MGP Ingredients (MGPI) CEO withholds 1,994 shares for award obligations
Rhea-AI Filing Summary
MGP Ingredients President & CEO Julie Maria Francis reported that 1,994 shares of common stock were withheld on 2026-08-04 at $17.11 per share as payment of exercise price or tax liability related to equity awards. After this, she directly holds 107,836 shares, including 44,294 RSUs and 58,674 PSUs subject to time-based vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,994 shares
Net Sell
1 txn
Insider
Francis Julie Maria
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock F1 | 1,994 | $17.11 | $34K |
Holdings After Transaction:
Common Stock — 107,836 shares (Direct)
Footnotes (1)
- F1. Includes 44,294 restricted stock units and 58,674 performance stock units which remain subject to a time-based vesting requirement as the Issuer's Human Resources and Compensation Committee has certified the achievement of the performance goals for these performance stock units.
Key Figures
Shares withheld for exercise price or tax liability: 1,994 shares
Price per share: $17.11 per share
Shares held after transaction: 107,836 shares
+2 more
5 metrics
Shares withheld for exercise price or tax liability
1,994 shares
Common stock withheld on 2026-08-04 under transaction code F
Price per share
$17.11 per share
Value assigned to the 1,994 withheld shares
Shares held after transaction
107,836 shares
Direct common stock holdings following the 2026-08-04 withholding
Restricted stock units
44,294 units
RSUs included within the CEO’s direct holdings, subject to time-based vesting
Performance stock units
58,674 units
PSUs with performance goals certified, remaining subject to time-based vesting
Key Terms
restricted stock units, performance stock units, time-based vesting requirement, Human Resources and Compensation Committee
4 terms
restricted stock units financial
"Includes 44,294 restricted stock units and 58,674 performance stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"Includes 44,294 restricted stock units and 58,674 performance stock units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
time-based vesting requirement financial
"which remain subject to a time-based vesting requirement as the Issuer's"
Human Resources and Compensation Committee regulatory
"as the Issuer's Human Resources and Compensation Committee has certified"
A board-level committee that oversees a company’s pay and personnel policies, including executive compensation, employee benefits, hiring, leadership development and succession planning. It matters to investors because the committee shapes incentives, labor costs and management continuity—factors that affect performance, risk and shareholder value—like a coach setting rules and pay that influence how a team performs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MGPI’s CEO Julie Maria Francis report?
Julie Maria Francis had 1,994 shares of MGPI common stock withheld on 2026-08-04 at $17.11 per share. The shares were used as payment of exercise price or tax liability connected to her equity awards, not as an open-market sale.
What portion of the MGPI CEO’s holdings are restricted or performance stock units?
Her direct holdings include 44,294 restricted stock units (RSUs) and 58,674 performance stock units (PSUs). These awards remain subject to a time-based vesting requirement, even though the company’s Human Resources and Compensation Committee has certified achievement of the applicable performance goals.
Was the MGPI CEO’s Form 4 transaction a typical stock sale?
No. The Form 4 identifies the transaction under code F, meaning shares were delivered or withheld as payment of exercise price or tax liability tied to equity awards, rather than sold in a discretionary open-market transaction for portfolio reasons.
What does the Human Resources and Compensation Committee’s certification mean for MGPI PSUs?
The committee has certified that performance goals for 58,674 PSUs were achieved, so those units now remain subject only to a time-based vesting requirement. They are not yet fully vested shares but will vest over time if continued service conditions are met.