Neogen (NEOG) CEO uses 20K shares to cover RSU taxes
Rhea-AI Filing Summary
NEOGEN CORP (NEOG) reported an insider equity transaction by CEO and director Mikheal Nassif. On August 19, 2026, restricted stock units vested on the anniversary of the grant date, and 20,397 shares of common stock were disposed of through share withholding to cover tax liabilities on the vested RSUs. Following this tax-withholding disposition, Nassif’s directly held common stock position is reported as 25,655 shares.
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Insights
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Insider Trade Summary
Net Seller: 20,397 shares
Net Sell
1 txn
Insider
Nassif Mikheal
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Restricted Stock Units F1 | 20,397 | $11.87 | $242K |
Holdings After Transaction:
Restricted Stock Units — 25,655 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 taxes: 20,397 shares
Per-share value for tax withholding: $11.87 per share
Shares owned after transaction: 25,655 shares
+2 more
5 metrics
Shares withheld for taxes
20,397 shares
Shares delivered/withheld on August 19, 2026 to cover tax liability on vested RSUs
Per-share value for tax withholding
$11.87 per share
Value applied to the 20,397 shares withheld in the F-code transaction
Shares owned after transaction
25,655 shares
Direct common stock holdings of CEO Mikheal Nassif following the August 19, 2026 transaction
RSU-related disposition date
August 19, 2026
Date RSUs vested and shares were withheld to cover taxes
Shares tied to exercise price or tax liability
20,397 shares
ExercisePriceOrTaxLiabilityShares in transaction summary for this Form 4
Key Terms
Restricted Stock Units, withheld to cover taxes, F-code transaction
3 terms
Restricted Stock Units financial
"security_title is reported as "Restricted Stock Units" for the transaction"
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.
withheld to cover taxes financial
"Shares were withheld to cover taxes on the vested shares"
F-code transaction financial
"Transaction coded F as payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did NEOGEN CORP (NEOG) report for CEO Mikheal Nassif?
NEOGEN CORP reported that CEO Mikheal Nassif had 20,397 shares withheld on August 19, 2026 to cover tax liabilities arising from vested RSUs. The transaction is coded as an F tax-withholding disposition, not an open-market sale.
Was the NEOGEN (NEOG) Form 4 transaction an open-market sale by the CEO?
No. The Form 4 describes an F-code transaction, where 20,397 shares were delivered or withheld to satisfy tax liabilities on vested RSUs. It does not report a traditional open-market purchase or sale by the CEO.
AI-generated analysis. How Rhea-AI works. Not financial advice.