MGP Ingredients trust to sell 60.7K shares

Lux-related trusts disclose planned and recent Rule 144 sales of MGPI common stock, including a proposed 60,731-share sale.

Rhea-AI Filing Summary

MGP Ingredients Inc (MGPI) received a notice under Rule 144 that the Lux Children Irrevocable Trust dated May 24, 2012, for which Leslie Lux serves as trustee, plans to sell 60,731 shares of common stock through Charles Schwab Corporation.

The notice reports an aggregate market value of $896,390 for these shares, with 21,414,076 common shares outstanding. It also discloses that a related trust sold 33,000 common shares on August 20, 2026, for reported proceeds of $586,222, and notes that the shares originated as founder shares and were merged into MGPI on April 1, 2021.

Key Figures

Shares proposed to be sold: 60,731 shares Aggregate market value of proposed sale: $896,390 Shares outstanding: 21,414,076 shares +5 more

8 metrics

Shares proposed to be sold 60,731 shares Common stock to be sold under Rule 144 by Lux Children Irrevocable Trust

Aggregate market value of proposed sale $896,390 Reported for the 60,731 MGPI shares in the Rule 144 notice

Shares outstanding 21,414,076 shares MGPI common shares outstanding as referenced in the Rule 144 filing

Recent shares sold by related trust 33,000 shares MGPI common stock sold on August 20, 2026 by Ann S. Lux 2005 Irrevocable Trust

Proceeds from recent related sale $586,222 Reported for the 33,000 MGPI shares sold on August 20, 2026

Date of notice September 15, 2026 Notice date for proposed Lux Children Irrevocable Trust sale

Date shares merged into MGPI April 1, 2021 Founder shares were merged into MGPI on this date

Shares acquired in merger entry 27,731 shares Listed in Securities To Be Sold section as acquired via merger on April 1, 2021

Key Terms

Rule 144, irrevocable trust, founder shares, aggregate market value, +1 more

5 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.

irrevocable trust financial

"Lux Children Irrevocable Trust dated May 24, 2012, Leslie Lux, Trustee"

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.

founder shares financial

"Shares were originally founder shares, that were then merged into MGPI"

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.

aggregate market value financial

"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.

10% Owner regulatory

"10% Owner 144: Securities Information"

FAQ

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

What Rule 144 sale is being proposed for MGPI shares by the Lux Children Irrevocable Trust?

The Lux Children Irrevocable Trust dated May 24, 2012, for which Leslie Lux is trustee, filed to sell 60,731 shares of MGPI common stock under Rule 144 through Charles Schwab Corporation, with a reported aggregate market value of $896,390.

How many MGPI shares are reported as outstanding in this Rule 144 notice?

The notice reports that 21,414,076 shares of MGPI common stock were outstanding. This figure is provided as the total common shares outstanding for context relative to the proposed Rule 144 sale.

What recent MGPI stock sales by related Lux trusts are disclosed in this Form 144?

The filing states that the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux sold 33,000 shares of MGPI common stock on August 20, 2026, with reported proceeds of $586,222, and that this trust filed its own separate notice regarding those sales.

How were the MGPI shares held by the Lux trust originally acquired?

The filing remarks that the shares were originally founder shares that were merged into MGPI on April 1, 2021. The Securities To Be Sold section also lists an acquisition on April 1, 2021 via a merger with the issuer.

Who is the person for whose account the MGPI securities are to be sold in this Rule 144 filing?

The person for whose account the securities are to be sold is the Lux Children Irrevocable Trust dated May 24, 2012, with Leslie Lux serving as trustee and signatory on the notice.

What is the date of notice for the Lux trust’s planned MGPI share sale under Rule 144?

The date of notice for the planned MGPI share sale by the Lux Children Irrevocable Trust is given as September 15, 2026. This date appears both in the securities information section and with the trustee’s signature.

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

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Available on EDGAR 09/15/2026 - 10:13 AM Accepted by SEC EDGAR 09/15/2026 - 10:13 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

144: Filer Information

Filer CIK	0001853885
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: 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	Lux Children Irrevocable Trust dated May 24, 2012, Leslie Lux, 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: 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: 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: 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: Remarks and Signature

Remarks	Shares were originally founder shares, that were then merged into MGPI on 04/01/2021. The 33,000 shares included in the Securities Sold During The Past 3 Months section were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated September 16, 2005, as to which Paul S. Lux, husband of Leslie Lux, serves as Sole Investment Trustee. Such trust also has filed its own separate Form 144 with respect to these sales.
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/ Leslie Lux, Trustee
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)