Karen Seaberg - Aug 20, 2025 Form 4 Insider Report for MGP INGREDIENTS INC (MGPI)

Role
Director, 10%+ Owner
Signature
/s/ Karen Seaberg
Stock symbol
MGPI
Transactions as of
Aug 20, 2025
Transactions value $
$0
Form type
4
Date filed
8/21/2025, 04:20 PM
Previous filing
May 2, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Seaberg Karen Director, 10%+ Owner 20073 266TH ROAD, ATCHISON /s/ Karen Seaberg 2025-08-21 0001471262

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MGPI Forward Sale Contract (Obligation to Sell) Other $0 -1 -100% $0.00 0 Aug 20, 2025 Common Stock By Cray MGP Holdings LP F1, F2
transaction MGPI Forward Sale Contract (Obligation to Sell) Other $0 -1 -100% $0.00 0 Aug 20, 2025 Common Stock By Cray MGP Holdings LP F1, F3
transaction MGPI Forward Sale Contract (Obligation to Sell) Other +1 1 Aug 20, 2025 Common Stock By Cray MGP Holdings LP F1, F2
transaction MGPI Forward Sale Contract (Obligation to Sell) Other +1 1 Aug 20, 2025 Common Stock By Cray MGP Holdings LP F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is the sole manager of Cray Family Management, LLC ("Cray Management"), which is the general partner of Cray MGP Holdings, LP. On June 7, 2023, Cray MGP Holdings LP and Cray Management entered into separate redemption agreements with two of the limited partners of Cray MGP Holdings, LP. Among other things, each agreement obligated Cray MGP Holdings, LP to deliver to the respective redeemed limited partner an indeterminable number of shares of the Issuer's common stock (the "Future Closing Shares") on September 5, 2025 (the "Final Delivery Date"). On August 20, 2025, Cray MGP Holdings LP, Cray Management and the aforementioned limited partners of Cray MGP Holdings, LP entered into amendments to their respective redemption agreements dated as of June 7, 2023, pursuant to which the parties agreed to change the Final Delivery Date from September 5, 2025 to September 5, 2026.
F2 The number of Future Closing Shares deliverable to this redeemed limited partner on the delivery date is determined by dividing one-third of $18,126,832.39 by the last reported sales price on the fifth trading day immediately prior to the delivery date.
F3 The number of Future Closing Shares deliverable to this redeemed limited partner on the delivery date is determined by dividing one-third of $18,124,909.32 by the last reported sales price on the fifth trading day immediately prior to the delivery date.