Gall Brandon 4

What Happened

• Brandon Gall, Chief Financial Officer of MGP Ingredients, received equity awards on March 5, 2026. The Form 4 reports two grant entries totaling 21,979 shares (8,024 and 13,955) acquired at $0.00 per share (award/grant, code A). These are equity awards (restricted stock units / performance stock units) rather than open‑market purchases or sales.

Key Details

• Transaction date: 2026-03-05; filing date (Form 4): 2026-03-06 (timely).
• Grants: 8,024 units @ $0.00 and 13,955 units @ $0.00 — total 21,979 units granted.
• Shares owned after transaction: not reported in this Form 4.
• Footnotes included in the filing:
  • F1: Restricted stock units vest pro rata on March 5, 2027, 2028, and 2029.
  • F3: Restricted stock units vest pro rata on March 5, 2029 and 2030.
  • F2/F4: Note that certain awards “include” previously disclosed units (e.g., 28,213 RSUs and 13,687 PSUs in F2; 42,168 RSUs and 13,687 PSUs in F4) that remain subject to time‑based vesting after the compensation committee certified achievement of performance goals for the PSUs.
• Transaction code: A = Award/Grant.

Context

• Restricted stock units (RSUs) and performance stock units (PSUs) are grants that convert to shares only after vesting conditions (time and/or performance) are met; they do not represent immediate cash proceeds or open‑market buying/selling.
• The filing indicates performance goals were certified for certain PSUs, so those units are now subject only to remaining time‑based vesting. Awards like these are routine compensation for executives and are not direct indicators of buying or selling sentiment.