American Vanguard (AVD) awards 31,872 deferred stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Vanguard Corp director Mark R. Bassett received a grant of 31,872 deferred stock units (DSUs) of common stock as part of the company’s 2026 non-management director compensation program. Following this award, he directly holds 89,919 shares or DSUs in total. Each DSU converts into one common share upon settlement when his board service ends, upon a change of control, or upon his death, and carries no voting or dividend rights while outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bassett Mark R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,872 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 89,919 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
DSU grant size: 31,872 units
Post-transaction holdings: 89,919 shares/DSUs
Grant price: $0.00 per unit
+1 more
4 metrics
DSU grant size
31,872 units
Deferred stock units awarded on 2026-06-04
Post-transaction holdings
89,919 shares/DSUs
Total direct holdings after grant
Grant price
$0.00 per unit
Compensation award, not market purchase
Security type
Common Stock / DSUs
Each DSU equals one common share at settlement
Key Terms
deferred stock units, change of control, nontransferable, dividend rights, +1 more
5 terms
deferred stock units financial
"These represent deferred stock units ("DSU") that were awarded as part of the Company's compensation program"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
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 or (iii) the recipient's death)"
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.
nontransferable financial
"During the remaining term of service, DSUs are nontransferable and carry neither voting nor dividend rights."
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.
compensation program for 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."
FAQ
What did American Vanguard (AVD) director Mark R. Bassett report on this Form 4?
Mark R. Bassett reported receiving 31,872 deferred stock units (DSUs). These units were granted as part of American Vanguard’s 2026 compensation program for non-management directors and represent the right to receive an equal number of common shares at a later settlement date.
What are deferred stock units (DSUs) in the American Vanguard (AVD) filing?
Deferred stock units are compensation instruments that convert into common stock later. Each DSU equals one American Vanguard share upon settlement and is typically used for director compensation, aligning directors’ interests with shareholders without immediate share issuance or voting rights.
Do the American Vanguard (AVD) DSUs grant voting or dividend rights before settlement?
No, the DSUs do not provide voting or dividend rights while outstanding. During Bassett’s remaining term of board service, the DSUs are nontransferable and carry neither voting power nor dividend entitlements until they convert into actual common shares at settlement.
Is this American Vanguard (AVD) Form 4 transaction an open-market stock purchase or sale?
No, this transaction is a grant of deferred stock units, not a market trade. The Form 4 shows a compensation-related award with a reported price of $0.00 per unit, rather than an open-market purchase or sale of American Vanguard shares.