Form 4: MGP Ingredients Director Caroline Lux Kaplan Sells Shares

Director Caroline Lux Kaplan sold shares of MGP Ingredients Inc. in multiple transactions on May 9 and May 12, 2025.

Summary

• Caroline Lux Kaplan, a director of MGP Ingredients Inc. (MGPI), reported the sale of company stock.
• On May 9, 2025, Kaplan sold 13,731 shares of common stock at a weighted average price of $33.0989 per share, in transactions ranging from $32.87 to $33.55.
• On May 12, 2025, Kaplan sold 32,500 shares of common stock at a weighted average price of $33.4109 per share, in transactions ranging from $32.98 to $33.62.
• The sales were executed by the Caroline L. Kaplan Revocable Trust and the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan, for which Caroline L. Kaplan serves as the sole trustee.
• Following these transactions, Kaplan indirectly owns 590,958 shares through the Lux 2005 Caroline Trust.
• Kaplan disclaims beneficial ownership of the shares except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock sales by a company insider. It's common for directors and officers to periodically sell shares for personal financial management reasons.

Stakeholder Impact

• The stock sales could have a minor, temporary impact on the stock price, but are unlikely to have a significant long-term effect on shareholders.
• The sales do not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

MGP Ingredients, MGPI, Caroline Lux Kaplan, stock sale, Form 4, director, beneficial ownership, trust