SCHEDULE: Federated Hermes Discloses 6.75% Stake in MGP Ingredients

Federated Hermes, Inc. and affiliated entities reported a 6.75% beneficial ownership stake in MGP Ingredients, Inc. common stock as of December 31, 2025.

Summary

• Federated Hermes, Inc., along with the Voting Shares Irrevocable Trust and its trustees (Thomas R. Donahue, Ann C. Donahue, and J. Christopher Donahue), collectively reported beneficial ownership of 1,437,836 shares of MGP Ingredients, Inc. common stock.
• This aggregate amount represents 6.75% of MGP Ingredients, Inc.'s outstanding common stock.
• Federated Hermes, Inc. and the Voting Shares Irrevocable Trust each hold sole voting and dispositive power over 1,437,836 shares.
• Thomas R. Donahue, Ann C. Donahue, and J. Christopher Donahue each hold shared voting and dispositive power over 1,437,836 shares.
• The reporting persons explicitly disclaim beneficial ownership of these securities, stating the report should not be construed as an admission of such ownership, in accordance with Rule 13d-4 under the Exchange Act.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine disclosure of beneficial ownership by an institutional investor group without any specific positive or negative implications for the issuer's operations or financial performance.

Future Outlook

This filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding MGP Ingredients, Inc.'s future performance.

Management Comments

• Federated Hermes, Inc.; the Voting Shares Irrevocable Trust; Thomas R. Donahue; Ann C. Donahue; and J. Christopher Donahue declare that this report should not be construed as an admission that any of them is the beneficial owner of the securities held by any of the Managed Funds.
• Each of Federated Hermes, Inc.; the Voting Shares Irrevocable Trust; Thomas R. Donahue; Ann C. Donahue; and J. Christopher Donahue expressly disclaim beneficial ownership of such securities.

Industry Context

This filing is a standard regulatory disclosure for institutional investors, indicating a significant passive ownership stake in a publicly traded company. Such disclosures are common and provide transparency regarding major shareholders, reflecting routine portfolio management activities.

Comparison to Industry Standards

• Not applicable. This filing is a regulatory disclosure of beneficial ownership and does not contain operational or financial results that can be compared to industry benchmarks or specific comparable companies/projects.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake in MGP Ingredients, Inc.

Key Dates

Keywords

MGP Ingredients, Federated Hermes, Schedule 13G, beneficial ownership, institutional investor, common stock, investment