Director Chris Johnson acquires 16,000 GGROU membership units

Rhea-AI Filing Summary

Chris A. Johnson, a director of Golden Growers Cooperative (GGROU), reported transactions dated 10/01/2025 on Form 4. The filing shows acquisitions of membership units: 6,000 units acquired at $5 and 10,000 units acquired at $5. The schedule discloses indirect holdings including 10,000 units held by a spouse and 41,000 units held indirectly by C and S Farms following the reported transactions. A separate line shows a direct holding of 10,000 membership units following the reported activity. The form notes the reporting person is the President of C&S Farms and is signed on 10/03/2025.

Insights

Insider Transactions Analyst

Insider acquired a total of 16,000 membership units at $5 on 10/01/2025.

The Form 4 records two purchases on 10/01/2025: 6,000 units and 10,000 units, each priced at $5. The filing shows the reporter holds both direct and indirect positions after these transactions.

This matters because Form 4s disclose timely insider activity and ownership structure; the filing also clarifies an indirect ownership vehicle (C and S Farms) and spousal holdings, which affect total beneficial ownership calculations.

Corporate Governance Expert

Director-level insider disclosed purchases and clarified indirect ownership via C and S Farms.

The filing explicitly states the reporting person is a Director and the President of C&S Farms, and it reports indirect holdings of 41,000 units post-transaction as well as spousal indirect holdings of 10,000 units.

Clear identification of roles and indirect ownership is important for transparency around voting and control; the form meets Section 16 disclosure requirements and is signed on 10/03/2025.

Insider Trade Summary

Net Buyer: 16,000 shares ($80,000)

Net Buy 3 txns

Insider Johnson Chris A

Role Director

Bought 16,000 shs ($80K)

Type	Security	Shares	Price	Value
Purchase	Membership Units	6,000	$5.00	$30K
Purchase	Membership Units	10,000	$5.00	$50K
holding	Membership Units	--	--	--

Holdings After Transaction: Membership Units — 41,000 shares (Indirect, by C and S Farms); Membership Units — 10,000 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Johnson Chris A

(Last) (First) (Middle)

1002 MAIN AVENUE W

SUITE 5

(Street)

WEST FARGO ND 58078

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Golden Growers Cooperative [ GGROU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Membership Units								10,000	I	by Spouse
Membership Units	10/01/2025		P		6,000	A	$5	41,000	I	by C and S Farms(1)
Membership Units	10/01/2025		P		10,000	A	$5	10,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person is the President of C&S Farms.

	/s/ Chris A. Johnson	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did the GGROU Form 4 report on 10/01/2025?

The Form 4 reports acquisitions of 6,000 and 10,000 membership units, each at $5, dated 10/01/2025.

How many membership units does Chris A. Johnson beneficially own after the reported transactions?

The filing shows indirect holdings of 41,000 units by C and S Farms, spousal indirect holdings of 10,000, and a reported direct holding of 10,000 units following the transactions.

What is Chris A. Johnson's role at Golden Growers Cooperative?

The Form 4 indicates Chris A. Johnson is a Director of Golden Growers Cooperative and the reporting person is the President of C&S Farms.

When was the Form 4 signed?

The signature on the Form 4 is dated 10/03/2025.

What price was paid for the membership units reported on Form 4?

Each reported acquisition was priced at $5 per membership unit.