Director Thomas Gerke receives 5,801-share stock award at MGP Ingredients (MGPI)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGP Ingredients, Inc. reported that director Thomas A. Gerke received an annual award of common stock. He acquired 5,801 shares of common stock as a grant in connection with his service as a director, with no cash price per share reported in the transaction. Following this award, he directly owns 17,118 common shares. This is a compensation-related stock grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GERKE THOMAS A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,801 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,118 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 5,801 shares
Post-transaction holdings: 17,118 shares
Transaction code: A
+1 more
4 metrics
Shares granted
5,801 shares
Annual award of unrestricted common stock to director
Post-transaction holdings
17,118 shares
Common stock directly owned after grant
Transaction code
A
Grant, award, or other acquisition of common stock
Price per share
$0.0000
Reported transaction price for the stock grant
Key Terms
unrestricted shares, annual award, common stock, Grant, award, or other acquisition
4 terms
annual award financial
"Represents an annual award of unrestricted shares of common stock"
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 is Grant, award, or other acquisition"
FAQ
What did MGP Ingredients (MGPI) director Thomas Gerke report in this Form 4?
Director Thomas Gerke reported receiving an annual stock award from MGP Ingredients. He acquired 5,801 shares of common stock as compensation for his board service, increasing his direct holdings to 17,118 shares according to the filing’s post-transaction ownership figure.
What is Thomas Gerke’s total MGP Ingredients (MGPI) ownership after the grant?
After the stock award, Thomas Gerke directly owns 17,118 shares of MGP Ingredients common stock. This post-transaction figure, disclosed in the Form 4, shows his current direct holdings following the 5,801-share annual director compensation grant.
Was the MGP Ingredients (MGPI) Form 4 transaction a market buy or sell?
The Form 4 reports a stock grant, not a market trade. The transaction code is “A,” indicating a grant, award, or other acquisition, and the footnote explains it is an annual award of unrestricted common shares for Gerke’s service as a director.