Ranalli Tamara A. 4

What Happened Tamara A. Ranalli, Senior Vice President of Neogen Corp (NEOG), was granted awards on January 7, 2026. The filing shows acquisition of 50,813 shares at $7.38 each (total value $375,000) and 130,605 derivative shares reported at $0 (RSUs/other derivative award). These were reported as grants/awards (code A), i.e., new equity awards rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-01-07
• Grants reported:
  • 50,813 shares acquired at $7.38 each — total reported value $375,000
  • 130,605 derivative shares acquired at $0.00 — reported as a derivative award (likely RSUs)
• Shares owned after the transaction: Not disclosed in the provided filing
• Footnote: F1 — Options and RSUs vest in equal annual installments on each of the first three anniversaries of the grants
• Filing timing: Report filed 2026-01-26 for a 2026-01-07 transaction (filed ~19 days later), which is outside the typical 2-business-day Form 4 window and therefore appears late

Context The 130,605 shares reported at $0 are derivative awards (commonly restricted stock units) that vest over time per the footnote; they do not represent an immediate cash purchase. The 50,813-share award at $7.38 represents an equity grant with an attributable value of $375,000. Awards are routine compensation for executives and are different from open-market purchases or immediate exercises/sales; they do not, by themselves, indicate a public signal to buy or sell the stock.