Neogen Corp (NEOG) CAO has stock withheld to cover RSU taxes
Rhea-AI Filing Summary
NEOGEN CORP (NEOG) reported an insider equity event involving Chief Accounting Officer John Patrick Moylan. On August 19, 2026, restricted stock units vested, and 2,365 shares of common stock underlying those RSUs were disposed of through share withholding to cover tax liabilities. Following this tax-withholding disposition, Moylan directly held 29,331 shares of NEOG common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,365 shares
Net Sell
1 txn
Insider
Moylan John Patrick
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Restricted Stock Units F1 | 2,365 | $11.87 | $28K |
Holdings After Transaction:
Restricted Stock Units — 29,331 shares (Direct)
Footnotes (1)
- F1. On August 19, 2026, RSUs vested on the anniversary of the grant date. Shares were withheld to cover taxes on the vested shares.
Key Figures
Shares withheld for tax: 2,365 shares
Tax-withholding price: $11.87 per share
Shares held after transaction: 29,331 shares
+1 more
4 metrics
Shares withheld for tax
2,365 shares
Shares withheld on August 19, 2026 to cover taxes on vested RSUs
Tax-withholding price
$11.87 per share
Per-share value used for the 2,365 shares disposed of for tax withholding
Shares held after transaction
29,331 shares
Directly held by John Patrick Moylan following the August 19, 2026 disposition
ExercisePriceOrTaxLiabilityShares
2,365 shares
Total shares involved in code F transaction for payment of tax liability
Key Terms
Restricted Stock Units, tax-withholding disposition, Payment of tax liability by delivering or withholding securities
3 terms
Restricted Stock Units financial
"On August 19, 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
"Shares were withheld to cover taxes on the vested shares."
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 tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did NEOG (NEOGEN CORP) report for John Patrick Moylan?
NEOG reported that Chief Accounting Officer John Patrick Moylan had RSUs vest on August 19, 2026, and 2,365 shares were withheld to cover taxes. This was recorded as a disposition related to tax withholding rather than an open-market sale.
Was the NEOG (NEOGEN CORP) Form 4 transaction under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox was not marked, and the transaction is described as shares withheld to cover taxes on vested RSUs, not as trades executed under a pre-arranged 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.