Karen Seaberg - 11 Mar 2025 Form 4/A - Amendment Insider Report for MGP INGREDIENTS INC (MGPI)

Signature
Karen Seaberg
Issuer symbol
MGPI
Transactions as of
11 Mar 2025
Net transactions value
-$427,254
Form type
4/A - Amendment
Filing time
12 Mar 2025, 10:59:16 UTC
Date Of Original Report
11 Mar 2025
Previous filing
11 Mar 2025
Next filing
13 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGPI common stock Sale $174,291 -5,348 -1.5% $32.59 358,899 11 Mar 2025 by Seaberg MGP Holdings F1, F2, F3
transaction MGPI common stock Sale $252,962 -8,028 -2.2% $31.51 350,476 11 Mar 2025 by Seaberg MGP Holdings F4, F5
* 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 This Form 4/A is an amendment to the Form 4 filed on March 11, 2025 for the same transaction. This filing corrects the transaction code in column 3 of Table I from "P" - a purchase - to "S" - a sale, and changes Column 4 of Table I from "A" - Securities Acquired to "D" - Securities Disposed of.
F2 These shares were sold pursuant to a Rule 10b5-1(c) trading plan adopted by the reporting person on March 12 , 2024.
F3 Represents a weighted average price per share. These shares were sold in multiple transactions at prices ranging from $32.29 to $32.90 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.
F4 This Form 4/A is an amendment to the Form 4 filed on March 11, 2025 for the same transaction. This filing corrects the transaction code in column 3 of Table I from "P" - a purchase - to "S" - a sale.
F5 Represents a weighted average price per share. These shares were sold in multiple transactions at prices ranging from $31.14 to $31.96 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.

Remarks:

This Form 4/A is an amendment to the Form 4 filed on March 11, 2025 solely to correct the inadvertent administrative errors described in footnotes [1] and [4]. Other than the foregoing, no changes have been made to the original Form 4.