STOCK TITAN

MGP Ingredients (MGPI) insider sells 33K shares via trust

(Very High)
(Negative)
Form Type
4

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.

Positive

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Negative

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Insights

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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)
  1. 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.
  2. 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.
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
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.

At what price were the MGPI shares sold in Paul S. Lux’s latest transaction?

The reported price is a weighted average of $17.7643 per share. The filing states the shares were sold in multiple transactions at prices ranging from $17.465 to $17.940 per share, inclusive.

How many MGPI shares does the Lux 2005 Paul Trust hold after this sale?

Following the reported sale, the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux beneficially owns 550,458 shares of MGP INGREDIENTS INC common stock, which are included in Paul S. Lux’s aggregate indirect ownership.

Is Paul S. Lux’s ownership of MGPI shares direct or indirect?

The reported holdings on this Form 4 are indirect. The shares are held by the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux, and are reported as "By Trust", with Lux as sole trustee and deemed to have sole voting and dispositive power.

Does the Form 4 indicate a Rule 10b5-1 trading plan for MGPI shares?

No. The document-level Rule 10b5-1 indicator is false, meaning the checkbox for transactions pursuant to a Rule 10b5-1 trading plan was not marked as affirmed for this MGPI Form 4.

How many MGPI shares did Paul S. Lux sell in total in this reported transaction?

The filing reports that 33,000 shares of MGP INGREDIENTS INC common stock were sold in this transaction, executed indirectly through the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Lux Paul S.

(Last)(First)(Middle)
C/O CHRIS ERBLICH, ESQ.
5060 NORTH 40TH STREET, SUITE 250

(Street)
PHOENIX ARIZONA 85018

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MGP INGREDIENTS INC [ MGPI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)XOther (specify below)
Member of 10% holder group
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/20/2026S33,000(1)D$17.7643550,458IBy Trust(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
Remarks:
The Reporting Person and the Lux 2005 Paul Trust may be deemed to be part of a group due to the entry by certain persons into a Shareholders Agreement dated April 1, 2021, as previously disclosed on the Reporting Person's Form 3/A filing with respect to MGPI dated October 7, 2021. The Reporting Person disclaims beneficial ownership of the shares of the Issuer's common stock reported herein, except to the extent of his pecuniary interest therein.
/s/ Paul S. Lux08/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)