{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-052151","form_type":"8-K","ticker":"MGPI","cik":"0000835011","company_name":"MGP INGREDIENTS INC","filed_at":"2024-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.131704+00:00","generated_at":"2026-05-29T00:43:48.171714+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"MGP Ingredients names CFO Brandon Gall interim CEO; Donn Lux becomes chairman","bullets":["David Bratcher steps down as CEO and resigns from board effective Dec 31, 2024; gets transition and severance benefits.","CFO Brandon Gall appointed Interim President and CEO effective Jan 1, 2025; base salary raised to $525,000.","Donn Lux succeeds Karen Seaberg as Chairman of the Board; Ms. Seaberg remains a director.","Company reaffirms 2024 sales and adjusted earnings guidance; lowers capex to ~$72M from $78M.","Brown goods environment commentary consistent with Q3 2024 call; expects Q4/full-year results in late Feb 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-052151","json":"https://secwatch.observer/filing/0001628280-24-052151.json","markdown":"https://secwatch.observer/filing/0001628280-24-052151.md","text":"https://secwatch.observer/filing/0001628280-24-052151.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/835011/000162828024052151/0001628280-24-052151-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/835011/000162828024052151/mgpi-20241219.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T00:43:48.171714+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}