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    SEC Form 8-K filed by American Vanguard Corporation

    6/8/26 4:03:43 PM ET
    $AVD
    Agricultural Chemicals
    Industrials
    Get the next $AVD alert in real time by email
    8-K
    AMERICAN VANGUARD CORP false 0000005981 0000005981 2026-06-04 2026-06-04
     
     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d)

    of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): June 4, 2026

     

     

    American Vanguard Corporation

    (Exact name of Registrant as Specified in Its Charter)

     

     

     

    Delaware   001-13795   95-2588080

    (State or Other Jurisdiction

    of Incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

     

    15440 Laguna Canyon Road

    Suite 100

     
    Irvine, California   92618
    (Address of Principal Executive Offices)   (Zip Code)

    Registrant’s Telephone Number, Including Area Code: (949) 260-1200

    (Former Name or Former Address, if Changed Since Last Report)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading

    Symbol(s)

     

    Name of each exchange

    on which registered

    Common Stock, $.10 par value   AVD   New York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     
     


    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

    By resolution adopted by the board of directors of American Vanguard Corporation (the “Company” or “Registrant”) held on June 4, 2026, the following named executive officers of the Company received the following success bonus arising from their effort in having restructured the Company’s borrowed debt in its totality: Douglas Kaye - $150K; David Johnson - $125K; Timothy Donnelly - $125K; and Shirin Khosravi - $50K.

    Item 5.07 Submission of Matters to a Vote of Security Holders

    At the 2026 Annual Meeting of Stockholders of the Company held on June 3, 2026, four matters were voted upon by stockholders, namely: (i) the election of seven directors until their successors are elected and qualified, (ii) the ratification of Deloitte Touche, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026, (iii) an advisory vote on the frequency of voting on the overall executive compensation policies and procedures of the Company; and (iv) an advisory vote approving the overall executive compensation policies and procedures of the Company as set forth in the 2026 proxy statement.

    With respect to the first proposal in the proxy, the following seven nominees received more votes “for” than “against” and, as a result, were elected to serve as directors for the ensuing year:

     

    Nominee

     

    Votes For

     

    Votes Against

     

    Withheld

     

    Broker Non-votes

    Marisol Angelini

      15,137,474   686,167   236,355   5,335,877

    Mark Bassett

      14,968,710   705,792   385,494   5,335,877

    Patrick Gottschalk

      15,064,049   609,138   386,809   5,335,877

    Douglas Kaye

      15,544,705   282,017   233,274   5,335,877

    Steven Macicek

      14,939,056   730,081   390,859   5,335,877

    Rubin McDougal

      15,170,429   353,448   536,119   5,335,877

    Keith Rosenbloom

      14,777,586   895,685   386,825   5,335,877

    With respect to Proposals Two (appointment of Deloitte), Three (frequency of advisory vote on executive compensation) and Four (advisory approval of executive compensation), all measures received the affirmative vote of a majority of the shares cast at the meeting; more specifically, the shares were voted as follows:

     

    Proposal

     

    Votes For

     

    Votes Against

     

    Withheld

     

    Broker Non-votes

    2 - Ratify Deloitte

      20,904,030   24,225   467,618   0

    4 - Executive Comp

      15,159,605   561,820   338,571   5,335,877

     

    Proposal

     

    1 Year

     

    2 Year

     

    3 Year

     

    Abstain

    3 - Frequency of Comp

      14,755,233   10,260   1,040,509   253,994

     


    Item 8.01 Other Events

    On June 8, 2026, American Vanguard Corporation issued a press release announcing the results of the voting at its 2026 Annual Meeting of Stockholders. The complete text of that release is linked hereto as Exhibit 99.1 and is incorporated herein by reference.

    Item 9.01 Financial Statements and Exhibits.

    (d) Exhibits

     

    Exhibit 99.1    Press release dated June 8, 2026, of Registrant regarding the results of its 2026 Annual Meeting of Stockholders.
    104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

     


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

     

    AMERICAN VANGUARD CORPORATION

    Date: June 8, 2026     By:  

    /s/ Timothy J. Donnelly

          Timothy J. Donnelly
          Chief Legal Officer, General Counsel & Secretary
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