SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose Negligible Passive Stake in MGP Ingredients Inc.
Beneficial Ownership Statement
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing a 0.0% beneficial ownership stake in MGP Ingredients Inc. as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson are the reporting persons in this Schedule 13G Amendment No. 1 filing.
- As of December 31, 2024, the reporting persons beneficially own an aggregate of 6,879.25 shares of MGP Ingredients Inc. common stock.
- This beneficial ownership represents 0.0% of the class of MGP Ingredients Inc. common stock.
- FMR LLC holds sole voting power over 5,505.00 shares and sole dispositive power over 6,879.25 shares.
- Abigail P. Johnson holds sole dispositive power over 6,879.25 shares, with no sole or shared voting power.
- FMR LLC is classified as a parent holding company or control person.
- Abigail P. Johnson is identified as a Director, Chairman, and Chief Executive Officer of FMR LLC, and a predominant owner of FMR LLC's voting common shares through the Johnson family group.
- The filing reflects beneficial ownership by FMR LLC, its subsidiaries (FIAM LLC, Fidelity Management & Research Company LLC, Strategic Advisers LLC), and affiliates.
- The reporting persons have certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing disclosing a negligible passive ownership stake, providing no direct positive or negative sentiment regarding the issuer's performance or outlook.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Industry Context
This filing is a routine disclosure of an institutional investor's passive ownership stake and does not provide specific insights into MGP Ingredients Inc.'s industry trends or competitive landscape.
Stakeholder Impact
- Given the 0.0% beneficial ownership stake, the direct impact on shareholders, employees, customers, suppliers, and creditors of MGP Ingredients Inc. is negligible.
Key Dates
| Date | Description |
|---|---|
| January 3, 2023 | Effective date of Power of Attorney for FMR LLC. |
| January 10, 2023 | Date of Schedule 13G filing by FMR LLC (accession number -23-000003) referenced for Power of Attorney. |
| January 26, 2023 | Effective date of Power of Attorney for Abigail P. Johnson. |
| January 31, 2023 | Date of Schedule 13G filing by FMR LLC (accession number -23-000038) referenced for Power of Attorney. |
| December 31, 2024 | Date of event which requires filing of this statement. |
| February 11, 2025 | Date of signing and filing of this Schedule 13G Amendment No. 1. |
Keywords
MGP Ingredients Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, institutional investor, Fidelity
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