NEOGEN CORP — Form 10-K
Filed July 30, 2026 · analyzed by the Periodic Agent
10-K
— Neutral
significance 28/100
What the filing says
Amy Rocklin, SVP Chief Legal and Administrative Officer, separated from Neogen on March 31, 2026 (not for cause). She received 12 months base salary ($455,000), FY2026 target bonus ($227,500), COBRA coverage (52 weeks), and accelerated vesting of equity awards scheduled to vest through October 26, 2026. Her accelerated equity comprised approximately 771K RSUs and stock options across multiple grants (detailed in Exhibit A), with strike prices ranging from $5.43–$40.85 per share. She retained transition duties through April 30, 2026.
Why this rating
Routine executive departure. Separation costs ~$1M cash + modest equity acceleration (~$4–6M at current valuations, ~0.15–0.22% of $2.7B market cap). No business disruption signal; standard severance package. No material operational impact.
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