Director Seaberg sells 304,535 shares in 9 transactions (89.6% of holdings) for $7,508,591.78
Director Karen Seaberg conducted 9 separate sales totaling 304,535 shares for $7,508,591.78 between 2025-12-08 and 2025-12-10, reducing her holdings from 339,820 shares to 35,285 shares. This represents a -89.6% reduction in her position at a blended average price of $24.66. The multi-day sell execution occurred while the stock trades at $26.35, -43.5% below its 52-week high of $46.63, suggesting the insider disposed of a near-total stake at prices significantly depressed from recent peaks. Her cross-ticker track record shows 18 prior sells with an 83.33% well-timed rate at the 90-day mark, though at MGPI specifically her prior 5 trades were mixed (2 of 5 well-timed 90-day outcomes). Against a backdrop of -15.9% annual revenue decline and the stock down -7.0% over 90 days, this concentrated liquidation of a director's position warrants scrutiny into her conviction and forward outlook.