Francis Julie Maria 4

What Happened

• Julie Maria Francis, President & CEO and a director of MGP Ingredients, received an award of 30,569 restricted stock units (RSUs) on March 5, 2026. The filing reports the acquisition price as $0.00 (total $0) — this is a compensation grant, not an open-market purchase or sale.
• These RSUs will vest on a pro rata basis on each of March 5, 2027, 2028, and 2029 (see footnote F1).

Key Details

• Transaction date and type: 2026-03-05 — Award/Grant (code A).
• Shares/units granted: 30,569 RSUs; price reported: $0.00; total value reported: $0.
• Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
• Notable footnotes:
  • F1: Award vests pro rata on 3/5/2027, 3/5/2028, and 3/5/2029.
  • F2: Filing notes there are 51,156 RSUs and 58,674 performance stock units (PSUs) that remain subject to time-based vesting after the Compensation Committee certified achievement of PSU performance goals.
• Filing date: Report filed 2026-03-06 for a 2026-03-05 transaction (filing appears timely).

Context

• RSU grants are a common form of executive compensation and do not represent an immediate cash purchase or sale. They convert into shares only as they vest and any associated tax-withholding or sale-for-tax may occur at vesting.
• The presence of PSUs (performance stock units) noted in the filing indicates some awards are contingent on performance metrics; the Committee has certified achievement of those performance goals, but time-based vesting still applies. This filing is informational about compensation, not a direct insider buy/sell signal.