Form 4: Neogen Corp Director Jeffrey D Capello Reports Stock Transaction
SEC Form 4
Director Jeffrey D Capello reports the vesting and settlement of restricted stock units (RSUs) into common stock of Neogen Corp.
Summary
- On October 28, 2024, Jeffrey D Capello, a director of Neogen Corp, had 1,776 restricted stock units (RSUs) vest and settle.
- These RSUs were converted into 1,776 shares of common stock at a price of $13.81 per share.
- Following the transaction, Capello directly owns 5,917 shares of common stock and 3,552 derivative securities.
- The transaction was reported on October 29, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of a standard transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction slightly increases the number of outstanding shares, which could have a marginal dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/28/2024 | Date of RSU vesting and conversion to common stock. |
| 10/29/2024 | Date of Form 4 filing. |
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