SCHEDULE: Vanguard Group Reports Zero MGP Ingredients Ownership

The Vanguard Group has amended its Schedule 13G for MGP Ingredients Inc., reporting 0% beneficial ownership following an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 2 to its Schedule 13G for MGP Ingredients Inc. common stock.
• The filing indicates that The Vanguard Group now holds 0.00 shares, representing 0% of the class of securities.
• This change is a result of an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of Vanguard will now report beneficial ownership separately (on a disaggregated basis) in reliance on SEC Release No. 34-39538.
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral for MGP Ingredients Inc. as it primarily reflects an internal reporting change by The Vanguard Group rather than a change in investment sentiment or company fundamentals.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding MGP Ingredients Inc.'s future performance or The Vanguard Group's investment strategies beyond the reporting structure change.

Management Comments

• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct." Ashley Grim, Head of Global Fund Administration, The Vanguard Group.

Industry Context

StockSavvy.ai notes that internal realignments within large asset managers like The Vanguard Group are not uncommon and typically reflect organizational or regulatory compliance adjustments rather than a change in investment thesis for the underlying holdings. The disaggregated reporting aligns with established SEC guidance for complex organizational structures.

Stakeholder Impact

• Shareholders of MGP Ingredients Inc. will see a change in the reported beneficial ownership by The Vanguard Group, with its direct ownership now reported as 0%. However, Vanguard's underlying investment exposure through its subsidiaries may remain, just reported differently.

Key Dates

Keywords

MGP Ingredients, Vanguard Group, Schedule 13G, Beneficial Ownership, SEC Filing, Common Stock, Institutional Ownership