Monitor upcoming quarterly filings for any changes in financial performance or strategic direction under the new CFO. The transition appears planned and orderly, with no immediate catalyst.
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Executive Summary
American Vanguard announced a planned CFO transition: Matthew Horwath was appointed CFO effective October 1, 2026, succeeding David Johnson, who will become Chief Accounting Officer through March 2027 and remain in a non-executive role until September 2027. The filing is a routine executive succession with no financial results or guidance provided.
Key Facts
- Matthew Horwath appointed CFO effective October 1, 2026, with an annual base salary of $450,000, target bonus of 60% of base, and equity grants of 150,000 options and 100,000 restricted shares vesting over three years.
- David Johnson transitioned to Chief Accounting Officer through March 2027, then to a non-executive role through September 30, 2027, with a monthly base salary of $20,834.
- Johnson's severance under the Executive Severance Plan includes 1.5x base salary plus average incentive compensation, 18 months health coverage, and accelerated equity vesting.
- Horwath previously served as CFO of FARO Technologies (acquired by AMETEK in 2025) and Kustom US, and was an audit manager at Ernst & Young.
Financial Impact
No financial impact disclosed; compensation details for Horwath and Johnson's transition are disclosed but represent standard executive arrangements.
Risk Factors
- Potential disruption during the CFO transition period, though the phased handoff mitigates this risk.
- No financial guidance or performance metrics were provided in this filing.
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-409777 |
| Document: d197526dex991.htm | 0001193125-26-409777 |
| Document: 0001193125-26-409777-index-headers.html | 0001193125-26-409777 |
| Document: 0001193125-26-409777-index.html | 0001193125-26-409777 |
| Document: 0001193125-26-409777.txt | 0001193125-26-409777 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 1, 2026 26d ago | 8-K | $1.75 | awaiting T+20 | — | $1.08 (−38.29%) |
Aug 20, 2026 9w ago | Insider Cluster | $2.30 $2.06 | ▲ +10.43% | ▲ +9.91% | $1.08 (+53.04%) |
Jun 8, 2026 20w ago | 8-K | $2.99 $2.97 | ▼ −0.67% | ▼ −2.12% | $1.08 (−63.88%) |
Mar 18, 2026 31w ago | 8-K | $2.61 $2.64 | ▲ +1.15% | ▼ −6.47% | $1.08 (−58.62%) |
US Market Status
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