Golden Growers Cooperative director David J. Kragnes reported gifting membership units of the cooperative. On December 31, 2025, he transferred 12,000 membership units as a gift at a reported price of $0 per unit, leaving him with 73,500 membership units held directly. On the same date, he also reported a separate gift of 4,000 membership units at $0 per unit, which are held indirectly "By Spouse", with 5,000 membership units beneficially owned following the transaction in that indirect account. The filing classifies him as a director of Golden Growers Cooperative and is filed as a Form 4 for one reporting person.
Golden Growers Cooperative (GGROU) reported Q3 results and outlined progress on its wind‑down plan. Net income was $1.406 million for the quarter and $4.492 million year to date. EPS was $0.09 for Q3 and $0.29 for the nine months, on 15,490,480 units outstanding.
Corn revenue was $12.321 million in Q3 and $48.631 million year to date, with matching corn expense largely offsetting revenue by design. Income from the Cooperative’s 50% stake in ProGold LLC contributed $1.495 million in Q3 and $4.845 million year to date. Cash was $2.043 million and working capital $4.222 million as of September 30, 2025; the $2.0 million credit line had no balance.
Members received three distributions of $3,562,810 each ($0.23 per unit) on February 21, June 25, and October 15, 2025. Members approved a Plan of Liquidation and Dissolution, including the sale of the Cooperative’s 50% ProGold interest to Cargill within 30 days after the facility lease expires on December 31, 2026, with proceeds to be distributed to members.
Glenn Harold Johnson, a director of Golden Growers Cooperative (GGROU), reported on Form 4 that he purchased 45,000 membership units on 10/01/2025 at a price of $5 per unit. After the purchase he beneficially owned 95,703 membership units in a direct ownership capacity. The Form 4 was signed and filed on 10/03/2025. The filing shows a director increasing personal stake in the cooperative through an open-market or private purchase recorded as a non-derivative transaction coded P.
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.
Golden Growers Cooperative amended its annual report to include auditor opinions and updated certifications and disclosed material plans tied to its ProGold investment. The cooperative reports 15,490,480 membership units outstanding and audited net income of $6,041,000 for 2024. The board and Cargill agreed Cargill will purchase Golden Growers' 50% interest in ProGold for $81,000,000 within 30 days after the Facility Lease expires (lease term through December 31, 2026). In January 2025 the cooperative declared a distribution of $3,562,810 ($0.23 per unit) and the board approved submitting a Plan of Liquidation and Dissolution to members for approval at the 2025 meeting. Audits for 2023 and 2024 are unqualified. Financial statements and iXBRL tags are filed with the amendment.