NEOGEN (NEOG) CAO has shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEOGEN CORP Chief Accounting Officer handles RSU tax withholding. On June 3, 2026, restricted stock units vested on the anniversary of the grant date. To cover taxes on the vested shares, 2,553 shares were withheld at an indicated value of $8.75 per share. After this non‑market, tax-withholding disposition, John Patrick Moylan directly holds 23,571 shares of NEOGEN stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moylan John Patrick
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Restricted Stock Units | 2,553 | $8.75 | $22K |
Holdings After Transaction:
Restricted Stock Units — 23,571 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,553 shares
Per-share tax value: $8.75 per share
Shares held after transaction: 23,571 shares
3 metrics
Shares withheld for taxes
2,553 shares
Tax-withholding disposition on June 3, 2026 for vested RSUs
Per-share tax value
$8.75 per share
Value used for the 2,553-share tax-withholding disposition
Shares held after transaction
23,571 shares
Direct ownership by John Patrick Moylan following the transaction
Key Terms
Restricted Stock Units, tax-withholding disposition, Payment of exercise price or tax liability by delivering securities
3 terms
Restricted Stock Units financial
"On June 3, 2026, RSUs vested on the anniversary of the grant date."
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did NEOG (NEOGEN CORP) report for John Patrick Moylan?
NEOGEN reported a tax-withholding disposition by Chief Accounting Officer John Patrick Moylan. On June 3, 2026, 2,553 shares were withheld to cover taxes on newly vested restricted stock units, leaving him with 23,571 directly held shares.
What does transaction code F mean in the NEOG Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this NEOG filing, it reflects shares withheld to cover taxes on vested restricted stock units rather than a discretionary purchase or sale in the market.