Gilliam Nolteanous 4

What Happened
Gilliam Nolteanous, Senior Vice President of Manufacturing at American Vanguard Corp (AVD), received a grant of 20,000 incentive stock options on 2026-06-04. The Form 4 reports the award as 20,000 derivative securities at a reported price of $0.00 (total reported value $0). This is an equity compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-04; Form 4 filed 2026-06-05.
• Reported amount: 20,000 incentive stock options; reported price $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: options vest in their entirety on the third anniversary of the grant date and expire on the tenth anniversary of the grant date.
• Filing timeliness: appears timely (filed the day after the transaction); no late-file flag noted.

Context
These are option awards for future compensation — they do not represent an immediate purchase or sale of company stock. Vesting in three years means the options cannot be exercised until the vesting date; expiry is 10 years from grant. Such grants are common as part of executive compensation and do not by themselves indicate insider buying or selling intentions.