MGP Ingredients (NASDAQ: MGPI) ends CHRO and CCO roles after leadership reorg

Rhea-AI Filing Summary

MGP Ingredients, Inc. reported leadership changes following a board-approved reorganization of certain roles. The company stated that the employment of Chief Human Resources Officer Erika Lapish and Chief Commercial Officer Amel Pasagic will conclude on February 20, 2026.

Both executives are eligible for severance payments under the company’s Executive Severance Plan, conditioned on signing a release and agreeing to post-employment covenants. The filing does not describe changes to other executive positions or provide financial details related to the reorganization beyond the severance eligibility.

Insights

Corporate governance and executive compensation analyst

MGP Ingredients restructured senior leadership, ending roles for its CHRO and CCO with standard severance terms.

MGP Ingredients, Inc. disclosed that its board approved a reorganization of certain leadership positions on February 11, 2026. As part of this change, the Chief Human Resources Officer and Chief Commercial Officer roles held by Erika Lapish and Amel Pasagic will end effective February 20, 2026.

Both departing executives are entitled to severance under the company’s Executive Severance Plan, contingent on signing a release and agreeing to post-employment covenants. This structure suggests a planned transition using pre-existing policies rather than ad hoc arrangements. The filing does not describe replacements or broader strategic shifts, so the overall effect on operations and strategy is not clear from this disclosure alone.

FALSE000083501100008350112026-02-112026-02-11

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 11, 2026

MGP Ingredients, Inc.

(Exact name of registrant as specified in its charter)

Kansas			0-17196			45-4082531
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No.)

Cray Business Plaza

100 Commercial Street

Box 130

Atchison, Kansas 66002

(Address of principal executive offices) (Zip Code)

(913) 367-1480

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol			Name of each exchange on which registered
Common Stock, no par value			MGPI			NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 11, 2026, the Board of Directors of MGP Ingredients, Inc. (the “Company”) approved a reorganization of certain leadership positions. As a result, the employment of Erika Lapish, Chief Human Resources Officer, and Amel Pasagic, Chief Commercial Officer, will conclude on February 20, 2026. Ms. Lapish and Mr. Pasagic are each entitled to severance payments under the Company’s Executive Severance Plan, subject to compliance with the terms of the plan, including signing a release and agreeing to certain post-employment covenants.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number						Description
104						The cover page from this Current Report on Form 8-K, formatted in iXBRL (Inline Extensible Business Reporting Language)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

                        MGP INGREDIENTS, INC.

Date: February 13, 2026			By:			/s/ Brandon M. Gall
						Brandon M. Gall, Chief Financial Officer

FAQ

What leadership changes did MGP Ingredients (MGPI) disclose in this 8-K filing?

MGP Ingredients disclosed that its board approved a reorganization of certain leadership positions. As a result, Chief Human Resources Officer Erika Lapish and Chief Commercial Officer Amel Pasagic will conclude their employment with the company effective February 20, 2026, following this restructuring decision.

When will the departing MGP Ingredients (MGPI) executives’ employment end?

The employment of Chief Human Resources Officer Erika Lapish and Chief Commercial Officer Amel Pasagic will end on February 20, 2026. This timing follows a February 11, 2026 board decision approving a reorganization of certain leadership positions at MGP Ingredients, Inc. described in the current report.

Are the departing MGPI executives receiving severance under the company’s plan?

Both departing executives are entitled to severance payments under MGP Ingredients’ Executive Severance Plan. These payments are conditioned on complying with plan terms, which include signing a release and agreeing to certain post-employment covenants that govern their obligations after leaving the company.

Why are MGP Ingredients’ CHRO and CCO leaving the company?

Their departures stem from a board-approved reorganization of certain leadership positions at MGP Ingredients on February 11, 2026. The company states that, as a result of this internal reorganization, the employment of Chief Human Resources Officer Erika Lapish and Chief Commercial Officer Amel Pasagic will conclude.

Does the MGP Ingredients (MGPI) filing mention replacements for the CHRO and CCO roles?

The filing describes the end of employment for the Chief Human Resources Officer and Chief Commercial Officer but does not identify successors. It focuses on the board’s decision to reorganize certain leadership positions and outlines severance eligibility for the departing executives under the Executive Severance Plan.

What conditions must the departing MGPI executives meet to receive severance?

Severance payments are conditioned on compliance with the Executive Severance Plan, including signing a release and agreeing to post-employment covenants. These covenants typically govern obligations after departure, and the filing notes that both executives’ severance is subject to these specific plan requirements.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 23.2 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 13.3 KB