American Vanguard (AVD) director reports fund share distribution and updated holdings
Rhea-AI Filing Summary
American Vanguard Corp director updates share holdings after fund distribution. A fund managed by Cruiser Capital, where the reporting person is Managing Member, distributed an aggregate of 231,404 American Vanguard common shares to its members on a pro rata basis for no consideration on 11/26/2025. As part of this, 217,503 shares previously attributed to the fund are no longer counted as shares in which Cruiser Capital has a beneficial or pecuniary interest.
Within that total distribution, Cruiser Capital received 13,901 shares, which continue to be included in the reporting person’s holdings. Following the transaction, the reporting person reports 34,411 American Vanguard shares held directly and 571,781 shares held indirectly through Cruiser Capital’s managed funds and separately managed accounts, over which he may be deemed to share voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 217,503 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- An investment fund for which Cruiser Capital served as the management company, formed as a limited liability company, distributed its shares to its members on a pro rata basis, for no consideration. The above-referenced investment fund distributed an aggregate of 231,404 shares. As a member of the investment fund, Cruiser Capital received 13,901 shares pursuant to the distribution, which continue to be reflected in the holdings referenced in this report. So, the amount reflected in Table I as distributed, and no longer shares in which Cruiser Capital has a beneficial or pecuniary interest, was reported as 217,503 shares, to reflect the fact that Cruiser Capital retains a beneficial and pecuniary interest in the 13,901 shares distributed to Cruiser Capital. Reporting person maintains an indirect interest in these shares insofar as he is Managing Member of Cruiser Capital, which serves as the management company or as investment advisor to, and may be deemed to have shared voting and dispositive power over Common Stock held by, various investment funds (the "Cruiser Funds") and separately managed accounts (the "Cruiser SMAs", together with the Cruiser Funds, the "Cruiser Funds and SMAs") that it advises. Reporting person may be deemed to have voting and dispositive power with respect to the shares of Common Stock held by the Cruiser Funds and SMAs and disclaims beneficial ownership of the securities held by the Cruiser Funds and SMAs except to the extent of his pecuniary interest.