MGP Ingredients (MGPI) CFO granted 13,687 performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gall Brandon reported acquisition or exercise transactions in this Form 4 filing.
MGP Ingredients CFO Brandon Gall received an equity award in the form of 13,687 performance stock units of common stock at no cash cost. The company’s committee certified the achievement of the award’s performance goals on February 23, 2026, and the units remain subject to time-based vesting.
The performance stock units will vest on February 20, 2028 if the service-based condition is met. After this grant, Gall’s directly held common stock equivalents total 65,299 shares, including 20,189 restricted stock units and the 13,687 performance stock units from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gall Brandon
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,687 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 65,299 shares (Direct)
Footnotes (1)
- Represents a performance stock unit award. The Issuer's Human Resources and Compensation Committee certified the achievement of the award's performance goals on February 23, 2026. The award remains subject to a time-based vesting requirement and will vest on February 20, 2028. Includes 20,189 restricted stock units and 13,687 performance stock units described in Footnote 1.
FAQ
What did MGP Ingredients (MGPI) disclose about its CFO’s latest stock award?
MGP Ingredients reported that CFO Brandon Gall received 13,687 performance stock units at no cash cost. The award’s performance goals were certified on February 23, 2026 and it is subject to additional time-based vesting conditions through February 20, 2028.
How many performance stock units did the MGPI CFO receive and when do they vest?
The CFO received 13,687 performance stock units tied to MGP Ingredients common stock. These units will vest on February 20, 2028, provided the remaining service-based vesting requirement is satisfied following the Human Resources and Compensation Committee’s performance certification on February 23, 2026.
What is the nature of the equity award reported for MGPI CFO Brandon Gall?
The equity award is a grant of performance stock units, not a market purchase. It was issued at a price of $0.00 per unit and became earned based on performance, with remaining time-based vesting conditions that extend until February 20, 2028 before shares are fully delivered.