MGP Ingredients (MGPI) insider sells 33K shares via trust
Rhea-AI Filing Summary
MGP INGREDIENTS INC (MGPI) insider Paul S. Lux, reported as a member of a 10% holder group, reported an indirect sale of 33,000 shares of common stock on 2026-08-20 at a weighted average price of $17.7643 per share. The shares were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux, for which he is sole trustee. After these transactions, the trust beneficially owns 550,458 shares, which are included in Lux’s aggregate indirect ownership, and he may be deemed to hold sole voting and dispositive power over those shares.
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Negative
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Insights
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Insider Trade Summary
Net Seller: 33,000 shares
Net Sell
1 txn
Insider
Lux Paul S.
Role
10% Owner
Sold
33,000 shs ($586K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 33,000 | $17.7643 | $586K |
Holdings After Transaction:
Common Stock — 550,458 shares (Indirect, By Trust)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.465 per share to $17.940 per share, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
- F2. The shares in these transactions were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated 9/16/2005, Paul S. Lux sole Trustee ("Lux 2005 Paul Trust"). Following the completion of these sales, 550,458 shares beneficially owned by the Lux 2005 Paul Trust are included in the aggregate indirect ownership of the reporting person. Accordingly, Paul S. Lux may be deemed to hold sole voting and dispositive power with respect to all of the shares owned by the Lux 2005 Paul Trust.
Key Figures
Shares sold: 33,000 shares
Weighted average sale price: $17.7643 per share
Sale price range: $17.465 to $17.940 per share
+2 more
5 metrics
Shares sold
33,000 shares
Indirect sale of MGPI common stock on 2026-08-20 by Lux 2005 Paul Trust
Weighted average sale price
$17.7643 per share
Weighted average price for the 33,000 MGPI shares sold
Sale price range
$17.465 to $17.940 per share
Range of prices for multiple sale transactions included in the Form 4
Shares held after transaction
550,458 shares
MGPI shares beneficially owned by the Lux 2005 Paul Trust following the sale
Net shares sold
33,000 shares
Net sell direction across all reported transactions in this Form 4
Key Terms
weighted average price, indirect ownership, dispositive power, ten percent owner
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"550,458 shares beneficially owned by the Lux 2005 Paul Trust are included in the aggregate indirect ownership"
dispositive power financial
"Paul S. Lux may be deemed to hold sole voting and dispositive power"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
ten percent owner regulatory
"Member of 10% holder group"
FAQ
What insider transaction did MGPI’s Paul S. Lux report on this Form 4?
Paul S. Lux reported an indirect sale of 33,000 shares of MGP INGREDIENTS INC (MGPI) common stock on 2026-08-20, executed through the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux, where he serves as sole trustee.
AI-generated analysis. How Rhea-AI works. Not financial advice.