MGP Ingredients director granted 2,112 shares
MGP Ingredients director Martin Roper acquired 2,112 shares of common stock as a grant in connection with his board service.
Rhea-AI Filing Summary
MGP Ingredients director Martin Roper acquired 2,112 shares of common stock as a grant in connection with his board service. The shares were valued at $18.34 per share and were issued in lieu of a cash retainer. Following this award, he directly holds 27,470 common shares, which the footnotes state include 3,180 restricted stock units. This is a routine, compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,112 shares
Grant/Award
1 txn
Insider
Roper Martin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,112 | $18.34 | $39K |
Holdings After Transaction:
Common Stock — 27,470 shares (Direct)
Footnotes (2)
- F1. Represents an award of unrestricted shares of common stock issued by MGP Ingredients, Inc. in lieu of a cash retainer in connection with the Reporting Person's service as a director.
- F2. Includes 3,180 restricted stock units.
Key Figures
Stock grant size: 2,112 shares
Grant price per share: $18.34 per share
Total shares after transaction: 27,470 shares
+1 more
4 metrics
Stock grant size
2,112 shares
Unrestricted common stock awarded for director service
Grant price per share
$18.34 per share
Reported value for the 2,112-share award
Total shares after transaction
27,470 shares
Director’s direct common stock holdings following the grant
Restricted stock units included
3,180 RSUs
Portion of total holdings represented by restricted stock units
Key Terms
restricted stock units, unrestricted shares, cash retainer
3 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.
cash retainer financial
"issued by MGP Ingredients, Inc. in lieu of a cash retainer"
FAQ
What did MGP Ingredients (MGPI) director Martin Roper report on this Form 4?
Martin Roper reported receiving 2,112 shares of MGP Ingredients common stock as a grant. The award was issued in lieu of a cash retainer for his director service, making it a routine compensation-related transaction rather than an open-market trade.
At what value was the MGP Ingredients (MGPI) stock grant to Martin Roper recorded?
The stock grant to Martin Roper was recorded at a price of $18.34 per share. This valuation applies to the 2,112 common shares awarded as director compensation, providing an implied grant value based on the company’s reported per-share figure.
Was the MGP Ingredients (MGPI) stock grant to Martin Roper an open-market purchase?
No, the transaction was not an open-market purchase. The footnotes explain it represents unrestricted common shares issued in lieu of a cash retainer for board service, classifying it as a compensation grant rather than a discretionary market buy.
What do the restricted stock units mentioned in the MGP Ingredients (MGPI) filing represent?
The filing notes that Martin Roper’s total includes 3,180 restricted stock units. These units are promises to deliver shares in the future, typically subject to vesting conditions, and are separate from the 2,112 unrestricted shares granted for his director retainer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
