American Vanguard (AVD) Form 4 — 17,621 Deferred Stock Units Granted to Director
Rhea-AI Filing Summary
Mark R. Bassett, a director of American Vanguard Corporation (AVD), reported the award of 17,621 deferred stock units (DSUs) on 08/07/2025 as part of the company’s non-management director compensation program. The DSUs are granted at $0, are nontransferable during the recipient’s service, and represent the right to receive one share of common stock upon settlement when the recipient’s service ends.
Following the award, the form shows 34,411 shares/units beneficially owned by the reporting person. No derivative securities were reported and the filing was submitted as an individual Form 4 by the director.
Positive
- 17,621 DSUs awarded to a non-management director, increasing reported beneficial ownership to 34,411 shares/units
- DSU award recorded under the company’s standard director compensation program (transparent disclosure on Form 4)
Negative
- DSUs carry no voting or dividend rights while service continues, so the award does not immediately increase shareholder control or income
- Nontransferable during service, meaning the economic interest is deferred and not liquid until settlement
Insights
Routine director compensation award; increases reported beneficial ownership but is standard governance practice.
This Form 4 documents a non-management director DSU grant of 17,621 units that convert to one share each upon settlement at end of service. The units are nontransferable and carry no voting or dividend rights during service, consistent with many DSU plans. Beneficial ownership after the award is reported as 34,411, which quantifies the director's reported economic interest but does not indicate immediate voting or dividend influence.
Insider filing is informational and not materially market-moving on its own.
The transaction is recorded as an acquisition at $0 under the issuer’s director compensation program and reflects non-cash, deferred compensation rather than open-market purchases or sales. No derivatives or option exercises were reported. As a standalone disclosure, this is a routine change in reported beneficial ownership tied to compensation rather than a liquidity event.