Neogen (NEOG) SVP Tamara Ranalli Receives Awards for 156,602 Shares
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Neogen (NEOG) SVP Tamara Ranalli Receives Awards for 156,602 Shares
What Happened Tamara A. Ranalli, Senior Vice President of Neogen Corp (NEOG), was granted equity awards on 2026-08-14: 25,751 option shares with an exercise price of $11.65 (total reported value $299,999) and 130,851 performance stock units (PSUs) recorded at $0.00. The filings are awards (transaction code A), not open-market purchases or sales—these are compensation grants rather than immediate purchases or disposals.
Key Details
- Transaction date: 2026-08-14 (filed same day).
- Grant 1: 25,751 option shares at $11.65; aggregate reported value $299,999.
- Grant 2: 130,851 PSUs reported at $0.00 (derivative award).
- Vesting / pay-out terms: Options vest in equal annual installments over the first three anniversaries of the grant (F1). PSUs vest in full at the three-year anniversary of the grant (F2).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing timeliness: no late filing indicated (report date equals transaction date).
Context These awards are standard compensation grants. The options are not exercises or cashless sales—there was no immediate sale reported. PSUs are performance-based awards that will only convert to shares (if at all) at the end of the three-year period according to the plan’s performance and vesting conditions.