Karen Seaberg - Jun 20, 2023 Form 4 Insider Report for MGP INGREDIENTS INC (MGPI)

Signature
Karen Seaberg
Stock symbol
MGPI
Transactions as of
Jun 20, 2023
Transactions value $
-$100,175
Form type
4
Date filed
6/21/2023, 10:41 AM
Previous filing
Jun 9, 2023
Next filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGPI common stock Sale -$100K -985 -0.61% $101.70 162K Jun 20, 2023 by Trust F1
holding MGPI common stock 2.27M Jun 20, 2023 by Cray MGP Holdings LP
holding MGPI common stock 88.3K Jun 20, 2023 by IRA
holding MGPI common stock 55.9K Jun 20, 2023 by GST Trust for LM
holding MGPI common stock 62.4K Jun 20, 2023 by GST Trust for MH
holding MGPI common stock 395K Jun 20, 2023 by Seaberg MGP Holdings
holding MGPI common stock 336 Jun 20, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents a weighted average price per share. These shares were sold in multiple transactions at prices ranging from $100.78 to $102.54 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., 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 this footnote.