Paul S. Lux, a director and member of a 10% holder group at MGP Ingredients Inc., filed a Form 4 on August 24, 2026, disclosing the sale of 33,000 shares of common stock on August 20, 2026, through a trust in which he holds sole trustee authority.

Key Highlights

  • Shares sold: 33,000 shares of MGP Ingredients common stock were disposed of on August 20, 2026.
  • Weighted average price: The reported sale price was $17.7643 per share, a weighted average across multiple transactions.
  • Price range: Individual transactions occurred at prices ranging from $17.465 per share to $17.940 per share, inclusive.
  • Selling entity: The shares were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated 9/16/2005, with Paul S. Lux as sole trustee.
  • Remaining indirect ownership: Following the sales, 550,458 shares remain beneficially owned by the Lux 2005 Paul Trust, held indirectly by the reporting person.
  • Ownership form: All reported shares are held indirectly through the trust, classified as indirect beneficial ownership.

Paul S. Lux Trust Sale of MGP Ingredients Common Stock

According to the filing, Paul S. Lux, identified as a director and member of a 10% holder group of MGP Ingredients Inc. (NASDAQ:MGPI), reported the sale of 33,000 shares of common stock on August 20, 2026. The transaction code recorded is "S," indicating a sale. The filing states the shares were sold at a weighted average price of $17.7643, with individual sale prices ranging from $17.465 to $17.940 per share across multiple transactions.

The filing discloses that the selling entity was the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated 9/16/2005, for which Paul S. Lux serves as sole trustee. The filing states that "Paul S. Lux may be deemed to hold sole voting and dispositive power with respect to all of the shares owned by the Lux 2005 Paul Trust." Following the reported transactions, 550,458 shares remain beneficially owned through the trust on an indirect basis.

The filing also notes that the reporting person and the Lux 2005 Paul Trust "may be deemed to be part of a group due to the entry by certain persons into a Shareholders Agreement dated April 1, 2021, as previously disclosed on the Reporting Person's Form 3/A filing with respect to MGPI dated October 7, 2021." The filing further states that "The Reporting Person disclaims beneficial ownership of the shares of the Issuer's common stock reported herein, except to the extent of his pecuniary interest therein."

What Was Disclosed

Paul S. Lux disclosed the sale of 33,000 MGP Ingredients common shares on August 20, 2026, through a trust he controls as sole trustee, at a weighted average price of $17.7643 per share, leaving 550,458 shares indirectly held by the trust.