Neogen Corp (NEOG) grants CFO 261,702 options and 51,502 PSUs in equity awards
Rhea-AI Filing Summary
NEOGEN CORP reported equity awards to its CFO, Richard Bryan Riggsbee, on 2026-08-14. He received an option grant covering 261,702 shares of Common Stock at an exercise price of $11.65 per share, expiring on 2036-08-14. According to the disclosure, these options vest in equal annual installments over the first three anniversaries of the grant date.
On the same date, he also received a grant of 51,502 shares of Common Stock, referenced as PSUs, at a stated value of $11.65 per share. The PSUs vest in total at the end of the three-year anniversary of the grant date. Both positions are reported as directly owned following the transactions.
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Insights
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Insider Trade Summary
Net Buyer: 51,502 shares
Net Buy
2 txns
Insider
Riggsbee Richard Bryan
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (Right to Buy) F1 | 261,702 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 51,502 | $11.65 | $600K |
Holdings After Transaction:
Common Stock (Right to Buy) — 261,702 shares (Direct);
Common Stock — 51,502 shares (Direct)
Footnotes (2)
- F1. Options vest in equal annual installments on each of the first three anniversary dates of the grants
- F2. PSUs vest in total at the end of the three year anniversary date of the grant
Key Figures
Options granted: 261,702 shares
Option exercise price: $11.65 per share
Option expiration: 2036-08-14
+3 more
6 metrics
Options granted
261,702 shares
Common Stock options granted to CFO on 2026-08-14
Option exercise price
$11.65 per share
Exercise price for 261,702-share option grant
Option expiration
2036-08-14
Expiration date of CFO option grant
PSUs granted
51,502 shares
Common Stock/PSUs granted to CFO on 2026-08-14
Shares after option transaction
261,702 shares
Directly owned derivative position following option award
Shares after PSU transaction
51,502 shares
Directly owned non-derivative shares following PSU award
Key Terms
PSUs, vesting, exercise price, expiration date
4 terms
PSUs financial
"PSUs vest in total at the end of the three year anniversary date"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
vesting financial
"Options vest in equal annual installments on each of the first three anniversary dates"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"conversion_or_exercise_price": "11.6500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2036-08-14""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What equity awards did NEOG (NEOG) grant to its CFO on 2026-08-14?
NEOGEN granted CFO Richard Bryan Riggsbee 261,702 options at $11.65 per share and 51,502 PSUs valued at $11.65 per share, both reported as directly owned after the grants.
What are the vesting terms of the CFO stock options reported by NEOG?
The option grant for 261,702 shares of NEOGEN Common Stock vests in three equal annual installments on each of the first three anniversaries of the 2026-08-14 grant date, with an exercise price of $11.65 per share.
When do the NEOG CFO’s options from this Form 4 expire?
The options granted to NEOGEN’s CFO covering 261,702 shares of Common Stock carry an expiration date of 2036-08-14, giving roughly ten years from grant date for potential exercise at $11.65 per share.
How do the PSUs granted to NEOG’s CFO vest?
The grant of 51,502 PSUs to NEOGEN’s CFO vests in total at the end of the three-year anniversary of the 2026-08-14 grant date, rather than in annual installments like the stock options.
Is the NEOG CFO Form 4 transaction a purchase or a compensation award?
The transactions are reported under code A, described as a grant, award, or other acquisition. They reflect equity compensation awards (options and PSUs) to the CFO, not open-market share purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
