Form 4: Neogen Corp COO Douglas Edward Jones Reports Stock Transactions

Chief Operating Officer of Neogen Corp, Douglas Edward Jones, reports the vesting and settlement of Restricted Stock Units (RSUs) and subsequent disposition of shares to cover tax obligations.

Summary

• On April 25, 2024, Douglas Edward Jones, the Chief Operating Officer of Neogen Corp, reported transactions involving Neogen Corp common stock.
• 845 Restricted Stock Units (RSUs) vested and were settled for an equal number of shares of common stock at a price of $11.96.
• Jones disposed of 291 shares to cover tax obligations related to the vesting of the RSUs, also at a price of $11.96.
• Following these transactions, Jones directly owns 46,685 shares of Neogen Corp common stock and 2,535 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by a company executive, with no inherent positive or negative implications.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they represent a small fraction of the total outstanding shares.

Key Dates