Company: NEOG
Filing Date: 2025-06-24
Form Type: 11-K
Source: 0000950170-25-089430
Chunk: 7

Company: NEOGEN CORP
Filing Date: 2025-06-24
Form: 11-K
Chunk 7
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 methods described may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

The following tables set forth by level, within the fair value hierarchy, the Plan’s assets at fair value as of December 31, 2024 and 2023.

|                                          |     | Assets at Fair Value as of December 31, 2024 |             |     |         |   |     |         |   |     |       |             |
|:-----------------------------------------|:----|:---------------------------------------------|------------:|:----|:--------|:--|:----|:--------|:--|:----|:------|------------:|
|                                          |     | Level 1                                      |             |     | Level 2 |   |     | Level 3 |   |     | Total |             |
| Assets                                   |     |                                              |             |     |         |   |     |         |   |     |       |             |
| Mutual funds                             |     | $                                            |  97,002,628 |     | $       | - |     | $       | - |     | $     |  97,002,628 |
| Common stock of Plan Sponsor             |     |                                              |   5,203,906 |     |         | - |     |         | - |     |       |   5,203,906 |
| Total assets in the fair value hierarchy |     |                                              | 102,206,534 |     |         | - |     |         | - |     |       | 102,206,534 |
| Investments measured at net asset value  |     |                                              |           - |     |         | - |     |         | - |     |       |   4,894,309 |
| Total investments, at fair value         |     | $                                            | 102,206,534 |     | $       | - |     | $       | - |     | $     | 107,100,843 |

|                                          |     | Assets at Fair Value as of December 31, 2023 |            |     |         |   |     |         |   |     |       |             |
|:-----------------------------------------