Neogen insider Moylan settles 1,985 RSUs; 593 shares sold for taxes

Rhea-AI Filing Summary

Neogen Corp (NEOG) insider transaction: John Patrick Moylan, Chief Accounting Officer and director, reported that on 08/18/2025 1,985 restricted stock units vested and were settled for 1,985 shares of common stock at a per-share value of $5.43. To cover obligations, 593 shares were disposed of at the same price, leaving Mr. Moylan with 14,347 shares beneficially owned after the transactions. The Form 4 was filed on 08/20/2025 and signed by an attorney-in-fact.

Insights

Financial Analyst

TL;DR: Routine RSU vesting resulted in a modest net increase in insider holdings; no material market impact expected.

The reported activity shows 1,985 RSUs vesting and immediate settlement into common shares, with 593 shares sold concurrently, likely to satisfy tax withholding or related obligations. The per-share price reported ($5.43) is the accounting value used for the grant/settlement. Net change in beneficial ownership is small relative to typical public-company float and does not indicate a change in company control or an atypical liquidity event.

Corporate Governance Expert

TL;DR: This is a standard executive compensation settlement and disclosure; governance procedures appear followed.

The Form 4 discloses RSU vesting and settlement consistent with equity compensation practices. The filing indicates the transaction was reported promptly and signed by an authorized attorney-in-fact. There is no disclosure of a Rule 10b5-1 plan or amendment, and no unusual timing or derivative activity beyond RSU settlement.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Moylan John Patrick

(Last) (First) (Middle)

620 LESHER PLACE

(Street)

LANSING MI 48912

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NEOGEN CORP [ NEOG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/18/2025		M		1,985	A	$5.43	14,940	D
Common Stock	08/18/2025		F		593	D	$5.43	14,347	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$5.43	08/18/2025		M			1,985	08/18/2025	08/18/2025	Common Stock	1,985	$5.43	3,970	D

Explanation of Responses:

Remarks:

Each RSU is the economic equivalent of one share of common stock. On August 18, 2025, these RSUs vested and were settled for an equal number of shares of common stock.

	Christopher Sefcheck (Attorney in Fact)	08/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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