Director at MGP Ingredients (MGPI) awarded 5,801 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lowry Jennifer Elaine reported acquisition or exercise transactions in this Form 4 filing.
MGP Ingredients, Inc. director Jennifer Elaine Lowry received an annual equity award of 5,801 shares of common stock in connection with her board service. The shares were granted at $0.00 per share as compensation rather than a market purchase. Following this grant, she directly holds 11,894 common shares, which the disclosure notes include 2,812 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lowry Jennifer Elaine
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,801 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,894 shares (Direct, null)
Footnotes (1)
- Represents an annual award of unrestricted shares of common stock granted by MGP Ingredients, Inc. in connection with the Reporting Person's service as a director. Includes 2,812 restricted stock units.
Key Figures
Shares granted: 5,801 shares
Grant price: $0.00 per share
Shares held after grant: 11,894 shares
+1 more
4 metrics
Shares granted
5,801 shares
Annual award of unrestricted common stock to director
Grant price
$0.00 per share
Equity award as compensation, not a market purchase
Shares held after grant
11,894 shares
Director’s direct common stock holdings following transaction
Restricted stock units included
2,812 RSUs
Portion of total reported holdings in RSU form
Key Terms
unrestricted shares, restricted stock units, Grant, award, or other acquisition, common stock
4 terms
restricted stock units financial
"Includes 2,812 restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
common stock financial
"Represents an annual award of unrestricted shares of common stock granted"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did MGPI director Jennifer Elaine Lowry report in this Form 4?
Jennifer Elaine Lowry reported receiving an annual equity award of 5,801 shares of MGP Ingredients common stock. The award was granted as compensation for her service as a director, rather than purchased on the open market.
Does Jennifer Elaine Lowry’s MGPI Form 4 involve any stock sales?
The Form 4 only shows an acquisition of 5,801 common shares and no sales. The transaction is coded as an award or grant, reflecting stock-based compensation rather than a sale or disposition of existing holdings.
What portion of Jennifer Elaine Lowry’s MGPI holdings are restricted stock units?
Of Jennifer Elaine Lowry’s reported 11,894 MGP Ingredients shares, 2,812 are restricted stock units. These RSUs are stock-based awards that typically convert into shares according to vesting conditions set by the company.