Keith M. Rosenbloom - Jul 21, 2023 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role: Director
Signature: /s/ Keith M. Rosenbloom
Stock symbol: AVD
Transactions as of: Jul 21, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/24/2023, 05:03 PM
Previous filing: Jun 8, 2023
Next filing: Nov 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVD	Common Stock	Other		-133K	-12.08%		968K	Jul 21, 2023	See footnote	F1, F2
holding	AVD	Common Stock						7.62K	Jul 21, 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Cruiser Capital serves as the management company or investment adviser to, and may be deemed to have shared voting and dispositive power over the shares of 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. Keith Rosenbloom ("Mr. Rosenbloom") is the Managing Member of Cruiser Capital and may be deemed to have voting and dispositive power with respect to the shares of Common Stock held by the Cruiser Funds and SMAs. Cruiser Capital and Mr. Rosenbloom each disclaim beneficial ownership of the securities held by the Cruiser Funds and SMAs, except to the extent of its or his pecuniary interest.
F2	As noted in Footnote 1, Cruiser Capital serves as investment adviser to SMAs. A client of one of the SMAs terminated its investment advisory agreement with Cruiser Capital. As a result, Cruiser Capital no longer has discretionary investment nor voting authority with respect to the 133,005 shares of Common Stock held by such SMA client. There were no buy or sell transactions involved with the termination of the agreement.

Content

Cruiser Capital serves as the management company or investment adviser to, and may be deemed to have shared voting and dispositive power over the shares of 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. Keith Rosenbloom ("Mr. Rosenbloom") is the Managing Member of Cruiser Capital and may be deemed to have voting and dispositive power with respect to the shares of Common Stock held by the Cruiser Funds and SMAs. Cruiser Capital and Mr. Rosenbloom each disclaim beneficial ownership of the securities held by the Cruiser Funds and SMAs, except to the extent of its or his pecuniary interest.

As noted in Footnote 1, Cruiser Capital serves as investment adviser to SMAs. A client of one of the SMAs terminated its investment advisory agreement with Cruiser Capital. As a result, Cruiser Capital no longer has discretionary investment nor voting authority with respect to the 133,005 shares of Common Stock held by such SMA client. There were no buy or sell transactions involved with the termination of the agreement.