Vanguard Capital Management Establishes 5.13% Passive Stake in Neogen Corp (NEOG)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.13% stake in Neogen Corp (NEOG). As of the event date on March 31, 2026, the investment adviser beneficially owns 11,164,628 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 11,164,628 shares, while maintaining sole voting power over 1,599,582 shares. The reported holdings represent a significant increase from a previous position of 0%, crossing the 5% ownership threshold that triggers public disclosure. The filing includes shares held by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. Vanguard certified that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This passive investment reflects Vanguard's expanded footprint in the Lansing, Michigan-based food and animal safety company.