Advanced Drainage Systems (NYSE: WMS) director gains 1,782-share stock award
Rhea-AI Filing Summary
Advanced Drainage Systems, Inc. director Seetharam Anil received a grant or award of 1,782 shares of common stock on July 16, 2026 at no cost. Following this acquisition, he directly holds 16,240 shares and indirectly holds 1,196 shares through family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,782 shares
Net Buy
2 txns
Insider
Seetharam Anil
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,782 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,240 shares (Direct);
Common Stock — 1,196 shares (Indirect, By Family Trusts)
Key Figures
Stock grant size: 1,782 shares
Direct holdings after award: 16,240 shares
Indirect holdings via family trusts: 1,196 shares
+1 more
4 metrics
Stock grant size
1,782 shares
Common stock grant or award on July 16, 2026
Direct holdings after award
16,240 shares
Director’s direct common stock ownership following the 1,782-share grant
Indirect holdings via family trusts
1,196 shares
Common stock held indirectly by family trusts after the reported date
Grant price per share
$0.0000
Reported per-share value for the 1,782-share stock grant
Key Terms
Form 4, Grant, award, or other acquisition, indirect ownership, Family Trusts
4 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "ADVANCED DRAINAGE SYSTEMS, INC.""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
""ownership_type": "indirect", "nature_of_ownership": "By Family Trusts""
Family Trusts financial
""nature_of_ownership": "By Family Trusts""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Seetharam Anil report for WMS on July 16, 2026?
Seetharam Anil reported a grant or award of 1,782 shares of Advanced Drainage Systems, Inc. common stock on July 16, 2026, recorded as an acquisition rather than a market purchase or sale.
Does Seetharam Anil have any indirect ownership in Advanced Drainage Systems (WMS)?
Yes. The Form 4 lists an indirect holding of 1,196 shares of Advanced Drainage Systems, Inc. common stock, held “By Family Trusts”, indicating additional ownership through related trust entities separate from his direct holdings.
Was the WMS insider transaction by Seetharam Anil under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked as affirming a plan, meaning this reported grant or award of 1,782 shares is not disclosed as being executed pursuant to a pre-arranged Rule 10b5-1 trading plan.
What type of transaction code appears in Seetharam Anil’s WMS Form 4 filing?
The reported acquisition of 1,782 shares uses transaction code “A”, described as a “Grant, award, or other acquisition”, identifying the event as a stock grant rather than an open-market purchase or sale of Advanced Drainage Systems, Inc. shares.