Donn S. Lux - 13 May 2025 Form 4 Insider Report for MGP INGREDIENTS INC (MGPI)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: MGPI
Reported as of: 13 May 2025
Net transaction value: -$3,270,955
SEC form: 4
Accepted by SEC: 15 May 2025, 16:09:30 UTC
Prior SEC filing: 12 Mar 2025
Source filing: View source filing
Reporting owner signature: /s/ Donn S. Lux

Key filing fact

Donn S. Lux filed Form 4 for MGP INGREDIENTS INC (MGPI) on 15 May 2025.

Key facts

This page summarizes Donn S. Lux's Form 4 filing for MGP INGREDIENTS INC (MGPI).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 15 May 2025, 16:09.

Change

Previous filing in this sequence was filed on 12 Mar 2025.
Current net transaction value: -$3,270,955.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001853861 Primary reporting owner

Lux Donn S.

Relationship: Director, 10%+ Owner
Address: 100 COMMERCIAL STREET, ATCHISON
Signature: /s/ Donn S. Lux
Signature date: 15 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MGPI transaction

Common Stock

Sale

Transaction value: $1,652,290
Shares: -50,000
Change %: -2%
Price: $33.05
Shares after: 2,488,264
Date: 13 May 2025
Ownership: By Trusts
Footnotes: F1, F2

MGPI transaction

Common Stock

Sale

Transaction value: $1,618,665
Shares: -50,000
Change %: -2%
Price: $32.37
Shares after: 2,438,264
Date: 14 May 2025
Ownership: By Trusts
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.61 to $33.34, 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.

Footnote 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 2,438,264 Shares held by the Luxco Trust, the Lux 2005 Donn Trust and the Lux 2005 QSST Trust, collectively, following the transactions reported on this Form 4.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.945 to $32.71, 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.

SEC 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.