MGP Ingredients (MGPI) CEO receives 58,674 performance stock units

Rhea-AI Filing Summary

MGP Ingredients reported that President and CEO Julie Maria Francis acquired 58,674 performance stock units of common stock at no cost through an equity award. The company’s compensation committee certified achievement of the award’s performance goals on February 23, 2026.

The award is still subject to time-based vesting and will fully vest on August 4, 2028. After this grant, Francis directly holds 79,261 common share equivalents, including 20,587 restricted stock units and the 58,674 performance stock units from this award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Francis Julie Maria

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	58,674	$0.00	--

Holdings After Transaction: Common Stock — 79,261 shares (Direct)

Footnotes (1)

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 August 4, 2028. Includes 20,587 restricted stock units and 58,674 performance stock units described in Footnote 1.

Form 4 Insider Transactions: What Each Field Means →

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^*

Francis Julie Maria

(Last) (First) (Middle)

100 COMMERCIAL ST

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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	02/23/2026		A		58,674(1)	A	$0	79,261(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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 August 4, 2028.

2. Includes 20,587 restricted stock units and 58,674 performance stock units described in Footnote 1.

Remarks:

	/s/ Zoe Vantzos, Attorney-in-fact for Julie Francis	02/25/2026
	** 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.

FAQ

What did MGPI CEO Julie Maria Francis report in this Form 4 filing?

Julie Maria Francis reported acquiring 58,674 performance stock units at no cost. The award was certified by the compensation committee and remains subject to time-based vesting, increasing her direct holdings to 79,261 common share equivalents.

How many MGPI performance stock units were granted to the CEO?

The CEO received 58,674 performance stock units of MGP Ingredients common stock. These units were granted following certification of performance goals and form a major portion of her 79,261 total common share equivalents after the transaction.

When do Julie Maria Francis’s MGPI performance stock units vest?

The performance stock unit award to Julie Maria Francis will vest on August 4, 2028. Vesting is time-based, meaning she must remain in service through that date to receive the underlying shares, assuming award terms continue to be satisfied.

What is included in Julie Maria Francis’s MGPI equity holdings after the grant?

After the grant, her reported direct holdings total 79,261 common share equivalents. This includes 20,587 restricted stock units and 58,674 performance stock units from the newly certified award, all tied to MGP Ingredients common stock.

Was cash paid for the MGPI performance stock units reported in this filing?

No cash was paid for these performance stock units, as indicated by the zero price per share. The award reflects equity-based compensation granted to the CEO, rather than an open-market stock purchase or sale transaction.