{
  "id": 2277773,
  "title": "Keith M. Rosenbloom sells $1.22m in American Vanguard shares",
  "url": "https://urgent.news/2026/08/21/keith-m-rosenbloom-sells-1-22m-in-american-vanguard-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T02:20:33.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/keith-m-rosenbloom-sells-122m-in-american-vanguard-shares-93CH-4870778"
  },
  "original_language": "en",
  "account": "Keith M. Rosenbloom, a director at American Vanguard Corp. (AVD), sold 556,580 shares of the company's common stock on August 18, 2026. The transaction amounted to approximately $1,224,476, with the shares trading at $2.20 each. This sale came as the stock had declined by 58% over the previous six months and still held a price of $2.23. However, the stock had seen a 5.2% increase over the past week. Rosenbloom, as Managing Member of Cruiser Capital, owns these shares indirectly, holding a pecuniary interest in the Cruiser Funds and SMAs, but disclaims any beneficial ownership of those investments, except for his direct stake. The reported sale was not related to AVD's business, operations, or prospects. After the transaction, Rosenbloom directly holds 66,283 shares and indirectly owns 15,201 shares. Meanwhile, American Vanguard Corp. reported a decline in net sales for its second quarter of 2026, falling 9.3% short of the estimated $135 million and missing Wall Street expectations. The company still anticipates a steady full-year outlook despite the challenges of lower sales, increased freight costs, and weaker manufacturing efficiency. Investors are closely watching how these factors will affect future earnings.",
  "summary": null,
  "key_points": [
    "Keith M. Rosenbloom sold 556,580 AVD shares for $1.22 million on August 18, 2026.",
    "Shares traded at $2.20 each, down 58% over six months but up 5.2% weekly.",
    "Rosenbloom retains 66,283 direct shares and 15,201 indirect shares after sale."
  ],
  "editors_take": "The sale of American Vanguard shares by a company director suggests insiders may be losing confidence in the stock's prospects despite the company's steady full-year outlook.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}