Pasagic Amel 4
Research Summary
AI-generated summary
MGP Ingredients (MGPI) CCO Amel Pasagic Sells 2,271 Shares
What Happened
- Amel Pasagic, Chief Commercial Officer of MGP Ingredients (MGPI), had a total of 2,271 shares disposed of to satisfy tax withholding obligations related to equity awards. The transactions were recorded as dispositions (code F) rather than open-market sales.
- Transactions: 744 shares on 2026-02-14 at $25.74 each for $19,151; and 1,527 shares on 2026-02-16 at $25.74 each for $39,305 — total value about $58,456.
Key Details
- Transaction dates and prices: 2026-02-14 — 744 shares at $25.74; 2026-02-16 — 1,527 shares at $25.74.
- Transaction type: Code F — payment of exercise price or tax liability (shares withheld to satisfy taxes).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 notes 4,114 shares of common stock and 8,246 restricted stock units; F2 notes 6,278 shares of common stock and 4,555 restricted stock units (these relate to the underlying awards/settlements referenced in the filing).
- Filing timeliness: Form filed 2026-02-18; no late-filing flag is indicated in the provided excerpt.
Context
- These dispositions are tax-withholding events (common when restricted stock units vest or options are exercised) and are not open-market sales signaling a decision to liquidate holdings.
- For retail investors, tax-withholding share dispositions are routine and generally less informative about insider sentiment than purchases or voluntary sales.