WMS (WMS) EVP Kevin Talley has 324 shares withheld for tax obligations
Rhea-AI Filing Summary
ADVANCED DRAINAGE SYSTEMS, INC. executive Kevin C. Talley, EVP and CAO, reported routine equity compensation-related activity. On May 22, 2026, 324 shares of common stock were withheld at $133.00 per share to satisfy his tax obligations tied to the vesting of restricted common stock, which is not an open-market sale.
After this tax-withholding disposition, Talley directly owned 62,236 shares of common stock and held an additional 21,644.3045 shares indirectly through a KSOP allocation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 324 shares
Net Sell
2 txns
Insider
TALLEY KEVIN C
Role
EVP and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 324 | $133.00 | $43K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 62,236 shares (Direct);
Common Stock — 21,644.3045 shares (Indirect, By KSOP)
Footnotes (3)
- F1. Represents shares withheld to satisfy Reporting Person's tax obligations in connection with the vesting of shares of restricted common stock of the Issuer.
- F2. Includes 49 shares of common stock acquired under the Advanced Drainage Systems, Inc. Employee Stock Purchase Plan, exempt under Rule 16b-3(c).
- F3. Represents current allocation under KSOP.
Key Figures
Tax-withheld shares: 324 shares
Withholding price: $133.00 per share
Direct holdings after transaction: 62,236 shares
+2 more
5 metrics
Tax-withheld shares
324 shares
Withheld to satisfy tax obligations on restricted stock vesting
Withholding price
$133.00 per share
Value used for shares withheld for taxes
Direct holdings after transaction
62,236 shares
Common stock directly owned after tax-withholding disposition
Indirect KSOP holdings
21,644.3045 shares
Common stock held indirectly via KSOP allocation
Tax-withholding entries
1 transaction, 324 shares
Summary of tax-withholding dispositions in this filing
Key Terms
restricted common stock, Employee Stock Purchase Plan, KSOP, tax-withholding disposition, +1 more
5 terms
restricted common stock financial
"tax obligations in connection with the vesting of shares of restricted common stock of the Issuer"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
Employee Stock Purchase Plan financial
"Includes 49 shares of common stock acquired under the Advanced Drainage Systems, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
KSOP financial
"Represents current allocation under KSOP"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Rule 16b-3(c) regulatory
"acquired under the Advanced Drainage Systems, Inc. Employee Stock Purchase Plan, exempt under Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did WMS executive Kevin C. Talley report?
Kevin C. Talley reported a tax-withholding disposition of 324 shares of Advanced Drainage Systems common stock. The shares were withheld to cover taxes on vested restricted stock, rather than sold in the open market, reflecting routine compensation-related activity.
What does the KSOP holding mean in Kevin C. Talley’s WMS filing?
The filing lists 21,644.3045 shares of Advanced Drainage Systems common stock held indirectly as a KSOP allocation. This reflects retirement or savings plan holdings, separate from his directly held 62,236 shares of common stock.
What do the footnotes in Kevin C. Talley’s WMS Form 4 explain?
The footnotes state the 324 shares were withheld for tax obligations on restricted stock vesting, that some shares were acquired under the Employee Stock Purchase Plan, and that the KSOP figure represents Talley’s current plan allocation of company stock.