Neogen insider activity points to tax transaction, not open market sell
Amy Rocklin, Neogen Corp.’s former chief legal officer, converted 35,183 restricted stock units into common shares and had 10,241 withheld for taxes after leaving the company, according to a U.S. securities filing. Rocklin held 82,182 shares following the May 18 transaction. The move comes as Neogen restructures and prepares to sell its global genomics business to Zoetis for $160 million.