MGP Ingredients trust sells 27,731 shares
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 Trade Summary
Net Seller: 27,731 shares
Net Sell
1 txn
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)
- 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.
- 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.
Key Figures
Shares sold: 27,731 shares
Weighted average sale price: $14.4026 per share
Sale price range: $14.31–$14.55 per share
+2 more
5 metrics
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
Key Terms
weighted average price, pecuniary interest, sole voting and dispositive power, indirect ownership
4 terms
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.
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.
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.