MGP INGREDIENTS INC·4

Feb 20, 6:17 PM ET

Lapish Erika 4

Research Summary

AI-generated summary

Updated

MGP Ingredients CHRO Erika Lapish Sells 241 Shares for Taxes

What Happened

  • Erika Lapish, Chief Human Resources Officer at MGP Ingredients (MGPI), disposed of 241 shares on 2026-02-20 to satisfy a tax liability (transaction code F). The shares were valued at $25.93 each for a total of approximately $6,249. This was a tax-withholding/cashless disposition rather than an open-market sale for investment purposes.

Key Details

  • Transaction date and price: 2026-02-20 at $25.93 per share
  • Shares disposed: 241; Total value: ~$6,249
  • Shares owned after transaction: filing footnote reports 6,131 shares of common stock and 2,990 restricted stock units
  • Footnote: F1 clarifies the post-transaction holdings (6,131 shares and 2,990 RSUs)
  • Timeliness: Report filed for the same reporting period (no late-file indication)

Context

  • Transaction code F denotes payment of an exercise price or tax liability; these withholdings are routine when restricted stock units vest or options are exercised and do not necessarily signal a change in the insider’s view of the company.