Form 4: Golden Growers Director Gifts Membership Units

Golden Growers Cooperative Director David J. Kragnes reported gifting 16,000 membership units on December 31, 2025, under a Rule 10b5-1 plan.

Summary

• David J. Kragnes, a Director and 10% Owner of Golden Growers Cooperative, reported a disposition of membership units.
• The transaction occurred on December 31, 2025, and was a gift (transaction code G).
• A total of 12,000 direct membership units and 4,000 indirect membership units (by spouse) were gifted at a price of $0 per unit.
• Following the transaction, Kragnes directly beneficially owns 73,500 membership units and indirectly owns 5,000 membership units through his spouse.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged disposition.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (gift of membership units) executed under a Rule 10b5-1 plan, which is a neutral event with no direct operational or financial impact on the company's performance.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged disposition not based on new material non-public information.

Negatives

• No direct negative financial or operational impact on the company is indicated by this routine insider transaction.

Future Outlook

This filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports a routine insider transaction and does not provide information to analyze broader industry trends or competitor activities. Insider transactions are common across all industries.

Related Party Transactions

• The disposition of membership units by gift could be considered a related party transaction if the recipient is a related party, though the filing does not specify the recipient. It is a transaction between the insider and an unspecified party.

Stakeholder Impact

• Shareholders: Minimal impact, as it represents a change in ownership for one insider, not a change in the company's fundamentals or operations.
• Reporting Person (David J. Kragnes): Reduced direct and indirect beneficial ownership in the company.

Key Dates

Keywords

Golden Growers Cooperative, GGROU, Form 4, Insider Transaction, Director, Beneficial Ownership, Membership Units, Gift, Rule 10b5-1