American Vanguard (AVD) director receives 31,872 deferred stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McDougal Rubin J reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN VANGUARD CORP director Rubin J. McDougal received 31,872 deferred stock units (DSUs) as compensation. The award was granted in connection with the company’s 2026 annual stockholders’ meeting and is recorded at no cash cost per unit.
Each DSU represents the right to receive one share of common stock when the award settles. Settlement occurs at the earlier of the director leaving the board, a change of control, or the director’s death. Until then, the DSUs are nontransferable and carry no voting or dividend rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McDougal Rubin J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,872 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 31,872 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred stock units granted: 31,872 units
Per-unit grant price: $0.0000 per unit
Holdings after transaction: 31,872 units
+1 more
4 metrics
Deferred stock units granted
31,872 units
Non-management director compensation tied to 2026 annual stockholders’ meeting
Per-unit grant price
$0.0000 per unit
Reported grant price for DSU award
Holdings after transaction
31,872 units
Total deferred stock units directly held after grant
Transaction date
June 4, 2026
Form 4 reported transaction date for DSU grant
Key Terms
deferred stock units, DSU, change of control, nontransferable, +1 more
5 terms
deferred stock units financial
"These represent deferred stock units ("DSU") that were awarded as part"
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.
DSU financial
"Each DSU constitutes the right to receive one share of the Company's"
change of control financial
"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)"
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.
FAQ
What did American Vanguard (AVD) director Rubin J. McDougal report on this Form 4?
Rubin J. McDougal reported receiving 31,872 deferred stock units as part of American Vanguard’s non‑management director compensation. These units are tied to the 2026 annual stockholders’ meeting and convert into common shares when specific settlement events occur.
What are deferred stock units (DSUs) in the American Vanguard (AVD) Form 4 filing?
Deferred stock units are share‑based awards that give the right to receive one common share at settlement. For American Vanguard’s non‑management directors, DSUs are nontransferable, carry no voting or dividend rights, and settle when board service ends, upon change of control, or upon death.
When will the American Vanguard (AVD) director’s DSUs from this grant settle into common stock?
The DSUs will settle into common stock at the earlier of three events: when the director’s board service ends, when a change of control occurs, or upon the director’s death. Until then, the DSUs remain outstanding without voting or dividend rights.
Does the American Vanguard (AVD) director pay cash for the 31,872 deferred stock units?
The reported transaction shows a per‑unit price of $0.0000, indicating these deferred stock units were granted as compensation rather than purchased for cash. They are part of American Vanguard’s standard compensation program for non‑management directors tied to the 2026 annual meeting.