Kaplan Caroline Lux 4
4 · MGP INGREDIENTS INC · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
MGP Ingredients (MGPI) 10% Owner Caroline L. Kaplan Sells Shares
What Happened
- Caroline L. Kaplan, reported as a 10% owner (via the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan), sold a total of 60,000 shares of MGP Ingredients Inc. (MGPI) in two open-market/private sales.
- On 2026-05-26 she sold 30,000 shares for total proceeds of $534,675 (weighted avg price $17.82). On 2026-05-27 she sold 30,000 shares for total proceeds of $545,373 (weighted avg price $18.18). Combined proceeds were $1,080,048.
- These were sales (not purchases or option exercises), which are often routine portfolio transactions and do not by themselves indicate company performance.
Key Details
- Transaction dates/prices: 2026-05-26 — 30,000 shares @ weighted avg $17.82 (prices ranged $17.715–$18.02 per footnote); 2026-05-27 — 30,000 shares @ weighted avg $18.18 (prices ranged $17.935–$18.395 per footnote).
- Shares owned after transaction: The filing states 470,958 shares remain beneficially owned by the Lux 2005 Caroline Trust and are included in the reporting person’s aggregate indirect ownership; Caroline L. Kaplan may be deemed to hold sole voting and dispositive power over those trust shares (see footnote 3).
- Filing timeliness: Reported on Form 4 filed 2026-05-28 for transactions on 2026-05-26–27 (filed within the standard two-business-day window).
- Footnotes: Weighted-average prices reported; the filer offers to provide per-transaction price breakdowns on request. The filer disclaims beneficial ownership except to the extent of pecuniary interest and notes potential group status under a previously disclosed shareholders agreement.
Context
- This filing reflects sales by a large (10%) shareholder via a trust, not an option exercise or award. Such sales are commonly for diversification or liquidity reasons and should be viewed as ownership reduction rather than a direct commentary on company fundamentals.
Insider Transaction Report
Form 4
Kaplan Caroline Lux
10% Owner
Transactions
- Sale
Common Stock
[F1][F3]2026-05-26$17.82/sh−30,000$534,675→ 500,958 total(indirect: By Trust) - Sale
Common Stock
[F2][F3]2026-05-27$18.18/sh−30,000$545,373→ 470,958 total(indirect: By Trust)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.715 per share to $18.02 per share, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.935 per share to $18.395 per share, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4.
- [F3]The shares in these transactions were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan dated 9/16/2005, Caroline Lux Kaplan sole Trustee ("Lux 2005 Caroline Trust"). Following the completion of these sales, 470,958 shares beneficially owned by the Lux 2005 Caroline Trust are included in the aggregate indirect ownership of the reporting person. Accordingly, Caroline L. Kaplan may be deemed to hold sole voting and dispositive power with respect to all of the shares owned by the Lux 2005 Caroline Trust.
Signature
/s/ Caroline Lux Kaplan|2026-05-28