Director James C. Borel filed a Form 4 with the SEC on October 30, 2026, reporting the vesting and settlement of 1,776 restricted stock units into common stock of Neogen Corp on October 29, 2026.

Key Highlights

  • Reporting person: James C. Borel, identified in the filing as a Director of Neogen Corp (NASDAQ:NEOG).
  • Transaction: 1,776 restricted stock units vested and were settled for an equal number of shares of common stock on October 29, 2026.
  • Price associated with the transaction: $12.21 per share, as stated in the filing.
  • Post-transaction ownership: Borel directly holds 106,737 shares of common stock following the reported transaction.
  • RSU balance: Following the settlement, Borel holds 0 restricted stock units of this series, according to the filing.
  • Transaction code: "M," indicating an exercise or conversion of a derivative security.

Borel RSU Vesting Details: Neogen Corp Director Settlement

According to the Form 4 filed on October 30, 2026, James C. Borel, a director of Neogen Corp, reported a transaction dated October 29, 2026, involving the settlement of restricted stock units. The filing states: "Each RSU is the economic equivalent of one share of common stock. On October 29, 2026, these RSUs vested and were settled for an equal number of shares of common stock."

The transaction is recorded in Table I as an acquisition (code "A") of 1,776 shares of common stock at a price of $12.21, via transaction code "M" in Table II, reflecting the conversion of derivative securities. The derivative security listed is restricted stock units, with both the date exercisable and the expiration date recorded as October 29, 2026, and the underlying security identified as common stock of Neogen Corp.

Following the reported transaction, Borel's direct beneficial ownership of Neogen Corp common stock stands at 106,737 shares, as disclosed in the filing. The filing was signed by Christopher Sefcheck as attorney in fact on October 30, 2026, and was filed by one reporting person.

What Was Disclosed

The filing reported that Director James C. Borel of Neogen Corp received 1,776 shares of common stock upon the vesting and settlement of an equal number of restricted stock units on October 29, 2026, at a stated price of $12.21, bringing his direct holdings to 106,737 shares.