Form 4: MGP Ingredients Executive Brandon Gall Reports Stock Disposal
SEC Form 4 Filing
Brandon Gall, Interim President & CEO and CFO of MGP Ingredients, reports the disposal of 1,908 shares of common stock to cover tax obligations.
Summary
- On February 12, 2025, Brandon Gall, Interim President & CEO and CFO of MGP Ingredients, disposed of 1,908 shares of common stock.
- The transaction was executed at a price of $31.84 per share.
- Following the transaction, Gall directly owns 52,476 shares of MGP Ingredients, consisting of 21,761 shares of common stock and 30,715 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction related to tax obligations. It doesn't indicate any significant positive or negative implications for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a routine transaction, likely related to tax obligations associated with equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares and is likely related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of stock disposal transaction. |
| 02/13/2025 | Date of Form 4 filing. |
Keywords
MGP Ingredients, Brandon Gall, Form 4, Stock Disposal, Insider Trading, Executive Compensation, MGPI
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