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

Exhibit 99.1

 

LOGO

FOR IMMEDIATE RELEASE

AMERICAN VANGUARD ANNOUNCES VOTING RESULTS

OF 2026 ANNUAL MEETING OF STOCKHOLDERS

Newport Beach, CA – June 8, 2026 – American Vanguard Corporation (NYSE:AVD) announced the voting results from its Annual Meeting of Stockholders held on June 3, 2026. As to the first of four initiatives, the seven director nominees named in the proxy received more votes “for” than “against”; those persons are: Marisol Angelini, Mark Bassett, Patrick Gottschalk, Douglas Kaye, Steven Macicek, Rubin McDougal and Keith Rosenbloom. They will serve as directors until the next annual meeting or until their successors are duly elected and qualified. In addition, the balance of the initiatives appearing on the Company’s proxy passed, namely, the ratification of the appointment of Deloitte Touche, LLP, as the company’s independent registered public accounting firm for the year ending December 31, 2026, an advisory vote on the annual frequency of the say-on-pay ballot proposal and advisory approval of the executive compensation policies and practices as set forth in the Company’s 2026 proxy. All measures received an overwhelming percentage of voted shares.

Chairman of the Board, Pat Gottschalk, commented, “We thank our shareholders for voting at the annual meeting and appreciate your support for our director nominees and other ballot initiatives.”

About American Vanguard

American Vanguard Corporation is a diversified specialty and agriculture products company that develops and markets products for crop protection and management, turf and ornamentals management, and public health. Over the past 20 years, through product and business acquisitions, the Company has significantly expanded its operations and now has more than 1,000 product registrations worldwide. To learn more about the Company, please reference www.american-vanguard.com.

The Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release the matters set forth in this press release may include forward-looking statements. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward looking statements often use words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “outlook,” “forecast,” “target,” “trend,” “plan,” “goal,” or other words of comparable meaning or future-tense or conditional verbs such as “may,” “will,” “should,” “would,” or “could.” These forward-looking statements are based on the current expectations and estimates by the Company’s management and are subject to various risks and uncertainties that may cause results to differ from management’s current expectations. Such factors include risks detailed from time-to-time in the Company’s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company’s judgment as of the date of this release. The company disclaims any intent or obligation to update these forward-looking statements.

Investor Contact

Robert Winters

Alpha IR Group

[email protected]

(312) 445-2870