MGP Ingredients Redesigns Long-Term Incentive Program

MGP Ingredients ( (MGPI) ) has issued an announcement.

On March 11, 2025, MGP Ingredients, Inc. announced a redesign of its annual long-term incentive program, incorporating performance stock units with financial performance goals and time-vested restricted stock units to motivate future service and performance. This new program aims to align the company’s compensation practices with industry standards and enhance its ability to retain and incentivize key personnel, potentially impacting its operational effectiveness and market competitiveness.

More about MGP Ingredients

MGP Ingredients, Inc. operates in the food and beverage industry, focusing on the production of premium distilled spirits and specialty wheat proteins and starches.

YTD Price Performance: -22.10%

Average Trading Volume: 426,945

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $668.5M

See more data about MGPI stock on TipRanks’ Stock Analysis page.