BlackRock, Inc. reported a passive ownership stake in MGP Ingredients, Inc. common stock on a Schedule 13G. BlackRock reported beneficial ownership of 1,108,095 shares, representing 5.2% of the outstanding common stock. Of these, 1,089,572 shares carry sole voting power and all 1,108,095 shares are subject to BlackRock’s sole dispositive power, with no shared voting or dispositive authority reported.
The filing notes that the reported position aggregates holdings of certain BlackRock business units that are treated as a single reporting group, excluding other units whose ownership is disaggregated under SEC guidance. Various underlying clients have rights to dividends or sale proceeds, but no single client exceeds five percent of MGP Ingredients’ outstanding common shares.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:1,108,095 sharesPercent of class:5.2%Sole voting power:1,089,572 shares+3 more
6 metrics
Beneficial ownership1,108,095 sharesCommon stock of MGP Ingredients, Inc. reported as beneficially owned by BlackRock, Inc.
Percent of class5.2%Portion of MGP Ingredients’ outstanding common stock beneficially owned by BlackRock, Inc.
Sole voting power1,089,572 sharesShares for which BlackRock has sole power to vote or direct the vote
Shared voting power0 sharesShares for which BlackRock has shared power to vote or direct the vote
Sole dispositive power1,108,095 sharesShares for which BlackRock has sole power to dispose or direct disposition
Shared dispositive power0 sharesShares for which BlackRock has shared power to dispose or direct disposition
Key Terms
Schedule 13G, beneficially owned, Sole Voting Power, dispositive power, +1 more
5 terms
Schedule 13Gregulatory
"BlackRock, Inc. reported a passive ownership stake on a Schedule 13G."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially ownedfinancial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Powerfinancial
"5 | Sole Voting Power 1,089,572.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive powerfinancial
"Sole Dispositive Power 1,108,095.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
parent holding companyregulatory
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
What percentage of MGP Ingredients (MGPI) does BlackRock currently own?
BlackRock reports beneficial ownership of 5.2% of MGP Ingredients’ common stock, representing 1,108,095 shares. This stake is disclosed on a Schedule 13G, indicating a passive investment rather than an activist or control position.
How many MGPI shares does BlackRock have voting power over?
BlackRock has sole voting power over 1,089,572 shares of MGP Ingredients’ common stock and no shared voting power. This figure reflects the shares for which BlackRock can vote or direct the voting.
What is the difference between BlackRock’s voting and dispositive power in MGPI?
BlackRock reports sole voting power over 1,089,572 shares but sole dispositive power over 1,108,095 shares. Dispositive power covers the ability to sell or direct the sale of the shares, which is slightly higher than the voting amount.
Do any of BlackRock’s underlying clients own more than 5% of MGPI?
The filing states that various persons have rights to dividends or sale proceeds, but no one person’s interest in MGP Ingredients’ common stock exceeds five percent of the total outstanding common shares.
Is BlackRock’s stake in MGP Ingredients reported as a control position?
No, the stake is reported on a Schedule 13G, which is used for passive ownership. BlackRock aggregates holdings of certain business units, while other units’ holdings are disaggregated under SEC Release No. 34-39538.
Who signed the BlackRock ownership report for MGP Ingredients (MGPI)?
The Schedule 13G was signed by Spencer Fleming, identified as a Managing Director at BlackRock, Inc. A Power of Attorney is included as Exhibit 24 to support the signing authority.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
MGP INGREDIENTS INC
(Name of Issuer)
Common Stock
(Title of Class of Securities)
55303J106
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
55303J106
1
Names of Reporting Persons
BlackRock, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,089,572.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,108,095.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,108,095.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
MGP INGREDIENTS INC
(b)
Address of issuer's principal executive offices:
Cray Business Plaza 100 Commercial Street Box 130 Atchison KS 66002
Item 2.
(a)
Name of person filing:
BlackRock, Inc.
In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)
Address or principal business office or, if none, residence:
BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)
Citizenship:
See Item 4 of Cover Page
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
55303J106
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1108095
(b)
Percent of class:
5.2 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
1089572
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
1108095
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of MGP INGREDIENTS INC. No one person's interest in the common stock of MGP INGREDIENTS INC is more than five percent of the total outstanding common shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit 99
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.