Form 4: Neogen Corp Director Aashima Gupta Reports Stock Transaction
SEC Form 4 Filing
Director Aashima Gupta reported the vesting and settlement of restricted stock units (RSUs) into common stock of Neogen Corp on October 28, 2024.
Summary
- On October 28, 2024, Aashima Gupta, a director of Neogen Corp, reported a transaction involving restricted stock units (RSUs).
- 1,776 RSUs vested and were settled for an equal number of shares of common stock at a price of $13.81.
- Following the transaction, Gupta directly owns 5,917 shares of common stock and 3,552 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction reflects the standard vesting schedule of employee compensation.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 10/28/2024 | Date of the transaction: vesting and settlement of restricted stock units (RSUs) into common stock. |
| 10/29/2024 | Date of signature on the Form 4 filing. |
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