8-KThe WireRed Alert
Executive Change · Company Update
Filed Dec 13, 2024 · 1y ago · Accession 0001193125-24-278593
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗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): December 10, 2024
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
(I.R.S. Employer
Identification No.)
4695 MacArthur Court
Newport Beach , California 92660
(Address of principal executive offices)
Registrant’s telephone number: (949) 260-1200
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
Exchanges
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 12b02 of the Securities Exchange Act of 1934 (§240.12b02 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
On December 10, 2024, Debra Edwards submitted a written resignation from the board of directors of American Vanguard Corporation (“Registrant” or the “Company”), noting that such resignation was due to her retirement and did not relate to any disagreement with the Company’s operations, policies or practices. Ms. Edwards had served on the Board since 2011 and at the time of her retirement was also a member of both the Risk Committee and the Finance Committee.
On December 11, 2024, the Board appointed Carmen Tiu, age 62, to fill the vacancy left by Ms. Edwards and to serve on the Board until the 2025 Annual Meeting of Shareholders. Ms. Tiu was selected pursuant to an informal search conducted by various members of the Board. Ms. Tiu was appointed to both the Risk Committee and the Finance Committee of the Board. Further, since the beginning of Registrant’s last fiscal year, Ms. Tiu was not, nor was to be, a participant in any transaction or currently proposed transaction, in which the amount involved exceeded $120,000 and in which any related person had or will have a direct or indirect material interest. Ms. Tiu’s compensation for service on the Board and committees will be as per the standard provisions of the Company’s compensation plan for non-management directors.
The information furnished under Item 5.02, Item 8.01 and Item 9.01 of this Current Report on Form 8-K, including Exhibit 99.1 to this Current Report on Form 8-K, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liabilities under that Section, nor shall it be deemed incorporated by reference in any registration statement or other filings of the Company under the Securities Act of 1933, as amended, or into another filing under the Exchange Act, except as shall be set forth by specific reference in such filing.
Item 8.01
Other Events
On December 12, 2024, the Company issued a press release in which it announced the retirement of Debra Edwards from the Board and the appointment of Carmen Tiu to the Board to fill that vacancy. The full text of the press release is linked hereto as Exhibit 99.1 and is hereby incorporated by reference.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1
Press release dated December 12, 2024, of Registrant regarding the retirement of Debra Edwards from, and the appointment of Carmen Tiu to, the Board.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, American Vanguard Corporation has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
AMERICAN VANGUARD CORPORATION
Date: December 13, 2024
By:
/s/ Timothy J. Donnelly
Timothy J. Donnelly
Chief Information Officer, General Counsel & Secretary
Filing details
- Company
- AMERICAN VANGUARD CORP
- Ticker
- AVD
- CIK
- 5981
- Form type
- 8-K
- Filing date
- Dec 13, 2024
- Report date
- Dec 10, 2024
- Document
- d904555d8k.htm
- Size
- 164 KB