MGP Ingredients (MGPI) legal and HR chief discloses 7,313 RSUs on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MGP Ingredients Inc executive Kathleen Susan Molamphy, the Chief Legal and HR Officer, filed an initial insider ownership report. The filing shows she beneficially owns 7,313 restricted stock units that represent shares of the company’s common stock. This is a Form 3, which establishes her starting equity position as a reporting insider rather than reflecting a new stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Molamphy Kathleen Susan
Role
Chief Legal and HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,313 shares (Direct)
Footnotes (1)
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FAQ
What does the MGPI Form 3 filed by Kathleen Susan Molamphy report?
The Form 3 reports Kathleen Susan Molamphy’s initial insider holdings in MGP Ingredients Inc. It shows she beneficially owns 7,313 restricted stock units tied to the company’s common stock as her starting disclosed equity position.
Did Kathleen Susan Molamphy buy or sell MGPI stock in this Form 3?
No, the Form 3 does not show a purchase or sale of MGPI stock. It simply discloses her existing ownership of 7,313 restricted stock units, establishing her baseline holdings as a reporting insider.
What type of security is reported in the MGPI Form 3 for Kathleen Susan Molamphy?
The Form 3 lists common stock as the security type, with a footnote clarifying that the reported holding represents restricted stock units. These units typically convert into common shares under specified vesting conditions.
What is Kathleen Susan Molamphy’s role at MGP Ingredients Inc (MGPI)?
Kathleen Susan Molamphy is identified as an officer of MGP Ingredients Inc, serving as Chief Legal and HR Officer. Her Form 3 filing reflects the insider ownership disclosure required for executives in this position.