Advanced Drainage (NYSE: WMS) EVP awarded shares, small tax withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADVANCED DRAINAGE SYSTEMS, INC. Executive Vice President Craig J. Taylor reported equity compensation activity in common stock. He received a grant or award of 4,039 shares at no cost, tied to performance-based units earned for a performance period ending March 31, 2026, including 56 shares from dividend equivalents.
On May 19 and May 20, shares totaling 287 were withheld at prices of $131.59 and $136.83 per share to cover tax obligations upon vesting of restricted stock. After these routine tax-withholding dispositions, Taylor directly holds 9,456 common shares, which also include 89 shares acquired through the company’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
TAYLOR CRAIG J.
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 120 | $136.83 | $16K |
| Grant/Award | Common Stock | 4,039 | $0.00 | -- |
| Tax Withholding | Common Stock | 167 | $131.59 | $22K |
Holdings After Transaction:
Common Stock — 9,456 shares (Direct, null)
Footnotes (1)
- Represents shares withheld to satisfy Reporting Person's tax obligations in connection with the vesting of shares of restricted common stock of the Issuer. Includes 89 shares of common stock acquired under the Advanced Drainage Systems, Inc. Employee Stock Purchase Plan, exempt under Rule 16b-3(c). Reflects grant of performance-based units, originally granted pursuant to the Issuer's 2017 Omnibus Incentive Plan, earned after the Issuer determined that certain performance goals for the performance period ended March 31, 2026 had been met. Total includes dividend equivalents in the amount of 56 shares, which dividend equivalents are settled in common stock.
Key Figures
Equity award: 4,039 shares
Tax withholding shares: 287 shares
Tax withholding price 1: $131.59/share
+4 more
7 metrics
Equity award
4,039 shares
Grant/award of common stock tied to performance-based units
Tax withholding shares
287 shares
Shares withheld to satisfy tax obligations on vesting
Tax withholding price 1
$131.59/share
Price for 167 shares withheld on May 19, 2026
Tax withholding price 2
$136.83/share
Price for 120 shares withheld on May 20, 2026
Shares held after transactions
9,456 shares
Direct common stock holdings following reported activity
ESPP shares included
89 shares
Common stock acquired under Employee Stock Purchase Plan
Dividend equivalent shares
56 shares
Portion of award from dividend equivalents settled in stock
Key Terms
restricted common stock, Employee Stock Purchase Plan, dividend equivalents, performance-based units, +1 more
5 terms
restricted common stock financial
"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
"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.
dividend equivalents financial
"Total includes dividend equivalents in the amount of 56 shares"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
performance-based units financial
"Reflects grant of performance-based units, originally granted pursuant to the Issuer's 2017 Omnibus Incentive Plan"
Omnibus Incentive Plan financial
"originally granted pursuant to the Issuer's 2017 Omnibus Incentive Plan"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
FAQ
What insider transactions did WMS executive Craig J. Taylor report?
Craig J. Taylor reported a grant of 4,039 shares of common stock and tax-withholding dispositions totaling 287 shares. These actions are related to performance-based awards and restricted stock vesting, not open-market purchases or sales.
What performance-based award did Craig J. Taylor earn at ADVANCED DRAINAGE SYSTEMS?
Taylor earned performance-based units originally granted under the 2017 Omnibus Incentive Plan after performance goals through March 31, 2026 were met. The award resulted in 4,039 shares of common stock, including 56 shares from dividend equivalents settled in stock.
How are dividend equivalents reflected in Craig J. Taylor’s WMS equity award?
The performance-based award includes 56 shares of common stock issued as dividend equivalents. These dividend equivalents accrued on the underlying performance-based units and were settled in common stock when the performance criteria for the award were satisfied.