CFO at MGP Ingredients (NASDAQ: MGPI) uses stock for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGP Ingredients CFO Brandon Gall reported two tax-related share dispositions under a Form 4. On February 14, 2026, he used 1,558 shares of common stock at $25.74 per share to cover tax withholding, and on February 16, 2026, he used another 2,438 shares at the same price for the same purpose. These are coded as tax-withholding dispositions, not open-market purchases or sales. Footnotes state that his holdings include combinations of common stock and restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gall Brandon
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,438 | $25.74 | $63K |
| Tax Withholding | Common Stock | 1,558 | $25.74 | $40K |
Holdings After Transaction:
Common Stock — 52,210 shares (Direct)
Footnotes (1)
- Represents 26,433 shares of common stock and 28,215 restricted stock units. Represents 30,421 shares of common stock and 21,789 restricted stock units.
FAQ
What insider transactions did MGPI CFO Brandon Gall report on this Form 4?
CFO Brandon Gall reported two tax-withholding dispositions of MGP Ingredients common stock. He used shares to satisfy tax obligations instead of making open-market trades, reflecting administrative equity award handling rather than discretionary buying or selling activity.
Were the MGPI CFO’s Form 4 transactions open-market sales or tax withholding?
The transactions were tax-withholding dispositions, not open-market sales. The Form 4 uses transaction code F, described as payment of exercise price or tax liability by delivering securities, indicating an administrative settlement of taxes on equity compensation.
What position does Brandon Gall hold at MGP Ingredients (MGPI)?
Brandon Gall is the Chief Financial Officer (CFO) of MGP Ingredients. His Form 4 filing reflects transactions in company common stock tied to his role as an executive officer receiving and settling equity-based compensation using company shares.
What do the Form 4 footnotes reveal about the CFO’s MGPI holdings?
Footnotes state that reported holdings include both common stock and restricted stock units. One note shows 26,433 common shares and 28,215 restricted stock units, and another shows 30,421 common shares and 21,789 restricted stock units, clarifying the mix of vested and unvested equity.