AMERICAN VANGUARD (AVD) awards 31,872 deferred stock units to director Rosenbloom
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROSENBLOOM KEITH M reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN VANGUARD CORP director Keith M. Rosenbloom received a grant of 31,872 deferred stock units (DSUs) on Common Stock as part of the company’s 2026 non‑management director compensation program.
After this award, he directly holds 66,283 shares-equivalent, with each DSU settling into one common share when his board service ends, upon a change of control, or upon his death. The DSUs are nontransferable and carry no voting or dividend rights during his service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROSENBLOOM KEITH M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,872 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 66,283 shares (Direct, null)
Footnotes (1)
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Key Figures
DSU grant size: 31,872 units
Post-transaction holdings: 66,283 shares-equivalent
Grant price: $0.0000 per unit
3 metrics
DSU grant size
31,872 units
Deferred stock units awarded on 2026-06-04
Post-transaction holdings
66,283 shares-equivalent
Total common stock/DSUs following grant
Grant price
$0.0000 per unit
Reported transaction price per DSU
Key Terms
deferred stock units, change of control, nontransferable, voting 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 on the Company's board is concluded, (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.
nontransferable financial
"During the remaining term of service, DSUs are nontransferable and carry neither voting nor dividend rights."
voting rights financial
"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.
FAQ
What did AMERICAN VANGUARD (AVD) director Keith Rosenbloom report on this Form 4?
He reported receiving 31,872 deferred stock units as compensation. These units relate to AMERICAN VANGUARD common stock and were granted in connection with the company’s 2026 annual stockholders’ meeting for non‑management directors.
What are deferred stock units (DSUs) in the AMERICAN VANGUARD (AVD) Form 4?
Deferred stock units are awards that track AMERICAN VANGUARD’s common stock but settle later into actual shares. Each DSU here converts into one share when board service ends, a change of control occurs, or upon the director’s death.
Do the AMERICAN VANGUARD (AVD) DSUs grant voting or dividend rights to Keith Rosenbloom?
No. During his remaining term of service, the deferred stock units are nontransferable and provide neither voting nor dividend rights. Economic ownership of actual AMERICAN VANGUARD shares only arises when the DSUs are ultimately settled.
Is the AMERICAN VANGUARD (AVD) DSU award to Keith Rosenbloom a cash purchase?
No. The reported transaction is a grant or award acquisition at a stated price of $0.0000 per unit. It represents equity-based compensation rather than an open-market cash purchase of AMERICAN VANGUARD shares.