MGPI · Mgp Ingredients Inc
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
Insider Sentiment Score
Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-08-04 | Francis Julie Maria |
Director, President & CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Includes 44,294 restricted stock units and 58,674 performance stock units which remain subject to a time-based vesting requirement as the Issuer's Human Resources and Compensation Committee has certified the achievement of the performance goals for these performance stock units. |
Common Stock
|
1,994 |
| 2026-07-02 | Roper Martin |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an award of unrestricted shares of common stock issued by MGP Ingredients, Inc. in lieu of a cash retainer in connection with the Reporting Person's service as a director. Includes 3,180 restricted stock units. |
Common Stock
|
2,232 |
| 2026-05-27 | Kaplan Caroline Lux |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.935 per share to $18.395 per share, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4. The shares in these transactions were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan dated 9/16/2005, Caroline Lux Kaplan sole Trustee ("Lux 2005 Caroline Trust"). Following the completion of these sales, 470,958 shares beneficially owned by the Lux 2005 Caroline Trust are included in the aggregate indirect ownership of the reporting person. Accordingly, Caroline L. Kaplan may be deemed to hold sole voting and dispositive power with respect to all of the shares owned by the Lux 2005 Caroline Trust. |
Common Stock
(I)
|
30,000 |
| 2026-05-26 | Kaplan Caroline Lux |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.715 per share to $18.02 per share, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4. The shares in these transactions were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan dated 9/16/2005, Caroline Lux Kaplan sole Trustee ("Lux 2005 Caroline Trust"). Following the completion of these sales, 470,958 shares beneficially owned by the Lux 2005 Caroline Trust are included in the aggregate indirect ownership of the reporting person. Accordingly, Caroline L. Kaplan may be deemed to hold sole voting and dispositive power with respect to all of the shares owned by the Lux 2005 Caroline Trust. |
Common Stock
(I)
|
30,000 |
| 2026-05-14 | Mingus Lori L.S. |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an annual award of unrestricted shares of common stock granted by MGP Ingredients, Inc. in connection with the Reporting Person's service as a director. |
Common Stock
|
5,801 |
| 2026-05-14 | Siwak Todd B. |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an annual award of unrestricted shares of common stock granted by MGP Ingredients, Inc. in connection with the Reporting Person's service as a director. |
Common Stock
|
5,801 |
| 2026-05-14 | Romero Mercedes |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an annual award of unrestricted shares of common stock granted by MGP Ingredients, Inc. in connection with the Reporting Person's service as a director. |
Common Stock
|
5,801 |
| 2026-05-14 | GERKE THOMAS A |
Gen. Counsel & Chief Admin Off |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an annual award of unrestricted shares of common stock granted by MGP Ingredients, Inc. in connection with the Reporting Person's service as a director. |
Common Stock
|
5,801 |
| 2026-05-14 | LOPEZ GERARDO I |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an annual award of unrestricted shares of common stock granted by MGP Ingredients, Inc. in connection with the Reporting Person's service as a director. Includes 3,180 restricted stock units. |
Common Stock
|
5,801 |
| 2026-05-14 | Roper Martin |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an annual award of unrestricted shares of common stock granted by MGP Ingredients, Inc. in connection with the Reporting Person's service as a director. Includes 3,180 restricted stock units. |
Common Stock
|
5,801 |
| 2026-05-14 | Lowry Jennifer Elaine |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an annual award of unrestricted shares of common stock granted by MGP Ingredients, Inc. in connection with the Reporting Person's service as a director. Includes 2,812 restricted stock units. |
Common Stock
|
5,801 |
| 2026-05-13 | Romero Mercedes |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2026-05-01 | Francis Julie Maria |
Director, President & CEO |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Stock option award will vest on a pro rata basis on each of May 1, 2029 and 2030. |
Stock Option (Right to Buy)
|
150,000 |
| 2026-04-02 | Roper Martin |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an award of unrestricted shares of common stock issued by MGP Ingredients, Inc. in lieu of a cash retainer in connection with the Reporting Person's service as a director. Includes 3,180 restricted stock units. |
Common Stock
|
2,112 |
| 2026-03-05 | Gall Brandon |
CFO |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted stock unit award which will vest on a pro rata basis on each of March 5, 2027, 2028, and 2029. Includes 28,213 restricted stock units and 13,687 performance stock units which remain subject to a time-based vesting requirement as the Issuer's Human Resources and Compensation Committee has certified the achievement of the performance goals for these performance stock units. |
Common Stock
|
8,024 |
| 2026-03-05 | Gall Brandon |
