Johnson David` T. 4
Research Summary
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American Vanguard (AVD) CFO David T. Johnson Receives Award
What Happened David T. Johnson, Chief Financial Officer & Treasurer of American Vanguard Corp (AVD), was granted 20,000 derivative securities on 2026-06-04 reported as an award/acquisition. The Form 4 lists the acquisition as 20,000 shares at $0.00 (derivative), indicating an option-style award rather than a cash purchase.
Key Details
- Transaction date: 2026-06-04; reported on Form 4 filed 2026-06-08 (timely).
- Transaction type/code: A — Award/Grant (derivative security).
- Amount: 20,000 shares (incentive stock options); acquisition price shown as $0.00 on the Form 4.
- Vesting/expiration (footnote F1): Options vest in full on the 3rd anniversary of the grant and expire on the 10th anniversary.
- Shares owned after transaction: Not specified in the summary provided.
- Role: Johnson is the company’s CFO & Treasurer (reported in remarks).
Context These are option awards, not an immediate market purchase — the holder must wait for vesting and then exercise (subject to option terms) before realizing value. The grant is a common long-term incentive for executives; it does not by itself indicate a near-term buy or sell of stock.