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AI brief of an SEC Form 8-K · AMERICAN VANGUARD CORP (AVD)

American Vanguard names Matthew Horwath CFO, effective October 1, 2026

Neutral Impact 4 of 5 leadership Written later

American Vanguard appointed Matthew Horwath as Chief Financial Officer effective October 1, 2026, succeeding David Johnson, who moved to Chief Accounting Officer as part of a planned leadership transition. Horwath's approved pay includes a $450,000 base salary, a 60% target bonus, and equity awards. The filing reports no financial results, so the change mainly affects who leads the finance function.

Key points

  • Matthew Horwath, age 43, becomes CFO effective October 1, 2026; he previously was CFO of FARO Technologies and of Kustom US, Inc.
  • Horwath's compensation includes a $450,000 annual base salary, a 60% target annual bonus, an option on 150,000 shares, and 100,000 restricted shares.
  • David Johnson serves as Chief Accounting Officer through the last day of the month the 2026 Form 10-K is filed (expected March 2027), then in a non-executive role through September 30, 2027.
  • Johnson's transition agreement provides severance of 1.5 times his salary and average bonus if his employment ends without cause or for good reason, subject to a release of claims.

The filing

CompanyAMERICAN VANGUARD CORP (AVD)
Form8-K, current report
Filed with the SECOct 1, 2026, 6:50 AM ET
Accession number0001193125-26-409777

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 01, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.