CFO |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted stock unit award which will vest on a pro rata basis on each of March 5, 2029 and 2030. Includes 42,168 restricted stock units and 13,687 performance stock units which remain subject to a time-based vesting requirement as the Issuer's Human Resources and Compensation Committee has certified the achievement of the performance goals for these performance stock units. |
Common Stock
|
13,955 |
| 2026-03-05 | Molamphy Kathleen Susan |
Chief Legal and HR Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted stock unit award which will vest on a pro rata basis on each of March 5, 2029 and 2030. Includes 23,129 restricted stock units and 5,609 performance stock units which remain subject to a time-based vesting requirement as the Issuer's Human Resources and Compensation Committee has certified the achievement of the performance goals for these performance stock units. |
Common Stock
|
11,297 |
| 2026-03-05 | Francis Julie Maria |
Director, President & CEO |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted stock unit award which will vest on a pro rata basis on each of March 5, 2027, 2028, and 2029. Includes 51,156 restricted stock units and 58,674 performance stock units which remain subject to a time-based vesting requirement as the Issuer's Human Resources and Compensation Committee has certified the achievement of the performance goals for these performance stock units. |
Common Stock
|
30,569 |
| 2026-03-05 | Molamphy Kathleen Susan |
Chief Legal and HR Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted stock unit award which will vest on a pro rata basis on each of March 5, 2027, 2028, and 2029. Includes 11,832 restricted stock units and 5,609 performance stock units which remain subject to a time-based vesting requirement as the Issuer's Human Resources and Compensation Committee has certified the achievement of the performance goals for these performance stock units. |
Common Stock
|
4,519 |
| 2026-02-23 | Francis Julie Maria |
Director, President & CEO |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a performance stock unit award. The Issuer's Human Resources and Compensation Committee certified the achievement of the award's performance goals on February 23, 2026. The award remains subject to a time-based vesting requirement and will vest on August 4, 2028. Includes 20,587 restricted stock units and 58,674 performance stock units described in Footnote 1. |
Common Stock
|
58,674 |
| 2026-02-23 | Gall Brandon |
CFO |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a performance stock unit award. The Issuer's Human Resources and Compensation Committee certified the achievement of the award's performance goals on February 23, 2026. The award remains subject to a time-based vesting requirement and will vest on February 20, 2028. Includes 20,189 restricted stock units and 13,687 performance stock units described in Footnote 1. |
Common Stock
|
13,687 |
| 2026-02-23 | Molamphy Kathleen Susan |
Chief Legal and HR Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a performance stock unit award. The Issuer's Human Resources and Compensation Committee certified the achievement of the award's performance goals on February 23, 2026. The award remains subject to a time-based vesting requirement and will vest on February 20, 2028. Includes 7,313 restricted stock units and 5,609 performance stock units described in Footnote 1. |
Common Stock
|
5,609 |
| 2026-02-20 | Gall Brandon |
CFO |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents 31,423 shares of common stock and 20,189 restricted stock units. |
Common Stock
|
598 |
| 2026-02-20 | Pasagic Amel |
Chief Commercial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents 6,864 shares of common stock and 3,623 restricted stock units. |
Common Stock
|
346 |
| 2026-02-20 | Lapish Erika |
CHRO |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents 6,131 shares of common stock and 2,990 restricted stock units. |
Common Stock
|
241 |
| 2026-02-16 | Pasagic Amel |
Chief Commercial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents 6,278 shares of common stock and 4,555 restricted stock units. |
Common Stock
|
1,527 |
| 2026-02-16 | Lapish Erika |
CHRO |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents 5,654 shares of common stock and 3,708 restricted stock units. |
Common Stock
|
1,211 |
| 2026-02-16 | Gall Brandon |
CFO |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents 30,421 shares of common stock and 21,789 restricted stock units. |
Common Stock
|
2,438 |
| 2026-02-14 | Pasagic Amel |
Chief Commercial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents 4,114 shares of common stock and 8,246 restricted stock units. |
Common Stock
|
744 |
| 2026-02-14 | Lapish Erika |
CHRO |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents 3,470 shares of common stock and 7,103 restricted stock units. |
Common Stock
|
554 |
| 2026-02-14 | Gall Brandon |
CFO |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents 26,433 shares of common stock and 28,215 restricted stock units. |
Common Stock
|
1,558 |
| 2026-01-01 | Roper Martin |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an award of unrestricted shares of common stock issued by MGP Ingredients, Inc. in lieu of a cash retainer in connection with the Reporting Person's service as a director. Represents 22,178 shares of common stock and 3,180 restricted stock units. |
