American Vanguard Corp Files Definitive Proxy Statement

TL;DR

<b>American Vanguard Corp has filed its Definitive Proxy Statement on April 25, 2024, for the reporting period ending June 6, 2024.</b>

AI Summary

AMERICAN VANGUARD CORP (AVD) filed a Proxy Statement (DEF 14A) with the SEC on April 25, 2024. Filing type: DEF 14A (Definitive Proxy Statement). Filing date: 2024-04-25. Reporting period: 2024-06-06. Company: American Vanguard Corp (Ticker: AVD). Industry: Agriculture Chemicals (SIC 2870).

Why It Matters

For investors and stakeholders tracking AMERICAN VANGUARD CORP, this filing contains several important signals. This filing provides detailed information regarding executive compensation, board of directors, and shareholder proposals, which are crucial for investors to understand governance and potential future strategies. As a DEF 14A filing, it signifies a formal solicitation of proxies from shareholders for an upcoming meeting, indicating important decisions are to be made.

Risk Assessment

Risk Level: low — AMERICAN VANGUARD CORP shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic shifts, thus posing a low immediate risk.

Analyst Insight

Review the executive compensation details and any shareholder proposals to assess potential impacts on corporate governance and future strategy.

Key Numbers

• 2024-04-25 — Filing Date (Date the DEF 14A was filed.)
• 2024-06-06 — Period of Report (The period for which the report is filed.)
• 001-13795 — SEC File Number (SEC file number for American Vanguard Corp.)
• 24877291 — Film Number (Film number associated with the filing.)

Key Players & Entities

• AMERICAN VANGUARD CORP (company) — Filer name
• AVD (company) — Ticker symbol
• 2024-04-25 (date) — Filing date
• 2024-06-06 (date) — Reporting period
• 0000950170-24-048460 (other) — Accession number
• DEF 14A (other) — Form type
• 2870 (other) — Standard Industrial Classification
• 949-260-1200 (other) — Business phone number

FAQ

Industry Context

American Vanguard Corp operates in the Agriculture Chemicals industry, specifically within SIC code 2870.

Regulatory Implications

The filing is a DEF 14A, a standard SEC form for definitive proxy statements, used to solicit shareholder votes.

What Investors Should Do

1. Analyze the executive compensation structure and any changes disclosed in the filing.
2. Identify and review any shareholder proposals or director nominations presented.
3. Note the fiscal year end (12/31) and incorporation state (DE) for corporate context.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for proxy solicitations and does not represent a change from previous filings in terms of its nature, but rather provides updated information for the current reporting period.

Key Financial Figures

• $0.01 — s of common stock having a par value of $0.01 per share were issued, of which 5,915,1
• $3,800 — purpose for a flat fee of approximately $3,800. Although there is no formal agreement
• $1 billion — rved on the board of Bush's Brothers (a $1 billion family company) and is also a member of

Filing Documents

• avd-20240425.htm (DEF 14A) — 1645KB
• img98390405_0.jpg (GRAPHIC) — 12KB
• img98390405_1.jpg (GRAPHIC) — 21KB
• img98390405_2.jpg (GRAPHIC) — 85KB
• img98390405_3.jpg (GRAPHIC) — 102KB
• img98390405_4.jpg (GRAPHIC) — 110KB
• img98390405_5.jpg (GRAPHIC) — 103KB
• img98390405_6.jpg (GRAPHIC) — 12KB
• img98390405_7.jpg (GRAPHIC) — 81KB
• img98390405_8.jpg (GRAPHIC) — 60KB
• 0000950170-24-048460.txt (&nbsp;) — 4223KB
• avd-20240425.xsd (EX-101.SCH) — 39KB
• avd-20240425_htm.xml (XML) — 499KB

From the Filing

DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 AMERICAN VANGUARD CORPORATION (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 AMERICAN VANGUARD CORPORATION 4695 MacArthur Court, Suite 1200 Newport Beach, California 92660 April 25, 2024 NOTICE OF 2024 ANNUAL MEETING OF STOCKHOLDERS To the Stockholders of American Vanguard Corporation: Notice is hereby given that the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of American Vanguard Corporation (the "Company" or "AVD") will be held on Thursday, June 6, 2024, at 11:00 am Pacific Time. The Annual Meeting will be a virtual meeting of stockholders. To participate, vote, or submit questions during the Annual Meeting via live webcast, please visit www.virtualshareholdermeeting.com/AVD2024. You will not be able to attend the Annual Meeting in person. Matters to be voted on at the meeting are: 1. Elect nine (9) directors until their successors are elected and qualified; 2. Ratify the appointment of Deloitte & Touche LLP ("Deloitte") as independent registered public accounting firm for the year ending December 31, 2024; and 3. Hold an advisory vote on executive compensation. Our board of directors has fixed Wednesday, April 10, 2024, as the record date for the determination of stockholders entitled to notice of, and to vote at, the Annual Meeting and any adjournment or postponement thereof. Proxy materials were sent commencing on approximately April 25, 2024, to all stockholders of record as of the record date. Whether or not you plan to attend the Annual Meeting via live webcast, please vote your shares in one of the following ways, either: (i) by Internet or telephone before the meeting, (ii) by Internet during the meeting, or (iii) by following the instructions on the proxy card, including by marking, dating and signing the proxy card and returning it. Please review the instructions on each voting option as described in this proxy statement. Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting: The accompanying Proxy Statement and our Annual Report on Form 10-K for the year ended December 31, 2023, are available to view and download at www.proxyvote.com. We appreciate your continuing interest in American Vanguard Corporation. By Order of the Board of Directors Timothy J. Donnelly Chief Administrative Officer General Counsel & Secretary Newport Beach, California April 25, 2024 AMERICAN VANGUARD CORPORATION 4695 MacArthur Court Newport Beach, CA 92660 PROXY STATEMENT Annual Meeting of Stockholders to be held Thursday, June 6, 2024 Proxy Solicitation by the Board of Directors The Board of Directors of American Vanguard Corporation (the "Company") is soliciting proxies to be voted at the Annual Meeting to be held on Thursday, June 6, 2024, via live webcast at www.virtualshareholdermeeting.com/AVD2024. This proxy statement describes proposals on which the Company would like you, as a stockholder, to vote. It also gives you information on these proposals, so that you can make an informed decision. The approximate date on which this proxy statement and the enclosed form of proxy are first being sent to stockholders is April 25, 2024. The Board of Directors of the Company (the "Board of Directors" or the "Board") has fixed the close of business on Wednesday, April 10, 2024, as the record date for the determination of stockholders entitled to receive notice of, and to vote at, the Annual Meeting (the "Record Date"). At the Record Date 1 , 27,850,990 shares of common stock were entitled to vote. Each share of Common Stock, excluding treasury and unvested restricted shares, entitles its record holder on the Record Date to one vote on all matters. Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting: The accompanying Proxy Statement and our Annual Report on Form 10-K for the year ended December 31, 2023, are available to view and download at www.proxyvote.com. You are encouraged to access and review all of the important information contained in the proxy materials before voting. QUESTIONS AND ANSWERS Can I attend the Annual Meeting? We will be hosting the Annual Meeting vi

View Full Filing

View this DEF 14A filing on SEC EDGAR