MGP Ingredients (MGPI) CEO receives 30,569-share equity award in Form 4 filing

Rhea-AI Filing Summary

MGP Ingredients Inc. President and CEO Julie Maria Francis reported an equity compensation award in the form of company common stock. She acquired 30,569 shares through a grant or award at a reported price of $0.0000 per share, increasing her directly owned stake to 109,830 shares.

The award is structured as restricted stock units that will vest in stages on March 5 of 2027, 2028, and 2029. Her reported holdings include 51,156 restricted stock units and 58,674 performance stock units that remain subject to a time-based vesting requirement after performance goals were certified.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Francis Julie Maria

(Last) (First) (Middle)

100 COMMERCIAL ST

(Street)

ATCHISON KS 66002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MGP INGREDIENTS INC [ MGPI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/05/2026		A		30,569(1)	A	$0	109,830(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock unit award which will vest on a pro rata basis on each of March 5, 2027, 2028, and 2029.

2. Includes 51,156 restricted stock units and 58,674 performance stock units which remain subject to a time-based vesting requirement as the Issuer's Human Resources and Compensation Committee has certified the achievement of the performance goals for these performance stock units.

Remarks:

	/s/ Zoe Vantzos, Attorney-in-fact for Julie Francis	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did MGP Ingredients (MGPI) CEO Julie Maria Francis report in this Form 4?

Julie Maria Francis reported an equity award of 30,569 shares of MGP Ingredients common stock. The transaction was coded as a grant or award acquisition, increasing her directly owned holdings to 109,830 shares, including previously granted restricted and performance stock units subject to vesting.

How many MGP Ingredients (MGPI) shares did the CEO acquire in this transaction?

The CEO acquired 30,569 shares of MGP Ingredients common stock via an equity grant. The reported transaction price was $0.0000 per share, reflecting a compensation-related award rather than an open-market purchase, and raised her total directly owned shares to 109,830 following the transaction.

What is the vesting schedule for the new MGP Ingredients (MGPI) restricted stock award?

The new restricted stock unit award will vest on a pro rata basis on March 5, 2027, March 5, 2028, and March 5, 2029. This staged vesting structure ties the CEO’s equity compensation to continued service over multiple years, aligning with long-term company performance horizons.

What other equity awards does the MGP Ingredients (MGPI) CEO currently hold?

Her reported holdings include 51,156 restricted stock units and 58,674 performance stock units. These awards remain subject to a time-based vesting requirement after the Human Resources and Compensation Committee certified that the relevant performance goals for the performance stock units had been achieved.

Was this MGP Ingredients (MGPI) CEO transaction a market buy or sell of shares?

The transaction was not a market buy or sell. It was reported under code “A” as a grant, award, or other acquisition of 30,569 shares at a price of $0.0000 per share, indicating compensation-related equity rather than an open-market transaction on an exchange.