{"schema_version":"secwatch.filing_event.v1","accession":"0000835011-25-000105","form_type":"8-K","ticker":"MGPI","cik":"0000835011","company_name":"MGP INGREDIENTS INC","filed_at":"2025-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.303270+00:00","generated_at":"2026-05-16T13:08:40.149738+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"MGP Ingredients announces board retirement of Karen Seaberg and appointment of CEO Julie Francis as director","bullets":["Karen Seaberg retired from MGP Board effective December 14, 2025 after over 15 years of service, including as Chairman from 2014 to 2024.","Julie Francis, President and CEO, appointed as Group B director effective December 15, 2025 to fill the vacancy created by Seaberg's retirement.","Board amended bylaws on December 11, 2025 to permit common stockholders to fill Group A vacancies and restrict Group B vacancies to preferred stockholders alone.","Preferred stockholders elected Francis by written consent; she will not receive additional compensation for Board service."],"urls":{"canonical":"https://secwatch.observer/filing/0000835011-25-000105","json":"https://secwatch.observer/filing/0000835011-25-000105.json","markdown":"https://secwatch.observer/filing/0000835011-25-000105.md","text":"https://secwatch.observer/filing/0000835011-25-000105.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/835011/000083501125000105/0000835011-25-000105-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/835011/000083501125000105/mgpi-20251211.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-16T13:08:40.149738+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"af255e03646bab546c69b644da2cea209adbd3a9","claim":"MGP INGREDIENTS INC: Board approved further amendment and restatement of Amended and Restated Bylaws, effective immediately; changes include permitting common stockholders to fill Group A director vacancies, allowing preferred stockholders to fill Group B director vacancies via written action, and other clarifying chang (effective 2025-12-11).","evidence_excerpt":"On December 11, 2025, the Board approved the further amendment and restatement of the Company’s Amended and Restated Bylaws (as so amended and restated, the “Amended and Restated Bylaws”), effective immediately.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/835011/000083501125000105/0000835011-25-000105-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-12-11"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}