Director at American Vanguard (AVD) receives 31,872 deferred stock units
Rhea-AI Filing Summary
Macicek Steven D reported acquisition or exercise transactions in this Form 4 filing.
American Vanguard Corp director Steven D. Macicek reported an equity award of 31,872 deferred stock units (DSUs) of common stock. The units were granted at no cash cost as part of the company’s compensation program for non‑management directors in connection with the 2026 annual stockholders’ meeting.
Each DSU represents the right to receive one share of common stock upon settlement, which occurs when Macicek’s board service ends, upon a change of control, or upon his death. After this grant, he directly holds 80,711 shares or share-equivalent units. DSUs are nontransferable during service and carry neither voting nor dividend rights until they settle.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 31,872 shares
Net Buy
1 txn
Insider
Macicek Steven D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,872 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 80,711 shares (Direct)
Footnotes (1)
- F1. These represent deferred stock units ("DSU") that were awarded as part of the Company's compensation program for non-management directors in connection with the 2026 annual stockholders' meeting. Each DSU constitutes the right to receive one share of the Company's common stock upon settlement (which occurs on the earlier to occur of either (i) when the recipient's service on the Company's board is concluded, (ii) a change of control or (iii) the recipient's death). During the remaining term of service, DSUs are nontransferable and carry neither voting nor dividend rights. DSUs are subject to the terms and conditions of the Company's standard form DSU agreement.
Key Figures
DSUs granted: 31,872 units
Transaction price per DSU: $0.0000 per unit
Holdings after transaction: 80,711 shares/units
+2 more
5 metrics
DSUs granted
31,872 units
Deferred stock units awarded to director on 2026-06-04
Transaction price per DSU
$0.0000 per unit
Equity award granted at no cash cost
Holdings after transaction
80,711 shares/units
Total common stock or share-equivalent units following grant
DSU settlement triggers
3 triggers
Board service end, change of control, or death
Voting and dividend rights
None before settlement
DSUs are nontransferable and carry no voting or dividend rights
Key Terms
deferred stock units ("DSU"), change of control, non-management directors, voting rights, +1 more
5 terms
deferred stock units ("DSU") financial
"These represent deferred stock units ("DSU") that were awarded as part of the Company's compensation program"
change of control financial
"settlement (which occurs on the earlier to occur of either (i) when the recipient's service ... (ii) a change of control"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
non-management directors financial
"awarded as part of the Company's compensation program for non-management directors in connection with the 2026 annual stockholders' meeting"
voting rights financial
"During the remaining term of service, DSUs are nontransferable and carry neither voting nor dividend rights"
Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.
dividend rights financial
"DSUs are nontransferable and carry neither voting nor dividend rights"
Dividend rights are a shareholder’s entitlement to receive a portion of a company’s profits when the board declares a payout, similar to having a ticket that lets you take a slice of a shared pie. These rights determine who gets paid, how much and in what order (different share classes can have priority), so they matter to investors because they affect expected income, trade value and how quickly cash returns to owners.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did American Vanguard (AVD) report for Steven D. Macicek?
American Vanguard reported that director Steven D. Macicek received 31,872 deferred stock units (DSUs) of common stock. The award was granted at no cash cost as part of the company’s compensation program for non‑management directors tied to the 2026 annual stockholders’ meeting.
How many American Vanguard DSUs did Steven D. Macicek receive and at what price?
Steven D. Macicek was granted 31,872 deferred stock units (DSUs) of American Vanguard common stock. The Form 4 lists the transaction price per share as 0.0000, reflecting that this was a compensation-related equity award rather than an open-market purchase for cash.
What are American Vanguard deferred stock units (DSUs) awarded to directors?
American Vanguard DSUs are compensation awards for non‑management directors, each representing the right to receive one share of common stock upon settlement. Settlement occurs when board service concludes, upon a change of control, or upon the recipient’s death, and DSUs carry no voting or dividend rights before settlement.
When do Steven D. Macicek’s American Vanguard DSUs settle into common stock?
Steven D. Macicek’s DSUs settle into one share of American Vanguard common stock per unit on the earlier of three events: when his service on the company’s board concludes, a change of control occurs, or his death, according to the terms described for the deferred stock units.
Do American Vanguard DSUs for directors have voting or dividend rights before settlement?
The DSUs awarded to American Vanguard non‑management directors do not provide voting or dividend rights before settlement. During the remaining term of board service, these deferred stock units are nontransferable and carry neither voting nor dividend rights, as described in the award’s terms.