Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 11, 2026, the Board of Directors of MGP Ingredients, Inc. (the "Company") approved a reorganization of certain leadership positions. As a result, the employment of Erika Lapish, Chief Human Resources Officer, and Amel Pasagic, Chief Commercial Officer, will conclude on February 20, 2026. Ms. Lapish and Mr. Pasagic are each entitled to severance payments under the Company's Executive Severance Plan, subject to compliance with the terms of the plan, including signing a release and agreeing to certain post-employment covenants.