Common Stock
|
1,594 |
| 2025-12-10 | Seaberg Karen |
Director |
Sell↓
|
common stock
(I)
|
31,056 |
| 2025-12-10 | Seaberg Karen |
Director |
Sell↓
Filing footnotes — common stock (Indirect)
Represents a weighted average price per share. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.62 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
common stock
(I)
|
18,203 |
| 2025-12-10 | Seaberg Karen |
Director |
Sell↓
Filing footnotes — common stock (Indirect)
Represents a weighted average price per share. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.99 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
common stock
(I)
|
29,735 |
| 2025-12-10 | Seaberg Karen |
Director |
Sell↓
Filing footnotes — common stock (Indirect)
Represents a weighted average price per share. These shares were sold in multiple transactions at prices ranging from $24.62 to $24.99 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
common stock
(I)
|
2,622 |
| 2025-12-09 | Seaberg Karen |
Director |
Sell↓
Filing footnotes — common stock (Indirect)
Represents a weighted average price per share. These shares were sold in multiple transactions at prices ranging from $23.88 to $24.42 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
common stock
(I)
|
11,976 |
| 2025-12-09 | Seaberg Karen |
Director |
Sell↓
Filing footnotes — common stock (Indirect)
Represents a weighted average price per share. These shares were sold in multiple transactions at prices ranging from $23.87 to $24.44 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
common stock
(I)
|
166,668 |
| 2025-12-09 | Seaberg Karen |
Director |
Sell↓
Filing footnotes — common stock (Indirect)
Represents a weighted average price per share. These shares were sold in multiple transactions at prices ranging from $23.99 to $24.41 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
common stock
(I)
|
2,451 |
| 2025-12-08 | Seaberg Karen |
Director |
Sell↓
Filing footnotes — common stock (Indirect)
Represents a weighted average price per share. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.38 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
common stock
(I)
|
12,133 |
| 2025-12-08 | Seaberg Karen |
Director |
Sell↓
Filing footnotes — common stock (Indirect)
Represents a weighted average price per share. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.52 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
common stock
(I)
|
29,691 |
| 2025-11-19 | Kaplan Caroline Lux |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.80 to $23.795, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (3) to this Form 4. The shares in these transactions were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan dated 9/16/2005, Caroline Lux Kaplan sole Trustee ("Lux 2005 Caroline Trust"). Following the completion of these sales, 530,958 shares beneficially owned by the Lux 2005 Caroline Trust are included in the aggregate indirect ownership of the reporting person. Accordingly, Caroline L. Kaplan may be deemed to hold sole voting and dispositive power with respect to all of the shares owned by the Lux 2005 Caroline Trust. |
Common Stock
(I)
|
29,860 |
| 2025-11-19 | Kaplan Caroline Lux |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.805 to $23.82, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (4) to this Form 4. The shares in these transactions were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan dated 9/16/2005, Caroline Lux Kaplan sole Trustee ("Lux 2005 Caroline Trust"). Following the completion of these sales, 530,958 shares beneficially owned by the Lux 2005 Caroline Trust are included in the aggregate indirect ownership of the reporting person. Accordingly, Caroline L. Kaplan may be deemed to hold sole voting and dispositive power with respect to all of the shares owned by the Lux 2005 Caroline Trust. |
Common Stock
(I)
|
140 |
| 2025-11-18 | Kaplan Caroline Lux |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.475 to $24.565, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4. The shares in these transactions were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan dated 9/16/2005, Caroline Lux Kaplan sole Trustee ("Lux 2005 Caroline Trust"). Following the completion of these sales, 530,958 shares beneficially owned by the Lux 2005 Caroline Trust are included in the aggregate indirect ownership of the reporting person. Accordingly, Caroline L. Kaplan may be deemed to hold sole voting and dispositive power with respect to all of the shares owned by the Lux 2005 Caroline Trust. |
Common Stock
(I)
|
166 |
| 2025-11-18 | Kaplan Caroline Lux |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.46 to $24.45, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4. The shares in these transactions were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan dated 9/16/2005, Caroline Lux Kaplan sole Trustee ("Lux 2005 Caroline Trust"). Following the completion of these sales, 530,958 shares beneficially owned by the Lux 2005 Caroline Trust are included in the aggregate indirect ownership of the reporting person. Accordingly, Caroline L. Kaplan may be deemed to hold sole voting and dispositive power with respect to all of the shares owned by the Lux 2005 Caroline Trust. |
Common Stock
(I)
|
29,834 |
| 2025-10-02 | Roper Martin |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an award of unrestricted shares of common stock issued by MGP Ingredients, Inc. in lieu of a cash retainer in connection with the Reporting Person's service as a director. Represents 20,584 shares of common stock and 3,180 restricted stock units. |
