American Vanguard (AVD) Form 4: 17,621 DSUs Granted to Director

Rhea-AI Filing Summary

American Vanguard Corporation director Steven D. Macicek was awarded 17,621 deferred stock units (DSUs) on 08/07/2025 as part of the companys non-management director compensation program tied to the 2025 annual stockholders meeting. Each DSU represents the right to receive one share of common stock upon settlement.

The DSUs were granted at $0, are nontransferable during the recipients service, and carry no voting or dividend rights until settlement. Following the award the reporting persons beneficial ownership is reported as 48,839 shares.

Positive

• 17,621 DSUs awarded to the reporting director as explicit non-management director compensation
• Each DSU equals one share upon settlement, as stated in the filing
• Beneficial ownership reported at 48,839 shares following the award

Negative

• DSUs are nontransferable during the remaining term of service
• DSUs carry no voting or dividend rights until they are settled into shares

Insights

Corporate Governance Expert

TL;DR: Routine director equity award; increases reported beneficial ownership but confers no immediate voting or dividend rights.

The reported Form 4 documents a director compensation award consistent with standard non-management director DSU programs. The award of 17,621 DSUs is explicitly described as converting to one share per DSU upon settlement and is nontransferable during service. For governance analysis, the key points are the lack of voting and dividend rights while the director remains in service and the explicit terms tying settlement to termination of service.

Securities Analyst

TL;DR: Non-cash equity grant increases reported stake to 48,839 shares; award recorded at $0 and will settle into common shares later.

From a securities perspective, the Form 4 shows an acquisition of DSUs rather than a cash purchase. The filing lists a $0 grant price and identifies that each DSU entitles the holder to one share upon settlement. The immediate reported beneficial ownership after the award is 48,839 shares. The disclosure is straightforward and appears to be a routine compensation-related disclosure with no other transactions or derivative positions reported.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Macicek Steven D

(Last) (First) (Middle)

4695 MACARTHUR COURT, SUITE 1200

(Street)

NEWPORT BEACH CA 92660

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN VANGUARD CORP [ AVD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/07/2025		A		17,621(1)	A	$0	48,839	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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 2025 annual stockholders' meeting. Each DSU constitutes the right to receive one share of the Company's common stock upon settlement (which occurs when the recipient's service with the Company is concluded). 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.

	/s/ STEVEN D. MACICEK	08/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction was reported on the AVD Form 4?

The Form 4 reports an award of 17,621 deferred stock units (DSUs) to director Steven D. Macicek on 08/07/2025.

How many shares does Steven D. Macicek beneficially own after the transaction?

Following the reported award the filing shows 48,839 shares beneficially owned.

What rights do the DSUs carry while the director remains in service?

The DSUs are explicitly stated to be nontransferable and carry no voting or dividend rights during the recipient's service.

At what price were the DSUs granted?

The DSUs were granted at $0, per the transaction details in the filing.

Who filed the Form 4 and what is their relationship to AVD?

The reporting person is Steven D. Macicek, identified in the Form 4 as a Director of American Vanguard Corporation (AVD).