Neogen Corp Chief Commercial Officer Joe B Freels filed a Form 4 on November 3, 2026, disclosing the acquisition of 6,345 performance stock units and 31,311 stock options in transactions dated November 2, 2026.
Key Highlights
- PSU award: Freels acquired 6,345 shares of Common Stock via performance stock units (transaction code A) at a price of $11.82, with a direct ownership stake of 6,345 shares following the transaction.
- Stock options granted: Freels also acquired 31,311 options (Common Stock Right to Buy) at an exercise price of $11.82, with an expiration date of November 2, 2036.
- Vesting schedule - PSUs: According to the filing, the PSUs vest in total at the end of the three-year anniversary date of the grant.
- Vesting schedule - options: The options vest in equal annual installments on each of the first three anniversary dates of the grants.
- Post-transaction derivative holdings: Freels directly holds 31,311 derivative securities following the reported transaction, with a derivative security price of $0.
- Issuer: The filing identifies the issuer as Neogen Corp, trading on NASDAQ:NEOG.
Freels Receives Equity Grants at $11.82 on November 2, 2026
According to the Form 4 filed with the SEC, Joe B Freels, Chief Commercial Officer of Neogen Corp (NASDAQ:NEOG), reported two equity acquisitions on November 2, 2026. The first was an award of 6,345 shares of Common Stock in the form of performance stock units (PSUs), recorded at a price of $11.82 per share. Following this transaction, Freels holds 6,345 shares of Common Stock directly, as reported in the filing.
The filing also discloses the grant of 31,311 stock options, classified as Common Stock (Right to Buy), at an exercise price of $11.82, expiring on November 2, 2036. The derivative security price is listed as $0. Following the reported transaction, Freels directly holds 31,311 of these derivative securities. The filing notes that the options vest in equal annual installments on each of the first three anniversary dates of the grants, while the PSUs vest in total at the end of the three-year anniversary date of the grant.
The Form 4 was signed by Christopher Sefcheck as attorney in fact and filed on November 3, 2026. The filing was made by one reporting person and is not an amendment to a prior form.
What Was Disclosed
Neogen Corp's Chief Commercial Officer Joe B Freels disclosed the acquisition of 6,345 PSUs and 31,311 stock options, both at $11.82, transacted on November 2, 2026, with vesting spread over three years for each award type.



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