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NEOGENOMICS INC·4

Feb 24, 4:15 PM ET

Sherman Jeffrey Scott 4

Research Summary

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NeoGenomics (NEO) CFO Jeffrey Sherman Converts RSUs; Shares Withheld

What Happened

  • NeoGenomics CFO Jeffrey Scott Sherman had restricted/derivative awards convert into common stock on Feb 21 and Feb 23, 2026. The filing shows 42,158 shares converted on Feb 21 and 15,535 shares converted on Feb 23 (57,693 total). All transactions report $0.00 per share because these were conversions of awards rather than open-market purchases.
  • To satisfy tax withholding obligations, 10,729 shares were surrendered on Feb 21 and 3,783 shares were surrendered on Feb 23 (14,512 shares total). Net shares retained by Mr. Sherman from these conversions were 43,181.

Key Details

  • Transaction dates: Feb 21, 2026 and Feb 23, 2026; Form filed Feb 24, 2026.
  • Transaction codes: M = exercise/conversion of derivative (conversion of award into shares); F = payment of exercise price or tax liability (shares withheld to cover taxes).
  • Reported amounts and prices: 57,693 shares acquired via conversion at $0.00; 14,512 shares disposed/withheld at $0.00.
  • Net shares received after withholding: 43,181.
  • Notable footnotes: F1 confirms restricted stock units convert into common stock upon vesting; F3 notes the withheld shares were used to satisfy tax withholding obligations. Other footnotes list prior grants (options, RSUs, PSUs) related to Mr. Sherman but are not part of these conversions.
  • Shares owned after the transactions: not specified in the provided data.
  • Filing timeliness: Form filed Feb 24 covering Feb 21–23 transactions; no late-filing notation provided in the supplied information.

Context

  • These were award conversions/vestings (derivative conversions), not open-market buys or discretionary sales. The F entries reflect a common cashless/static withholding: the company retains a portion of the vested shares to cover taxes rather than collecting cash.
  • Transaction codes: M = conversion/exercise of derivative award; F = shares withheld for tax obligations. Such conversions are routine compensation events and do not by themselves signal a buy or sell decision in the open market.