Neogen (NEOG) Insider: 14,294 RSUs Settled; 4,160 Shares Disposed

Rhea-AI Filing Summary

Neogen Corp (NEOG) insider activity: Douglas Edward Jones, the Chief Operating Officer and a director, reported transactions on 08/18/2025 where 14,294 restricted stock units vested and were settled into 14,294 shares at an implied price of $5.43 per share, increasing his beneficial ownership to 86,007 shares. The filing also shows a separate disposition of 4,160 shares at $5.43, leaving 81,847 shares after that sale. The Form 4 was signed by an attorney-in-fact on 08/20/2025. The filer notes each RSU is the economic equivalent of one common share and that the RSUs vested and were settled on 08/18/2025.

Positive

• RSU vesting settled into shares, increasing the reporting person’s beneficial ownership to 86,007 shares before the reported disposition
• Disclosure compliance: The transactions are reported on Form 4 with details including dates, amounts, and prices

Negative

• Partial share disposition: A sale of 4,160 shares at $5.43 reduced holdings to 81,847 shares, representing insider selling concurrent with vesting

Insights

Corporate Governance Expert

TL;DR: Routine executive compensation settlement with a small concurrent sale; no material governance concerns shown.

The Form 4 documents a standard compensation event where vested restricted stock units converted into shares for the Chief Operating Officer. The transaction increases reported beneficial ownership and is accompanied by a modest sale of 4,160 shares at the same $5.43 transaction price. This pattern commonly reflects tax or portfolio-management sales tied to vesting rather than a change in control or compensation policy. All items appear disclosed in accordance with Section 16 reporting requirements.

Securities Analyst

TL;DR: Insider acquired 14,294 shares via RSU settlement and sold 4,160 shares; impact on investors is limited.

The filing shows 14,294 RSUs vested and were settled into common shares on 08/18/2025, increasing the COO's holdings to 86,007 shares before accounting for the reported disposition. A sale of 4,160 shares at $5.43 reduced the net increase to 4,294 shares retained from this event. The transactions are quantitative and transparent but do not, by themselves, signal a material change to company fundamentals or capital structure.

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
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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^*

Jones Douglas Edward

(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 Operating 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		14,294	A	$5.43	86,007	D
Common Stock	08/18/2025		F		4,160	D	$5.43	81,847	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			14,294	08/18/2025	08/18/2025	Common Stock	14,294	$5.43	28,588	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.
* 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.

FAQ

What transactions did Douglas Edward Jones report on Form 4 for NEOG?

The report shows 14,294 RSUs vested and were settled into 14,294 shares on 08/18/2025 and a disposition of 4,160 shares at $5.43 per share.

How many NEOG shares does the reporting person beneficially own after these transactions?

Following the reported transactions, the filing indicates 81,847 shares beneficially owned by the reporting person.

What was the price per share for the reported transactions on NEOG Form 4?

Both the RSU settlement and the reported sale used an implied price of $5.43 per share.

When did the RSUs vest and settle for NEOG's reporting person?

The RSUs vested and were settled on 08/18/2025 as stated in the filing.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by Christopher Sefcheck (Attorney in Fact) on 08/20/2025.