Bassett Mark R 4

What Happened Mark R. Bassett, a director of American Vanguard Corp (AVD), was granted 31,872 deferred stock units (DSUs) on June 4, 2026. The Form 4 reports the acquisition at $0.00 (award), so no cash changed hands; the grant is part of the company's non‑management director compensation program tied to the 2026 annual meeting.

Key Details

• Transaction date: 2026-06-04; Form 4 filed 2026-06-05 (timely).
• Transaction type/code: Award/Grant (A); 31,872 DSUs granted at $0.00.
• Reported dollar value on Form 4: $0 for the acquisition (award).
• Shares owned after the transaction: Not specified in the provided filing.
• Footnote summary: Each DSU represents the right to receive one share upon settlement, which occurs on the earlier of (i) end of the recipient’s service, (ii) a change of control, or (iii) the recipient’s death. DSUs are nontransferable during service and carry no voting or dividend rights until settlement; they are governed by the company's standard DSU agreement.

Context This was an award of deferred compensation for a non‑management director, not an open‑market purchase or sale. Because DSUs pay out later (subject to conditions above) and carry no current voting/dividend rights, this grant is a routine compensation action rather than an immediate signal of insider buying or selling.