NEOGEN CORP (NEOG) officer exercises RSUs, uses shares for taxes

Rhea-AI Filing Summary

NEOGEN CORP Chief Accounting Officer John Patrick Moylan reported routine equity compensation activity involving company stock. On May 4, 2026, he exercised 4,558 Restricted Stock Units into common shares at $9.53 per share. To cover related tax obligations, 1,568 common shares were disposed of as a tax-withholding transaction, not an open-market sale. Following these transactions, Moylan directly holds 18,905 shares of NEOGEN common stock.

Insider Trade Summary

4,558 shares exercised/converted

Mixed 3 txns

Insider Moylan John Patrick

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	4,558	$9.53	$43K
Exercise	Common Stock	4,558	$9.53	$43K
Tax Withholding	Common Stock	1,568	$9.53	$15K

Holdings After Transaction: Restricted Stock Units — 4,558 shares (Direct, null); Common Stock — 18,905 shares (Direct, null)

Footnotes (1)

Key Figures

RSUs exercised: 4,558 shares Tax-withholding shares: 1,568 shares Implied share price: $9.53 per share +3 more

6 metrics

RSUs exercised 4,558 shares Restricted Stock Units converted to common stock on May 4, 2026

Tax-withholding shares 1,568 shares Common stock disposed of to satisfy tax liability

Implied share price $9.53 per share Price per share used for RSU exercise and tax-withholding disposition

Shares owned after transactions 18,905 shares Total NEOGEN common stock directly held by Moylan after Form 4 events

Tax-withholding events count 1 transaction One F-code tax-withholding disposition on May 4, 2026

Derivative exercises count 1 transaction One M-code exercise of derivative security (RSUs) on May 4, 2026

Key Terms

Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, derivative security

4 terms

Restricted Stock Units financial

""security_title": "Restricted Stock Units""

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

""transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative exercise/conversion financial

""transaction_action": "derivative exercise/conversion""

derivative security financial

""transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 MICHIGAN 48912

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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

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

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

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	05/04/2026		M		4,558	A	$9.53	18,905	D
Common Stock	05/04/2026		F		1,568	D	$9.53	17,337	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	$9.53	05/04/2026		M			4,558	05/04/2026	05/04/2026	Common Stock	4,558	$9.53	4,558	D

Explanation of Responses:

Remarks:

Each RSU is the economic equivalent of one share of common stock. On May 4, 2026, these RSUs vested and were settled for an equal number of shares of common stock.

	Christopher Sefcheck (attorney in fact)	05/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did NEOG (NEOGEN CORP) report for John Patrick Moylan?

NEOGEN CORP reported that Chief Accounting Officer John Patrick Moylan exercised 4,558 Restricted Stock Units into common stock at $9.53 per share. As part of this routine equity compensation event, 1,568 shares were disposed of to satisfy tax obligations through a tax-withholding transaction.

Did the NEOG insider transaction involve an open-market sale of shares?

The filing shows a tax-withholding disposition of 1,568 NEOG common shares, not an open-market sale. These shares were delivered to cover tax liabilities tied to the RSU exercise, which is a standard administrative mechanism rather than a discretionary market sale.

How many NEOG shares did John Patrick Moylan acquire through the RSU exercise?

John Patrick Moylan exercised 4,558 Restricted Stock Units into NEOG common stock at $9.53 per share. This derivative exercise converted his RSUs into actual shares, increasing his direct common stock holdings as reflected in the post-transaction share balance.

What is John Patrick Moylan’s NEOG share ownership after these transactions?

After the reported transactions, John Patrick Moylan directly owns 18,905 shares of NEOGEN CORP common stock. This total reflects the RSU exercise and the separate tax-withholding share disposition disclosed in the Form 4 insider filing.

What do the transaction codes M and F mean in the NEOG Form 4 filing?

Code M in the NEOG Form 4 indicates an exercise or conversion of a derivative security, here 4,558 Restricted Stock Units into common stock. Code F represents a tax-withholding disposition, where 1,568 shares were used to pay tax obligations instead of being sold on the open market.