Is the 5,801-share award to Mercedes Romero in MGPI stock restricted?

The filing describes the 5,801-share grant as an annual award of unrestricted common stock. This means the shares are not subject to typical vesting restrictions, and the award is tied to Mercedes Romero’s ongoing service as a director of MGP Ingredients.

Director at MGP Ingredients (MGPI) receives 5,801-share stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Romero Mercedes reported acquisition or exercise transactions in this Form 4 filing.

MGP Ingredients, Inc. director Mercedes Romero received an annual award of 5,801 shares of common stock. The shares were granted at no cash cost as unrestricted stock in connection with her service as a director, bringing her directly held stake to 5,801 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Romero Mercedes

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,801	$0.00	--

Holdings After Transaction: Common Stock — 5,801 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 5,801 shares Grant price per share: $0.00 per share Shares held after grant: 5,801 shares

3 metrics

Shares granted 5,801 shares Annual award of unrestricted common stock to director

Grant price per share $0.00 per share Reported transaction price for stock award

Shares held after grant 5,801 shares Total common stock directly owned post-transaction

Key Terms

unrestricted shares of common stock, annual award, Grant, award, or other acquisition

3 terms

unrestricted shares of common stock financial

"Represents an annual award of unrestricted shares of common stock granted"

annual award financial

"Represents an annual award of unrestricted shares of common stock"

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

05/15/2026 - 04:22 PM

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

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^*

Romero Mercedes

(Last)

(First)

(Middle)

MERCEDES ROMERO

100 COMMERCIAL ST.

(Street)

ATCHISON

KANSAS

66002

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/14/2026		A		5,801⁽¹⁾	A	$0	5,801	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents an annual award of unrestricted shares of common stock granted by MGP Ingredients, Inc. in connection with the Reporting Person's service as a director.

Remarks:

	/s/ Zoe Vantzos, Attorney-in-fact for Mercedes Romero	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MGP Ingredients (MGPI) report for Mercedes Romero?

MGP Ingredients reported that director Mercedes Romero received an annual equity award of 5,801 unrestricted common shares. The grant reflects compensation for her board service rather than an open-market stock purchase or sale, and all 5,801 shares are held directly after the transaction.

Was the Mercedes Romero transaction in MGPI stock a purchase or a grant?

The transaction was a grant, not a market purchase. Mercedes Romero received 5,801 unrestricted common shares of MGP Ingredients as an annual award for her director service, with a reported price of $0.00 per share, indicating compensation rather than an investment trade.

How many MGP Ingredients (MGPI) shares does Mercedes Romero hold after this Form 4?

After the reported transaction, Mercedes Romero directly holds 5,801 shares of MGP Ingredients common stock. This entire position stems from the annual unrestricted stock award granted in connection with her role as a director, according to the Form 4 disclosure details.

Does the Mercedes Romero Form 4 for MGPI indicate any stock sales?

No stock sales are shown in this Form 4. The filing only reports an acquisition coded as a grant or award, where Mercedes Romero received 5,801 unrestricted common shares as director compensation, with no corresponding dispositions or derivative exercises included in the summary.