Federated Hermes (MGPI) discloses 1.19M shares, 5.59% ownership (amendment)
Rhea-AI Filing Summary
Federated Hermes, Inc. amends its Schedule 13G to report shared beneficial ownership of 1,193,760 shares of MGP Ingredients Inc common stock, representing 5.59% of the class as shown on the cover pages.
The filing lists Federated Hermes, the Voting Shares Irrevocable Trust, and three individuals as reporting persons and includes a joint-filing statement and a Rule 13d-4 disclaimer that they do not admit beneficial ownership of securities held by managed funds. Signatures are dated 04/07/2026 and the cover shows 03/31/2026.
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Insights
Federated Hermes reports a 5.59% shared stake (1,193,760 shares) in MGP Ingredients.
The Schedule 13G/A amendment records shared voting and dispositive power over 1,193,760 shares, consistent with passive or managed-fund holdings disclosed under Rule 13d-4. The filing includes a joint-filing agreement and powers of attorney.
Disclosures include a Rule 13d-4 disclaimer that the reporting persons "expressly disclaim beneficial ownership" of securities held by managed funds; timing and trading intent are not stated in the excerpt.
This is an ownership disclosure amendment with standard joint-filing and disclaimer language.
The filing clarifies allocation of voting and dispositive power as "shared" for the listed individuals and the trust, documenting an aggregated 5.59% position. The exhibit list references classification, joint-filing agreement, and power of attorney attachments.
Absent are statements about strategic intentions, changes in ownership level versus prior filings, or plans to acquire or dispose; subsequent filings would be needed for transactional context.
Key Figures
Key Terms
Schedule 13G/A regulatory
Rule 13d-4 regulatory
Beneficial ownership financial
Joint-filing agreement regulatory
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