---
schema_version: "secwatch.filing_event.v1"
accession: "0000835011-25-000032"
form_type: "8-K"
ticker: "MGPI"
cik: "0000835011"
company_name: "MGP INGREDIENTS INC"
filed_at: "2025-03-13T23:59:59+00:00"
generated_at: "2026-05-24T21:51:20.234464+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# MGP Ingredients adopts new LTI program with PSUs and updated RSU awards

## Summary
- Committee approved new LTI design: annual grants of PSUs with forward-looking performance goals and time-vested RSUs, effective 2025.
- Updated RSU Award Agreement modifies retirement vesting provision.
- PSU Agreement accelerates vesting upon death, disability, or qualifying termination within 18 months after change in control.
- PSUs continue vesting upon retirement at least one year after grant.
- Changes follow a review of peer group LTI practices by the Committee's independent compensation consultant.

## SEC filing metadata
- accession: 0000835011-25-000032
- form_type: 8-K
- ticker: MGPI
- cik: 0000835011
- company_name: MGP INGREDIENTS INC
- filed_at: 2025-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835011/000083501125000032/0000835011-25-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835011/000083501125000032/mgpi-20250311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000835011-25-000032
- JSON: https://secwatch.observer/filing/0000835011-25-000032.json
- Plain text: https://secwatch.observer/filing/0000835011-25-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.