MGP Ingredients trust to sell 60,731 shares

A 10% owner affiliated trust updates its Rule 144 notice to cover 60,731 MGPI shares, including 27,731 shares held by a related children’s trust.

Rhea-AI Filing Summary

MGP INGREDIENTS INC (MGPI) is the issuer for a Form 144/A amendment reporting planned sales of its common stock by the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux, with Paul S. Lux as sole investment trustee. The notice covers a total of 60,731 shares, including 33,000 shares already sold and 27,731 shares held by the Lux Children Irrevocable Trust dated May 24, 2012. The seller is identified as a 10% owner, and Charles Schwab Corporation is listed as the broker, with the shares expected to trade on the NYSE.

The trust reports that the shares were originally founder shares that were merged into MGPI on April 1, 2021. The amendment updates the original notice filed on August 17, 2026 to add the 27,731 Lux Children Trust shares that were inadvertently omitted, bringing the total amount of MGPI common stock subject to the notice to 60,731 shares as of the notice date of September 15, 2026.

Key Figures

Total shares covered by notice: 60,731 shares Shares already sold: 33,000 shares Gross proceeds from prior sale: $586,222 +5 more

8 metrics

Total shares covered by notice 60,731 shares Common stock of MGPI subject to this Form 144/A amendment

Shares already sold 33,000 shares MGPI common shares sold on August 20, 2026

Gross proceeds from prior sale $586,222 Proceeds from 33,000 MGPI shares sold during the past 3 months

Shares yet to be sold 27,731 shares MGPI shares held by Lux Children Irrevocable Trust to be sold

Aggregate market value of shares covered $896,390 Aggregate market value of 60,731 MGPI shares covered by the notice

Shares outstanding 21,414,076 shares MGPI common shares outstanding in the securities information section; baseline figure

Approximate sale date September 15, 2026 Approximate date of sale listed for the covered MGPI shares

Date of notice September 15, 2026 Date the Form 144/A amendment notice is signed

Key Terms

Rule 144, 10% Owner, aggregate market value, founder shares, +2 more

6 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

10% Owner financial

"In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. 10% Owner"

aggregate market value financial

"COMMON | Charles Schwab Corporation... | 60731 | 896390 | 21414076 | 09/15/2026 | NYSE"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

founder shares financial

"Remarks | Shares were originally founder shares, that were then merged into MGPI on 04/01/2021."

Founder shares are the ownership stakes given to the people who start a company, often with extra voting power or protections compared with ordinary shares. For investors, they matter because founders’ control and incentives influence decisions about strategy, hiring, and whether the company sells or stays independent — like a family that keeps majority voting rights in a household decision. High founder ownership can mean stable leadership but also a risk that outside shareholders have less influence.

Merger financial

"COMMON | 04/01/2021 | Merger | Issuer | | | 27731 | 04/01/2021 | Other"

A merger is when two companies combine into a single business, with ownership and control reorganized so they operate as one entity. For investors it matters because mergers can change the value and risk of holdings—shares may be exchanged, diluted, or rise if the combined company saves costs or gains market power, and the deal often depends on regulatory approval and successful integration like two households joining resources and routines.

Irrevocable Trust financial

"Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated September 16, 2005"

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

FAQ

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

How many MGPI shares are covered by this amended Form 144/A notice?

The amended notice covers a total of 60,731 shares of MGPI common stock. This includes 33,000 shares already sold and 27,731 shares that are to be sold by the Lux Children Irrevocable Trust.

Who is the selling security holder in this MGPI (MGPI) Form 144/A amendment?

The selling security holder is the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux, with Paul S. Lux as sole investment trustee. The amendment also references shares held by the Lux Children Irrevocable Trust dated May 24, 2012.

How many MGPI shares were already sold before this Form 144/A amendment?

The trust reports that 33,000 shares of MGPI common stock were sold on August 20, 2026, with gross proceeds of $586,222, as shown in the Securities Sold During The Past 3 Months section.

How many MGPI shares remain to be sold under this Form 144/A amendment?

The amendment indicates that 27,731 shares of MGPI common stock, held by the Lux Children Irrevocable Trust, are yet to be sold. These shares were originally founder shares that were merged into MGPI on April 1, 2021.

What is the aggregate market value of MGPI shares covered by this Form 144/A amendment?

The notice lists an aggregate market value of $896,390 for the 60,731 shares of MGPI common stock covered, with 21,414,076 shares of MGPI common stock outstanding as of the notice data row.

Is the selling holder in this MGPI Form 144/A amendment considered an affiliate or large holder?

The notice identifies the selling holder as a 10% Owner, indicating a significant ownership position in MGPI common stock, and the sales are being reported under Rule 144.

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

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Available on EDGAR 09/15/2026 - 10:25 AM Accepted by SEC EDGAR 09/15/2026 - 10:25 AM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144/A

144/A: Filer Information

Filer CIK	0001854210
Filer CCC	XXXXXXXX
Previous Accession Number Of The Filing	0001140361-26-033350
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144/A: Issuer Information

Name of Issuer	MGP INGREDIENTS INC
SEC File Number	000-17196
Address of Issuer	100 Commercial Street Atchison KANSAS 66002
Phone	913-367-1480
Name of Person for Whose Account the Securities are To Be Sold	Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated September 16, 2005, Paul S. Lux, Sole Investment Trustee
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	10% Owner

144/A: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	Charles Schwab Corporation 3000 Schwab Way Westlake TX 76262	60731	896390	21414076	09/15/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
COMMON	04/01/2021	Merger	Issuer			27731	04/01/2021	Other

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dtd 9/16/2005, Paul S. Lux, Sole Investmt. Trustee c/o Chris Erblich, Esq. 5060 North 40th Street, Suite 250 Phoenix AZ 85018	COMMON	08/20/2026	33000	586222

144/A: Remarks and Signature

Remarks	Shares were originally founder shares, that were then merged into MGPI on 04/01/2021. This Amendment No. 1 to the Form 144 is being filed to update the amount of securities to be sold as reported in the original Form 144, which was filed on 08/17/2026, to include 27,731 shares inadvertently omitted from the original Form 144, which shares are held by the Lux Children Irrevocable Trust dated May 24, 2012 (the "Lux Children Trust"), as to which Leslie Lux, wife of Paul S. Lux, serves as Trustee, and as to which the Lux Children Trust is also filing a separate Form 144. The 33,000 shares reported as to be sold under the original Form 144 have since been sold, as reflected in the Securities Sold During The Past 3 Months section. The total of 60,731 shares to be sold as shown on this Amendment No. 1 includes both the 33,000 shares sold since the date of the original Form 144 and the 27,731 shares yet to be sold by the Lux Children Trust.
Date of Notice	09/15/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Paul S. Lux, Sole Investment Trustee
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)