Kaye Douglas 4
Research Summary
AI-generated summary
AMERICAN VANGUARD (AVD) CEO Kaye Douglas Buys 4,790 Shares
What Happened
Kaye Douglas, CEO of American Vanguard Corp (AVD), acquired 4,790 shares of AVD common stock on January 29, 2026 at $3.26 per share, a total reported cost of $15,615. The Form 4 lists this as a discretionary transaction; a filing footnote clarifies the shares were purchased through the issuer’s employee stock purchase plan (ESPP).
Key Details
- Transaction date: 2026-01-29; price: $3.26; total value: $15,615.
- Transaction type: Acquisition (ESPP purchase) — recorded as a discretionary transaction (I) on the Form 4.
- Footnote: Shares bought via ESPP using payroll deductions from July 1, 2025 through Dec 31, 2025 at 85% of the lesser of the fair market value on the first or last day of that offering period.
- Shares owned after transaction: not stated in the provided filing.
- Filing timeliness: Reported on the same date (Period of Report and filing date 2026-01-29), no late filing indicated.
Context
ESPP purchases are common for employees and executives and reflect participation in a company-sponsored plan that can provide a discounted entry price (here, 85% of the lesser of start/end period FMV). Such purchases are generally routine compensation/benefit activity rather than direct market-timing statements by the insider.