NEOGEN CORP (NEOG) CEO awarded 719,679 options and 141,631 PSUs in equity grant
Rhea-AI Filing Summary
NEOGEN CORP CEO Mikheal Nassif reported two equity awards on August 14, 2026. He received options for 719,679 shares of common stock at an exercise price of $11.65 per share, expiring on August 14, 2036; these options vest in equal annual installments over three years. He also received 141,631 performance stock units (PSUs), which vest in total on the three-year anniversary of the grant. Following these awards, reported direct holdings are 141,631 common shares and 719,679 option-based rights.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 141,631 shares
Net Buy
2 txns
Insider
Nassif Mikheal
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (Right to Buy) F2 | 719,679 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 141,631 | $11.65 | $1.65M |
Holdings After Transaction:
Common Stock (Right to Buy) — 719,679 shares (Direct);
Common Stock — 141,631 shares (Direct)
Footnotes (2)
- F1. PSUs vest in total at the end of the three year anniversary date of the grant
- F2. Options vest in equal annual installments on each of the first three anniversary dates of the grants
Key Figures
Stock options granted: 719,679 shares
Option exercise price: $11.65 per share
Option expiration: August 14, 2036
+3 more
6 metrics
Stock options granted
719,679 shares
Options to buy common stock granted to CEO on August 14, 2026
Option exercise price
$11.65 per share
Exercise price for 719,679 stock options granted to CEO
Option expiration
August 14, 2036
Expiration date of the CEO’s 719,679 stock options
PSUs granted
141,631 units
Performance stock units granted to CEO on August 14, 2026
Common shares held after award
141,631 shares
CEO’s direct common stock holdings following PSU grant
Underlying shares for options
719,679 shares
Common shares underlying the granted stock options
Key Terms
performance stock units, vesting, exercise price, expiration date, +1 more
5 terms
performance stock units financial
"He also received 141,631 performance stock units (PSUs), which vest in total"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
vesting financial
"Options vest in equal annual installments on each of the first three anniversary"
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
"He received options for 719,679 shares of common stock at an exercise price"
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
"at an exercise price of $11.65 per share, expiring on August 14, 2036"
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.
grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition for both entries"
FAQ
What equity awards did NEOG (NEOGEN CORP) CEO Mikheal Nassif receive in this Form 4?
Mikheal Nassif received 719,679 stock options at an exercise price of $11.65 per share and 141,631 PSUs. Both awards were granted on August 14, 2026 as reported equity compensation.
What are the vesting terms of the stock options reported for NEOG CEO Nassif?
The reported options for 719,679 shares vest in equal annual installments on each of the first three anniversary dates of the grant. The options carry an exercise price of $11.65 and expire on August 14, 2036.
How do the performance stock units (PSUs) for NEOG CEO Nassif vest?
The 141,631 PSUs granted to Mikheal Nassif vest in total at the end of the three-year anniversary of the grant. This creates a cliff vesting schedule rather than annual installments, aligning compensation with multi‑year performance.
What is the exercise price and expiration date of NEOG CEO Nassif’s stock options?
The options reported for Mikheal Nassif have an exercise price of $11.65 per share and an expiration date of August 14, 2036. These terms define the cost and time window for converting options into common shares.
Were the NEOG CEO’s reported transactions open-market buys or compensation grants?
The filing describes both transactions as grants or awards coded "A", not open‑market purchases or sales. One grant is stock options and the other consists of PSUs, each with specified multi‑year vesting terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
