Nassif Mikheal 4
Research Summary
AI-generated summary
NEOG CEO Nassif Mikheal Buys Stock (Open Market)
What Happened
Nassif Mikheal, CEO and Director of NEOGEN CORP (NEOG), made two small open-market purchases of company stock. On 2026-01-26 he acquired 25 shares at $9.86 each (reported value $246), and on 2026-02-02 he acquired 24 shares at $10.00 each (reported value $240), for a combined 49 shares and $486 total. These transactions are purchases (insider buys), which investors often view as a more informative signal than sales, though the dollar amounts here are small.
Key Details
- Transactions: Open-market purchases (Code P).
- Dates & prices: 2026-01-26 — 25 shares @ $9.86 ($246); 2026-02-02 — 24 shares @ $10.00 ($240).
- Total acquired: 49 shares for $486.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: F1 — the reporting person disclaims beneficial ownership of these securities (the filing states this should not be taken as an admission of beneficial ownership).
- Filing timeliness: Form 4 was filed on 2026-02-02 for a transaction dated 2026-01-26 (filed 7 days later); Section 16 filers are normally required to report within two business days, so this appears late and may reduce the timeliness/usefulness of the signal.
Context
These are small-dollar open-market purchases by the company's CEO. While insider buys can be interpreted as a bullish sign, the amounts here are modest and should be weighed alongside other information (company results, larger insider trades, and overall portfolio moves). No indication of option exercises, 10b5-1 trading plan, tax withholding, or gifts is noted in the filing.