MGP Ingredients (MGPI) director granted 5,801-share annual stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOPEZ GERARDO I reported acquisition or exercise transactions in this Form 4 filing.
MGP Ingredients, Inc. director Gerardo I. Lopez received an award of 5,801 shares of Common Stock as part of his annual compensation for board service. The shares were granted at no cash cost to him. Following this grant, he directly holds 12,262 shares of Common Stock, which includes 3,180 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LOPEZ GERARDO I
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,801 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,262 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 3,180 restricted stock units.
Key Figures
Director stock award: 5,801 shares
Grant price: $0.00 per share
Total direct holdings after grant: 12,262 shares
+1 more
4 metrics
Director stock award
5,801 shares
Annual award of unrestricted Common Stock on May 14, 2026
Grant price
$0.00 per share
Compensation grant, no cash paid by director
Total direct holdings after grant
12,262 shares
Common Stock directly held by Gerardo Lopez following the award
Restricted stock units included
3,180 RSUs
Restricted stock units included in reported direct holdings
Key Terms
restricted stock units, unrestricted shares, Common Stock, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Includes 3,180 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.
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did MGP Ingredients (MGPI) director Gerardo Lopez report on this Form 4?
Gerardo Lopez reported receiving 5,801 shares of MGP Ingredients Common Stock as an annual equity award for his service as a director. The shares were granted at no cash cost, reflecting stock-based compensation rather than an open-market purchase.
Was the MGPI Form 4 transaction a market purchase or a compensation grant?
The transaction was a compensation grant, not a market purchase. Lopez received 5,801 unrestricted shares of Common Stock as an annual award for board service, with a reported transaction price of $0.00 per share, indicating no cash was paid for these shares.
What does the Form 4 footnote say about Gerardo Lopez’s MGPI stock award?
The footnote explains the 5,801 shares represent an annual award of unrestricted Common Stock granted in connection with Lopez’s service as a director. Another footnote notes that his reported holdings include 3,180 restricted stock units, a form of deferred share-based compensation.
Does this MGPI Form 4 show any stock sales by Gerardo Lopez?
No stock sales are reported in this Form 4. The filing shows only one acquisition transaction coded as a grant or award, adding 5,801 shares to Lopez’s direct holdings, which rise to 12,262 shares of Common Stock after the grant.
What is the significance of the A transaction code in the MGPI Form 4?
The A transaction code indicates a grant, award, or other acquisition of securities. In this case, it reflects the annual equity award of 5,801 unrestricted MGPI Common Stock shares granted to director Gerardo Lopez as part of his board compensation package.