---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-110547"
form_type: "8-K"
ticker: "NEOG"
cik: "0000711377"
company_name: "NEOGEN CORP"
filed_at: "2025-08-21T23:59:59+00:00"
generated_at: "2026-05-17T10:59:22.861493+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Neogen grants PSUs and stock options to CEO and other NEOs for FY2026 LTI

## Summary
- CEO Mikhael Nassif receives 414,365 PSUs (target) and 1,065,042 options at $5.43 strike, vesting over 3 years.
- PSUs based on 3-year performance: Revenue CAGR (40%), Adjusted EBITDA Margin expansion (30%), Cash Flow Conversion (30%).
- PSUs include rTSR modifier: +20% at 75th percentile, -20% below 25th percentile; max payout 200% of target.
- CFO/COO David Naemura gets 230,203 PSUs and 591,690 options; CLCO Amy Rocklin gets 119,705 PSUs and 307,680 options.
- Options have 10-year term, strike price $5.43; PSUs represent 50% of each NEO's FY2026 long-term incentive.

## SEC filing metadata
- accession: 0000950170-25-110547
- form_type: 8-K
- ticker: NEOG
- cik: 0000711377
- company_name: NEOGEN CORP
- filed_at: 2025-08-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711377/000095017025110547/0000950170-25-110547-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711377/000095017025110547/neog-20250815.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-110547
- JSON: https://secwatch.observer/filing/0000950170-25-110547.json
- Plain text: https://secwatch.observer/filing/0000950170-25-110547.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
