Donn S. Lux - 11 Mar 2025 Form 4 Insider Report for MGP INGREDIENTS INC (MGPI)

Signature
/s/ Donn S. Lux
Issuer symbol
MGPI
Transactions as of
11 Mar 2025
Transactions value $
-$3,166,483
Form type
4
Filing time
12 Mar 2025, 16:49:34
Previous filing
16 May 2024
Next filing
15 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGPI Common Stock Sale -$2.54M -80.6K -3.06% $31.50 2.56M 11 Mar 2025 By Trusts F1, F2
transaction MGPI Common Stock Sale -$627K -19.4K -0.76% $32.35 2.54M 11 Mar 2025 By Trusts F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.115 to $32.114, 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 sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 The shares in this transaction were sold by the LUXCO 2017 Irrevocable Trust dated June 19, 2017 ("Luxco Trust"). Donn S. Lux is the sole investment trustee of the Luxco Trust. Donn S. Lux also is the sole trustee of the Ann S. Lux 2005 Irrevocable Trust FBO Donn S. Lux dated 9/16/2005 ("Lux 2005 Donn Trust") and the Ann S. Lux 2005 Irrevocable Trust FBO Donn S. Lux QSST LRD dated 9/16/2005 ("Lux 2005 QSST Trust") Accordingly, Donn S. Lux may be deemed to hold sole voting and dispositive power with respect to the 2,538,264 Shares held by the Luxco Trust, the Lux 2005 Donn Trust and the Lux 2005 QSST Trust.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.115 to $32.715, 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 sold at each separate price within the ranges set forth in footnote (3) to this Form 4.

Remarks:

The Reporting Person 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 his pecuniary interest therein.