Form 4: Neogen Corp Director James C Borel Buys 7,500 Shares
SEC Form 4 Filing
Director James C Borel of Neogen Corp. acquired 7,500 shares of common stock at a price of $13.0648 per share on April 11, 2024.
Summary
- On April 11, 2024, James C Borel, a director of Neogen Corp (NEOG), purchased 7,500 shares of the company's common stock.
- The purchase price was $13.0648 per share.
- Following the transaction, Borel directly owns 21,392 shares of Neogen Corp.
Sentiment
Score: 6
Explanation: A director buying shares is generally a positive sign, suggesting confidence in the company's prospects, but the impact is limited without further context.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider trading activity is closely monitored by investors as it can provide insights into a company's performance and future prospects. Purchases by insiders are generally viewed more favorably than sales.
Key Dates
| Date | Description |
|---|---|
| 04/11/2024 | Date of transaction: James C Borel purchased 7,500 shares of Neogen Corp common stock. |
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