MGP INGREDIENTS INC·4

Mar 6, 5:54 PM ET

Molamphy Kathleen Susan 4

Research Summary

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MGP Ingredients (MGPI) Chief Legal & HR Officer Receives 15,816-Share Award

What Happened

  • Kathleen Susan Molamphy, Chief Legal and Human Resources Officer of MGP Ingredients (MGPI), was granted two equity awards on March 5, 2026: 4,519 shares and 11,297 shares (total 15,816 units). Both awards were granted at $0 (award/grant code A) and represent restricted stock units (RSUs) and/or performance stock units (PSUs), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-05. Form filed: 2026-03-06 (filed the next day; not indicated as late).
  • Award amounts: 4,519 units and 11,297 units; total 15,816 units. Grant price reported as $0.
  • Vesting notes (from filing footnotes):
    • Some RSUs vest pro rata on March 5 of 2027, 2028 and 2029.
    • Other RSUs vest pro rata on March 5 of 2029 and 2030.
    • The filing states certain PSUs had their performance goals certified by the HR & Compensation Committee; those PSUs now remain subject only to time-based vesting.
    • Footnotes also reference holdings including 11,832 RSUs and 5,609 PSUs (and elsewhere 23,129 RSUs and 5,609 PSUs) that remain subject to time-based vesting after performance certification.
  • Shares owned after the reported transactions: not stated in the provided excerpt.

Context

  • These awards are compensation (RSUs/PSUs). RSUs convert to actual shares only as they vest; PSUs depend on performance metrics but here have been certified and now vest on a time schedule. Awards are neither immediate purchases nor sales and do not necessarily indicate near-term trading intent.