Form 4: MGP Ingredients Director Karen Seaberg Sells Shares Under 10b5-1 Plan

Director Karen Seaberg sold shares of MGP Ingredients Inc. on May 1, 2025, under a pre-arranged Rule 10b5-1(c) trading plan.

Summary

• On May 1, 2025, Karen Seaberg, a director of MGP Ingredients Inc., sold 10,609 shares of common stock at a weighted average price of $30.65 per share.
• Additionally, Seaberg sold 1,592 shares at a weighted average price of $31.25 per share.
• These transactions were executed under a Rule 10b5-1(c) trading plan adopted on March 12, 2024.
• Following these sales, Seaberg continues to indirectly own a significant amount of MGP Ingredients Inc. stock through various trusts and holdings.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales by an insider, which is neutral in sentiment.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure of stock sales by a company insider and doesn't necessarily indicate a broader trend within the industry.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders, but the existence of a 10b5-1 plan suggests the sales were pre-planned and not based on current company performance.

Key Dates

Keywords

MGP Ingredients Inc, Karen Seaberg, Form 4, Stock Sale, Rule 10b5-1, Director, MGPI