---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-005449"
form_type: "8-K"
ticker: "MGPI"
cik: "0000835011"
company_name: "MGP INGREDIENTS INC"
filed_at: "2025-02-13T23:59:59+00:00"
generated_at: "2026-05-26T22:32:29.027926+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# MGP Ingredients approves amended Short Term Incentive Plan effective Jan 1, 2025

## Summary
- Amended STIP effective Jan 1, 2025; cash bonus pool set at at least 80% of collective target bonuses.
- Performance goals based on criteria like EPS, revenue, EBITDA, margins, safety; Committee may adjust.
- Participant must be employed on payment date; termination for cause forfeits awards entirely.
- Change in control with qualifying termination entitles pro-rated award based on actual performance.
- Clawback policy applies; Committee may reduce or increase awards at its discretion.

## SEC filing metadata
- accession: 0001628280-25-005449
- form_type: 8-K
- ticker: MGPI
- cik: 0000835011
- company_name: MGP INGREDIENTS INC
- filed_at: 2025-02-13T23:59:59+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/835011/000162828025005449/0001628280-25-005449-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835011/000162828025005449/mgpi-20250212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-005449
- JSON: https://secwatch.observer/filing/0001628280-25-005449.json
- Plain text: https://secwatch.observer/filing/0001628280-25-005449.txt

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