Form 4: MGP Ingredients Director Karen Seaberg Transfers Shares to Trust
SEC Form 4 Filing
Director Karen Seaberg reports transferring 733 shares of MGP Ingredients common stock to a trust on August 19, 2024.
Summary
- Karen Seaberg, a director of MGP Ingredients Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On August 19, 2024, she acquired 733 shares of common stock through direct ownership and simultaneously disposed of 733 shares by transferring them to a trust.
- Following these transactions, Seaberg directly owns 0 shares and indirectly owns 139,390 shares through a trust.
- She also indirectly owns shares through Cray MGP Holdings LP (2,134,601 shares), an IRA (87,087 shares), a GST Trust for LM (54,762 shares), a GST Trust for MH (61,701 shares), and Seaberg MGP Holdings (386,764 shares).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance. It reflects personal financial planning by a company director.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of transaction: Acquisition and disposal of 733 shares of common stock. |
| 08/20/2024 | Date of signature on the Form 4. |
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