NEOG insider filing: 2,071 RSUs settled for shares at $5.63

Rhea-AI Filing Summary

William T. Boehm, a director of Neogen Corp (NEOG), had 2,071 restricted stock units vest and be settled into 2,071 shares of Common Stock on 10/07/2025 at a reported per‑share value of $5.63. After the transaction Mr. Boehm beneficially owns 38,285 shares directly. The Form 4 was signed by an attorney‑in‑fact on 10/09/2025.

Positive

• 2,071 RSUs vested and converted to shares on 10/07/2025, signaling increased director alignment with shareholders
• Direct beneficial ownership rose to 38,285 shares, strengthening stake concentration

Negative

• None.

Insights

Corporate Governance Analyst

Director RSUs vested into 2,071 shares, increasing direct holdings to 38,285 shares.

The transaction is a routine equity compensation settlement where 2,071 restricted stock units vested and were converted into the same number of common shares on 10/07/2025 at a reported unit value of $5.63. This increases the director's direct alignment with shareholder outcomes without involving a cash purchase or sale.

The primary dependency is the company's equity‑based compensation schedule and vesting policy. Near term, monitor any subsequent Form 4 filings for sales or additional grants that would change voting or economic exposure.

Insider Trade Summary

Net Buyer: 2,071 shares

Net Buy 2 txns

Insider BOEHM WILLIAM T

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,071	$5.63	$12K
Exercise	Common Stock	2,071	$5.63	$12K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 38,285 shares (Direct)

FAQ

What did NEOG director William T. Boehm report on Form 4?

The Form 4 reports that 2,071 RSUs vested and were settled for 2,071 shares of common stock on 10/07/2025 at a reported value of $5.63 per share.

How many NEOG shares does William T. Boehm beneficially own after the transaction?

Following the settlement, he beneficially owns 38,285 shares of NEOG common stock.

Was this transaction a purchase, sale, or vesting?

This transaction was a vesting and settlement of RSUs, not a purchase or sale of shares.

When was the Form 4 signed and filed?

The Form 4 shows the RSUs vested on 10/07/2025 and the signature by an attorney‑in‑fact is dated 10/09/2025.

What was the reported per‑share value for the settled RSUs?

The reported per‑share price associated with the transaction is $5.63.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 10/09/2025 - 04:36 PM Learn about SEC filing dates

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^*

BOEHM WILLIAM T

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/07/2025

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	10/07/2025		M		2,071	A	$5.63	38,285	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	$5.63	10/07/2025		M			2,071	10/07/2025	10/07/2025	Common Stock	2,071	$5.63	0	D

Explanation of Responses:

Remarks:

Each RSU is the economic equivalent of one share of common stock. On October 7, 2025, these RSUs vested and were settled for an equal number of shares of common stock.

	Christopher Sefcheck (Attorney in Fact)	10/09/2025
	** 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.