MGP INGREDIENTS INC·4

May 15, 4:39 PM ET

Lowry Jennifer Elaine 4

Research Summary

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MGP Ingredients (MGPI) Director Jennifer Lowry Receives Award

What Happened

  • Jennifer Elaine Lowry, a director of MGP Ingredients, was granted 5,801 shares on May 14, 2026. The Form 4 lists the transaction as an award/acquisition (Code A) at $0.00 per share (total cash paid = $0), i.e., a compensation grant rather than a market purchase.

Key Details

  • Transaction date: 2026-05-14; Form 4 filed: 2026-05-15 (appears timely — within one business day).
  • Transaction type and amount: Award/Grant (A) of 5,801 shares at $0.00.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes: F1 — this represents an annual award of unrestricted common shares for director service. F2 — filing notes inclusion of 2,812 restricted stock units in reported holdings.
  • No indication of a 10b5-1 plan, sale, or tax-withholding share surrender reported in this transaction.

Context

  • Director awards are a routine part of compensation and do not necessarily signal the director’s view of near-term stock performance. The filing indicates the grant was an annual unrestricted share award, while also noting 2,812 RSUs in holdings; RSUs typically vest over time, whereas unrestricted shares are owned immediately.