Common Stock
|
1,579 |
| 2025-08-20 | Seaberg Karen |
Director |
Other↓
Filing footnotes — Forward Sale Contract (Obligation to Sell) (Indirect)
The reporting person is the sole manager of Cray Family Management, LLC ("Cray Management"), which is the general partner of Cray MGP Holdings, LP. On June 7, 2023, Cray MGP Holdings LP and Cray Management entered into separate redemption agreements with two of the limited partners of Cray MGP Holdings, LP. Among other things, each agreement obligated Cray MGP Holdings, LP to deliver to the respective redeemed limited partner an indeterminable number of shares of the Issuer's common stock (the "Future Closing Shares") on September 5, 2025 (the "Final Delivery Date"). On August 20, 2025, Cray MGP Holdings LP, Cray Management and the aforementioned limited partners of Cray MGP Holdings, LP entered into amendments to their respective redemption agreements dated as of June 7, 2023, pursuant to which the parties agreed to change the Final Delivery Date from September 5, 2025 to September 5, 2026. The number of Future Closing Shares deliverable to this redeemed limited partner on the delivery date is determined by dividing one-third of $18,126,832.39 by the last reported sales price on the fifth trading day immediately prior to the delivery date. |
Forward Sale Contract (Obligation to Sell)
(I)
|
1 |
| 2025-08-20 | Seaberg Karen |
Director |
Other↓
Filing footnotes — Forward Sale Contract (Obligation to Sell) (Indirect)
The reporting person is the sole manager of Cray Family Management, LLC ("Cray Management"), which is the general partner of Cray MGP Holdings, LP. On June 7, 2023, Cray MGP Holdings LP and Cray Management entered into separate redemption agreements with two of the limited partners of Cray MGP Holdings, LP. Among other things, each agreement obligated Cray MGP Holdings, LP to deliver to the respective redeemed limited partner an indeterminable number of shares of the Issuer's common stock (the "Future Closing Shares") on September 5, 2025 (the "Final Delivery Date"). On August 20, 2025, Cray MGP Holdings LP, Cray Management and the aforementioned limited partners of Cray MGP Holdings, LP entered into amendments to their respective redemption agreements dated as of June 7, 2023, pursuant to which the parties agreed to change the Final Delivery Date from September 5, 2025 to September 5, 2026. The number of Future Closing Shares deliverable to this redeemed limited partner on the delivery date is determined by dividing one-third of $18,124,909.32 by the last reported sales price on the fifth trading day immediately prior to the delivery date. |
Forward Sale Contract (Obligation to Sell)
(I)
|
1 |
| 2025-08-20 | Seaberg Karen |
Director |
Other↑
Filing footnotes — Forward Sale Contract (Obligation to Sell) (Indirect)
The reporting person is the sole manager of Cray Family Management, LLC ("Cray Management"), which is the general partner of Cray MGP Holdings, LP. On June 7, 2023, Cray MGP Holdings LP and Cray Management entered into separate redemption agreements with two of the limited partners of Cray MGP Holdings, LP. Among other things, each agreement obligated Cray MGP Holdings, LP to deliver to the respective redeemed limited partner an indeterminable number of shares of the Issuer's common stock (the "Future Closing Shares") on September 5, 2025 (the "Final Delivery Date"). On August 20, 2025, Cray MGP Holdings LP, Cray Management and the aforementioned limited partners of Cray MGP Holdings, LP entered into amendments to their respective redemption agreements dated as of June 7, 2023, pursuant to which the parties agreed to change the Final Delivery Date from September 5, 2025 to September 5, 2026. The number of Future Closing Shares deliverable to this redeemed limited partner on the delivery date is determined by dividing one-third of $18,124,909.32 by the last reported sales price on the fifth trading day immediately prior to the delivery date. |
Forward Sale Contract (Obligation to Sell)
(I)
|
1 |
| 2025-08-20 | Seaberg Karen |
Director |
Other↑
Filing footnotes — Forward Sale Contract (Obligation to Sell) (Indirect)
The reporting person is the sole manager of Cray Family Management, LLC ("Cray Management"), which is the general partner of Cray MGP Holdings, LP. On June 7, 2023, Cray MGP Holdings LP and Cray Management entered into separate redemption agreements with two of the limited partners of Cray MGP Holdings, LP. Among other things, each agreement obligated Cray MGP Holdings, LP to deliver to the respective redeemed limited partner an indeterminable number of shares of the Issuer's common stock (the "Future Closing Shares") on September 5, 2025 (the "Final Delivery Date"). On August 20, 2025, Cray MGP Holdings LP, Cray Management and the aforementioned limited partners of Cray MGP Holdings, LP entered into amendments to their respective redemption agreements dated as of June 7, 2023, pursuant to which the parties agreed to change the Final Delivery Date from September 5, 2025 to September 5, 2026. The number of Future Closing Shares deliverable to this redeemed limited partner on the delivery date is determined by dividing one-third of $18,126,832.39 by the last reported sales price on the fifth trading day immediately prior to the delivery date. |
Forward Sale Contract (Obligation to Sell)
(I)
|
1 |