Form 4: Neogen Corp Director Catherine E Woteki Reports Stock Transactions

Director Catherine E Woteki reported the vesting and settlement of restricted stock units (RSUs) into common stock of Neogen Corp on October 7, 2024.

Summary

• On October 7, 2024, Catherine E Woteki, a director of Neogen Corp, reported transactions involving restricted stock units (RSUs).
• 2,070 RSUs vested at a price of $15.07 and were settled for an equal number of common stock shares.
• Additionally, 236 RSUs vested at a price of $14.89 and were also settled for an equal number of common stock shares.
• Following these transactions, Woteki directly owns 5,698 shares of Neogen Corp common stock.
• The report was filed on October 9, 2024.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document simply reports transactions without indicating positive or negative implications.

Positives

• The vesting of RSUs indicates a potential positive outlook on the company's performance, as these units typically vest based on achieving certain milestones.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect insider trading activity.

Key Dates