Form 4: American Vanguard Corp VP John Mason Bennett Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


John Mason Bennett, VP of US Crop Sales at American Vanguard Corp, reports the forfeiture and surrender of common stock related to a performance share award.

Summary

  • On September 3, 2024, John Mason Bennett, VP of US Crop Sales at American Vanguard Corp, reported changes in his beneficial ownership of the company's common stock.
  • 543 shares were forfeited without consideration due to the degree of performance achieved under a performance share award made on April 16, 2021.
  • 154 shares were surrendered to cover tax withholding obligations for shares that vested under the same performance share award.
  • Following these transactions, Bennett directly owns 14,624 shares of American Vanguard Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider activity.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly reducing the number of outstanding shares.

Key Dates

DateDescription
04/16/2021Date of the performance share award
09/03/2024Date of the reported transactions (stock forfeiture and surrender)
09/04/2024Date of signature on the Form 4 filing

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