MGP Ingredients CHRO share disposition for taxes

MGP Ingredients chief human resources officer Erika Lapish reported Form 4 insider transactions showing share dispositions used to cover tax obligations.

Rhea-AI Filing Summary

MGP Ingredients chief human resources officer Erika Lapish reported Form 4 insider transactions showing share dispositions used to cover tax obligations. She delivered 1,211 shares of common stock on February 16 and 554 shares on February 14 at $25.74 per share as tax-withholding dispositions. After these transactions, she directly owned 9,362 common shares, and footnotes indicate her holdings also include restricted stock units.

Insider Trade Summary

Exercise Price or Tax Liability: 1,765 shares

Exercise Price or Tax Liability 3 txns

Insider Lapish Erika

Role CHRO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,211	$25.74	$31K
Exercise Price or Tax Liability	Common Stock	554	$25.74	$14K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 9,362 shares (Direct); Common Stock — 550 shares (Indirect, by Husband)

Footnotes (2)

1. F1. Represents 3,470 shares of common stock and 7,103 restricted stock units.
2. F2. Represents 5,654 shares of common stock and 3,708 restricted stock units.

FAQ

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What insider transaction did MGPI executive Erika Lapish report on this Form 4?

Erika Lapish reported share dispositions used to satisfy tax obligations. She delivered common stock to cover tax liabilities related to equity awards, rather than executing an open-market buy or sell, as indicated by transaction code F and its tax-withholding description.

How many MGP Ingredients (MGPI) shares did Erika Lapish dispose of for taxes?

She disposed of 1,211 shares on February 16 and 554 shares on February 14. Both transactions involved common stock at $25.74 per share, classified as tax-withholding dispositions to pay exercise price or tax liabilities by delivering securities instead of using cash.

What is Erika Lapish’s direct MGP Ingredients share ownership after these transactions?

After the reported tax-withholding dispositions, Erika Lapish directly owned 9,362 shares of MGPI common stock. Footnote disclosures indicate her overall equity position also includes restricted stock units in addition to these common shares, reflecting a mix of stock and stock-based awards.

Are the MGPI Form 4 transactions by Erika Lapish open-market sales?

No, they are identified as tax-withholding dispositions under transaction code F. The description states they represent payment of exercise price or tax liability by delivering securities, distinguishing them from discretionary open-market sales executed through a brokerage account.

How do restricted stock units factor into Erika Lapish’s MGPI holdings?

Footnotes state that certain reported positions represent combinations of common stock and restricted stock units. For example, one footnote references 3,470 common shares and 7,103 restricted stock units, indicating part of her equity exposure is through unvested or restricted awards rather than only freely tradable shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/18/2026 - 05:35 PM EST Learn about SEC filing dates

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^*

Lapish Erika

(Last) (First) (Middle)

100 COMMERCIAL STREET

(Street)

ATCHISON KS 66002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MGP INGREDIENTS INC [ MGPI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/14/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/14/2026		F		554	D	$25.74	10,573(1)	D
Common Stock	02/16/2026		F		1,211	D	$25.74	9,362(2)	D
Common Stock								550	I	by Husband

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents 3,470 shares of common stock and 7,103 restricted stock units.

2. Represents 5,654 shares of common stock and 3,708 restricted stock units.

Remarks:

	/s/ Zoe Vantzos, Attorney-in-fact for Erika Lapish	02/18/2026
	** 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.