STOCK TITAN

MGP Ingredients trust sells 27,731 shares

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

MGP Ingredients Inc. (MGPI) reported that the Lux Children Irrevocable Trust, for which Leslie Lux serves as sole trustee and a member of a 10% holder group, sold 27,731 shares of common stock on September 16, 2026 at a weighted average price of $14.4026 per share in transactions ranging from $14.31 to $14.55. The shares were held indirectly by the trust, which now holds 0 shares; Leslie Lux may be deemed to have had sole voting and dispositive power over those shares and disclaims beneficial ownership except to the extent of her pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Lux Leslie, Lux Children Irrevocable Trust dated May 24, 2012
Role 10% Owner | 10% Owner
Sold 27,731 shs ($399K)
Type Security Shares Price Value
Sale Common Stock F1, F2 27,731 $14.4026 $399K
Holdings After Transaction: Common Stock — 0 shares (Indirect, By Trust)
Footnotes (2)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.31 per share to $14.55 per share, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
  2. F2. The shares in these transactions were sold by the Lux Children Irrevocable Trust dated 5/24/2012, Leslie Lux sole Trustee ("Lux Children Trust"). Following the completion of these sales, 0 shares beneficially owned by the Lux Children Trust are included in the aggregate indirect ownership of the reporting person. Leslie Lux may be deemed to have held sole voting and dispositive power with respect to all of the shares owned by the Lux Children Trust.
Shares sold 27,731 shares Common stock sold on September 16, 2026 by Lux Children Irrevocable Trust
Weighted average sale price $14.4026 per share Average price across multiple sale transactions on September 16, 2026
Sale price range $14.31–$14.55 per share Price range of individual transactions included in the weighted average
Shares held after transaction 0 shares Lux Children Irrevocable Trust’s beneficially owned shares included in indirect ownership after sale
Transaction type Sale of common stock (indirect ownership, by trust) Reported as a disposition of indirectly held common shares
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of her pecuniary interest"
sole voting and dispositive power financial
"Leslie Lux may be deemed to have held sole voting and dispositive power"
indirect ownership financial
"included in the aggregate indirect ownership of the reporting person."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction in MGPI is reported in this Form 4?

The filing reports that the Lux Children Irrevocable Trust sold 27,731 shares of MGP Ingredients Inc. common stock on September 16, 2026, disposing of its entire indirectly held position.

At what price were the MGPI shares sold in this transaction?

The shares were sold at a weighted average price of $14.4026 per share, in multiple transactions at prices ranging from $14.31 to $14.55 per share, inclusive.

Who is the reporting person in this MGPI Form 4 and what is their role?

The reporting person is Leslie Lux, identified as a member of a 10% holder group. She is associated with the Lux Children Irrevocable Trust as its sole trustee and may be deemed to have had sole voting and dispositive power over the shares sold.

How many MGPI shares does the Lux Children Irrevocable Trust hold after the sale?

Following the reported sales, the Lux Children Irrevocable Trust holds 0 shares of MGP Ingredients Inc. common stock in the reporting person’s aggregate indirect ownership.

Does the reporting person claim full beneficial ownership of the MGPI shares sold?

No. The filing states that the reporting person disclaims beneficial ownership of the issuer’s common stock reported, except to the extent of her pecuniary interest in those shares.

Was the MGPI insider sale made under a Rule 10b5-1 trading plan?

No. The document-level Rule 10b5-1 checkbox is not checked, and there is no footnote indicating that the sale was made pursuant to a Rule 10b5-1 trading plan.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Lux Leslie

(Last)(First)(Middle)
C/O CHRIS ERBLICH, ESQ.
5060 NORTH 40TH STREET, SUITE 250

(Street)
PHOENIX ARIZONA 85018

(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)
DirectorX10% Owner
Officer (give title below)XOther (specify below)
Member of 10% holder group
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/16/2026S27,731(1)D$14.40260IBy Trust(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Lux Leslie

(Last)(First)(Middle)
C/O CHRIS ERBLICH, ESQ.
5060 NORTH 40TH STREET, SUITE 250

(Street)
PHOENIX ARIZONA 85018

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)XOther (specify below)
Member of 10% holder group
1. Name and Address of Reporting Person*
Lux Children Irrevocable Trust dated May 24, 2012

(Last)(First)(Middle)
C/O CHRIS ERBLICH, ESQ.
5060 NORTH 40TH STREET, SUITE 250

(Street)
PHOENIX ARIZONA 85018

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)XOther (specify below)
Member of 10% holder group
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.31 per share to $14.55 per share, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
2. The shares in these transactions were sold by the Lux Children Irrevocable Trust dated 5/24/2012, Leslie Lux sole Trustee ("Lux Children Trust"). Following the completion of these sales, 0 shares beneficially owned by the Lux Children Trust are included in the aggregate indirect ownership of the reporting person. Leslie Lux may be deemed to have held sole voting and dispositive power with respect to all of the shares owned by the Lux Children Trust.
Remarks:
The Reporting Person and the Lux Children Trust may be deemed to be part of a group due to the entry by certain persons into a Shareholders Agreement dated April 1, 2021, as previously disclosed on the Reporting Person's Form 3/A filing with respect to MGPI dated October 7, 2021. The Reporting Person disclaims beneficial ownership of the shares of the Issuer's common stock reported herein, except to the extent of her pecuniary interest therein.
/s/ Leslie Lux, Individually09/18/2026
/s/ Leslie Lux, as Trustee09/18/2026
** Signature of Reporting PersonDate
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)

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