Form 4: Neogen Corp Director James C Borel Reports Stock Transactions
SEC Form 4 Filing
Director James C Borel reports the vesting and settlement of Restricted Stock Units (RSUs) into common stock on October 7, 2024.
Summary
- On October 7, 2024, James C Borel, a director of Neogen Corp, reported the vesting and settlement of Restricted Stock Units (RSUs) into common stock.
- Specifically, 2,070 RSUs vested at a price of $15.07 and were settled for an equal number of shares.
- Additionally, 236 RSUs vested at a price of $14.89 and were also settled for an equal number of shares.
- Following these transactions, Borel directly owns 23,698 shares of Neogen Corp common stock.
- Borel also owns 2,071 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider trading activity, which is a normal part of corporate governance.
Key Dates
| Date | Description |
|---|---|
| 10/07/2024 | Date of earliest transaction: Vesting and settlement of Restricted Stock Units (RSUs). |
| 10/09/2024 | Date of signature by Christopher Sefcheck (Attorney in Fact). |
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