declined 41% to $116.0M.
The company recorded a $152.6M goodwill and intangible impairment in Branded Spirits, pushing 2025 net income to a loss of $107.8M and basic EPS to $4.99 loss, though adjusted EPS was $2.85. Distilling Solutions revenue fell 45% as customers reduced brown-goods purchases, and Ingredient Solutions margins were hurt by equipment outages and higher waste costs.
Despite lower earnings, operating cash flow reached a record $121.5M, net debt leverage was 2.0x, and capex was cut 56% to $31.9M. For 2026, MGP guides sales to $480–$500M, adjusted EBITDA to $90–$98M, adjusted EPS to $1.50–$1.80, and capex around $20M.
MGP Ingredients, Inc. filed a post-effective amendment registering 4,585,970 shares of its common stock for resale. The filing adds a resale prospectus to the Form S-3ASR to cover up to 4,585,970 shares held by former HoldCo stockholders in connection with the 2021 Merger.
The prospectus states the Company will not receive proceeds from these sales and that the selling stockholders may sell on Nasdaq or in negotiated transactions. Examples shown include Luxco 2017 Irrevocable Trust 1,513,771 and Ann S. Lux 2005 Irrevocable Trust FBO Donn S. Lux 771,688. Shares outstanding were 21,363,225 as of February 20, 2026.
MGP Ingredients CFO Brandon Gall reported a tax-related share disposition. On the reported date, he disposed of 598 shares of common stock at $25.93 per share in a transaction coded as a tax-withholding disposition. After this transaction, he directly owned 51,612 equity-linked interests, consisting of 31,423 shares of common stock and 20,189 restricted stock units, as noted in the footnote.
MGP Ingredients Inc. Chief Human Resources Officer Erika Lapish reported a tax-related share disposition. On February 20, 2026, she disposed of 241 shares of common stock at $25.93 per share to satisfy tax withholding obligations, a non-open-market transaction coded as a tax-withholding disposition. After this, she directly holds 9,121 shares, which the footnote states represent 6,131 common shares and 2,990 restricted stock units, and she also reports 550 shares held indirectly by her husband.