SCHEDULE: Neogen Corp: Clarkston Capital Partners Files Schedule 13G/A

Clarkston Capital Partners, LLC, along with affiliated entities and individuals, has filed an amended Schedule 13G detailing their beneficial ownership of Neogen Corporation's common stock.

Summary

• This filing is an amendment to a Schedule 13G, indicating a change in beneficial ownership of Neogen Corporation's common stock.
• The reporting persons include Clarkston Capital Partners, LLC (CCP), Clarkston Companies, Inc. (CC), Jeffrey A. Hakala, and Gerald W. Hakala.
• Collectively, these entities and individuals beneficially own 2,204,788 shares of Neogen Corporation's common stock.
• This represents approximately 1.01% of the total outstanding shares as of February 28, 2026.
• CCP is identified as an investment adviser, and the reported securities are held in discretionary client accounts or accounts where a control person of CCP has beneficial ownership.
• The filing confirms that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of Neogen Corporation.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It is a routine disclosure of beneficial ownership by an investment firm and does not contain operational or financial performance data for Neogen Corporation itself.

Positives

• The filing indicates a significant investment stake (1.01%) by Clarkston Capital Partners and its affiliates in Neogen Corporation.
• The reporting persons affirm that their holdings are for ordinary business purposes, not for control, which can be viewed positively by the market.
• The disclosure is timely and transparent, adhering to SEC regulations.

Negatives

• The filing does not contain any negative financial or operational information about Neogen Corporation itself, as it pertains to ownership changes.
• The reduction in ownership from a previous filing (implied by 'Amendment No. 2') could be interpreted negatively if the previous stake was higher, though the exact previous percentage is not provided here.

Risks

• The primary risk associated with this type of filing is the potential for further changes in beneficial ownership by these reporting persons, which could impact Neogen's stock price.
• While not explicitly stated as a risk in this document, a significant shift in ownership by a large investor could signal underlying concerns or strategic intentions not yet disclosed.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding Neogen Corporation's future performance. It solely pertains to ownership disclosures.

Management Comments

• The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning each such person or entity contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that such person or entity knows or has reason to believe that such information is inaccurate.
• The securities reported in this Schedule 13G/A are held in the accounts of CCP's discretionary clients or in an account over which a control person of CCP has beneficial ownership.
• CCP's clients have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of such securities held in their accounts, subject to CCP's general authority to invest and reinvest the assets in each account under its management.
• By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and indicate significant, but typically passive, ownership stakes. The 1.01% stake by Clarkston Capital Partners in Neogen Corporation, a company in the food safety and animal safety sectors, suggests a notable but not controlling interest. Such filings are crucial for market participants to understand the shareholder base and potential influences on a company's stock.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding a significant institutional investor's stake, which can influence market perception and trading activity.
• Management of Neogen Corporation: The disclosure informs Neogen's management about the ownership structure and the presence of Clarkston Capital Partners as a notable shareholder.
• Regulators: The filing ensures compliance with SEC disclosure requirements for significant beneficial ownership.

Next Steps

• The reporting persons will continue to file amendments to Schedule 13G as required by SEC regulations for any material changes in their beneficial ownership.
• Neogen Corporation will continue its operations in the food safety and animal safety sectors.

Key Dates

Keywords

Neogen Corporation, Schedule 13G/A, Clarkston Capital Partners, Beneficial Ownership, SEC Filing, Investment Adviser, Common Stock, Securities Exchange Act