Company: NEOG
Filing Date: 2025-06-24
Form Type: 11-K
Source: 0000950170-25-089430
Chunk: 8

Company: NEOGEN CORP
Filing Date: 2025-06-24
Form: 11-K
Chunk 8
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     | Daily         |     | 12 months     |
|                        |     |            |           |     |             |     | Redemption    |     |               |
|                        |     |            |           |     |             |     | Frequency (If |     |               |
| December 31,           |     |            |           |     | Unfunded    |     | Currently     |     | Redemption    |
| 2023                   |     | Fair Value |           |     | Commitments |     | Eligible)     |     | Notice Period |
| Collective trust fund  |     | $          | 4,966,139 |     | n/a         |     | Daily         |     | 12 months     |

5. Parties-In-Interest Certain Plan investments are managed by Fidelity Management Trust Company. Fidelity Management Trust Company is the custodian and trustee of the Plan and, therefore, transactions with Fidelity Management Trust Company qualify as party-in-interest transactions. Fees paid by the Plan for the custodial, advisory, and record keeping services amounted to $ 186,891 for 2024. Fees paid by the Plan for investment management, auditing and other professional services rendered by parties-in-interest were based on customary and reasonable rates for such services. The Plan invests in the common stock of Neogen Corporation, the Plan’s Sponsor, a party-in-interest. Investment in Neogen Corporation common stock was $ 5,203,906 and $ 8,513,372 as of December 31, 2024 and 2023, respectively. As of December 31, 2024, the investment in Neogen Corporation’s common stock represents 428,658 shares at a market price of $ 12.14 per share. As of December 31, 2023, the investment in Neogen Corporation’s common stock represents 423,340 shares at a market price of $ 20.11 per share.

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6. Risks and Uncertainties The Plan invests in common stock of the Plan Sponsor, mutual funds, and common collective trusts with underlying assets consisting of any combination of stocks, bonds, fixed income securities and other investment securities. Investment securities are exposed to various risks, such as interest rate, market, and credit risks. Market risks include global events which could impact the value of investment securities, such as a pandemic or international conflict. Due to the level of interest rate, market, and credit risks inherent with certain