Golden Growers director gifts 10,000 membership units

The director's reported direct membership-unit position is zero after the gift, while indirect holdings through two entities are also listed.

Rhea-AI Filing Summary

Golden Growers Cooperative director Nicolas A. Pyle gifted 10,000 membership units on October 1, 2026, in equal amounts to his three children, who hold them as tenants-in-common. His directly held position was 0 units following the transfer; the reported indirect position held by his children was 10,000 units, and Pyle disclaims beneficial ownership of their units. Separate reported indirect positions include 40,000 units held by McIntyre Farms and 10,000 units by HarMar LLC. Pyle is a 25% owner of the entity that owns the McIntyre Farms securities and a 33% owner of the entity that owns the HarMar LLC securities.

Insider Trade Summary

20,000 shares gifted

Gift 4 txns

Insider Pyle Nicolas A

Role Director

Type	Security	Shares	Price	Value
Gift	Membership Units	10,000	$0.00	$0.00
Gift	Membership Units F3	10,000	$0.00	$0.00
holding	Membership Units F1	--	--	--
holding	Membership Units F2	--	--	--

Holdings After Transaction: Membership Units — 0 shares (Direct); Membership Units — 10,000 shares (Indirect, By Children as Tenants-in-Common); Membership Units — 40,000 shares (Indirect, By McIntyre Farms); Membership Units — 10,000 shares (Indirect, By HarMar LLC)

Footnotes (3)

1. F1. The reporting person is a 25% owner of the entity that owns the reported securities.
2. F2. The reporting person is a 33% owner of the entity that owns the reported securities.
3. F3. This transaction involved the reporting person’s gift of 10,000 membership units of the Issuer in equal amounts to his three children who will hold the membership units as tenants-in-common. The reporting person disclaims beneficial ownership of the securities held by his children, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Key Figures

Membership units gifted: 10,000 units Direct membership units: 0 units Children's indirect membership units: 10,000 units +4 more

7 metrics

Membership units gifted 10,000 units Gift to Pyle's three children on October 1, 2026

Direct membership units 0 units Reported position following the gift

Children's indirect membership units 10,000 units Reported position following the gift

McIntyre Farms indirect membership units 40,000 units Reported holding

HarMar LLC indirect membership units 10,000 units Reported holding

Ownership of entity holding McIntyre Farms securities 25% Pyle's reported ownership

Ownership of entity holding HarMar LLC securities 33% Pyle's reported ownership

Key Terms

tenants-in-common, beneficial ownership, Section 16

3 terms

tenants-in-common regulatory

"hold the membership units as tenants-in-common"

beneficial ownership regulatory

"disclaims beneficial ownership of the securities held by his children"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Section 16 regulatory

"for purposes of Section 16 or for any other purpose"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GGROU membership units did Nicolas A. Pyle gift?

Nicolas A. Pyle, a director of Golden Growers Cooperative, reported a gift of 10,000 membership units on October 1, 2026. The units went in equal amounts to his three children, who hold them as tenants-in-common; Pyle disclaims beneficial ownership of their units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 05:21 PM Accepted by SEC EDGAR 10/05/2026 - 05:21 PM Learn about SEC filing dates

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pyle Nicolas A

(Last) (First) (Middle)

112 ROBERTS STREET

SUITE 111

(Street)

FARGO NORTH DAKOTA 58102

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

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

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

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

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								40,000	I	By McIntyre Farms(1)
Membership Units								10,000	I	By HarMar LLC(2)
Membership Units	10/01/2026		G		10,000	D	$0.00	0	D
Membership Units	10/01/2026		G		10,000(3)	A	$0.00	10,000	I	By Children as Tenants-in-Common

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 a 25% owner of the entity that owns the reported securities.

2. The reporting person is a 33% owner of the entity that owns the reported securities.

3. This transaction involved the reporting person’s gift of 10,000 membership units of the Issuer in equal amounts to his three children who will hold the membership units as tenants-in-common. The reporting person disclaims beneficial ownership of the securities held by his children, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

	/s/ Nicholas A. Pyle	10/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)