AVD Form 4: Scott Baskin Receives 8,810 Shares as Director Compensation
Rhea-AI Filing Summary
American Vanguard Corporation (AVD) reported that director Scott Baskin was awarded 8,810 shares of common stock on 08/07/2025 as part of the company’s non-management director compensation program. The shares were granted at a price of $0, reflecting an award rather than an open-market purchase.
Following the grant, Mr. Baskin’s reported beneficial ownership increased to 41,997 shares. The filing identifies Mr. Baskin as a director and notes the award was connected to the 2025 annual stockholders' meeting. This is a routine equity award disclosed on Form 4 and does not include additional transactions or derivative positions.
Positive
- 8,810 shares were awarded to Director Scott Baskin as part of director compensation, reflecting continued director alignment with shareholders
- Reported beneficial ownership increased to 41,997 shares, a clear, quantifiable change disclosed on Form 4
Negative
- None.
Insights
TL;DR: Routine director equity award; increases director ownership but appears non-dilutive in isolation.
The Form 4 discloses a standard non-management director equity grant of 8,810 shares awarded at $0, intended as director compensation tied to the 2025 annual meeting. Such awards are commonly used to align directors' interests with shareholders. The reporting person’s beneficial ownership rises to 41,997 shares, and no derivative holdings or disposals are reported. From a governance perspective, this is a typical disclosure without indication of unusual governance actions or changes to compensation policy within the filing.
TL;DR: Transaction is a compensation grant, not a market purchase; limited immediate market impact.
The reported transaction code indicates an acquisition via award rather than market activity: 8,810 shares granted at $0. The filing lists total beneficial ownership of 41,997 shares for the reporting person. No cash consideration, option exercises, or derivative transactions are shown. For investors, this filing documents insider alignment through equity compensation but does not present material capital raises, sales, or executive trading activity in this record.