Caroline Lux Kaplan - 09 May 2025 Form 4 Insider Report for MGP INGREDIENTS INC (MGPI)

Role
10%+ Owner
Signature
/s/ Caroline Lux Kaplan
Issuer symbol
MGPI
Transactions as of
09 May 2025
Transactions value $
$-1,540,335
Form type
4
Filing time
13 May 2025, 16:54:49 UTC
Previous filing
31 Jul 2023
Next filing
20 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kaplan Caroline Lux 10%+ Owner C/O CHRIS ERBLICH, ESQ., 5060 NORTH 40TH STREET, SUITE 250, PHOENIX /s/ Caroline Lux Kaplan 13 May 2025 0001853834

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGPI Common Stock Sale $-454,481 -13,731 -2.15% $33.10 623,458 09 May 2025 By Trusts F1, F2
transaction MGPI Common Stock Sale $-1,085,854 -32,500 -5.21% $33.41 590,958 12 May 2025 By Trusts F3, F4
* 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 $32.87 to $33.55, 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 ranges set forth in footnote (1) to this Form 4.
F2 The shares in these transactions were sold by the Caroline L. Kaplan Revocable Trust dated 12/16/2009 ("Kaplan Trust"), of which Caroline L. Kaplan is the sole trustee, and constituted the sale of all remaining shares held by the Kaplan Trust. Caroline L. Kaplan is also the sole trustee of the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan dated 9/16/2005 ("Lux 2005 Caroline Trust"). As a result, the 623,458 shares beneficially owned by the Lux 2005 Caroline Trust are included in the aggregate indirect ownership of the reporting person. Accordingly, Caroline L. Kaplan may be deemed to hold sole voting and dispositive power with respect to all of the shares owned by the Kaplan Trust and the Lux 2005 Caroline Trust.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.98 to $33.62, 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 ranges set forth in footnote (3) to this Form 4.
F4 The shares in these transactions were sold by the Lux 2005 Caroline Trust. As noted above, Caroline L. Kaplan is also the sole trustee of the Kaplan Trust. Following the completion of these sales, 0 shares beneficially owned by the Kaplan Trust and 590,958 shares beneficially owned by the Lux 2005 Caroline Trust are included in the aggregate indirect ownership of the reporting person. Accordingly, Caroline L. Kaplan may be deemed to hold sole voting and dispositive power with respect to all of the shares owned by the Kaplan Trust and the Lux 2005 Caroline Trust.

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.