Advanced Drainage (WMS) EVP awarded shares and options vesting from 2027
Rhea-AI Filing Summary
ADVANCED DRAINAGE SYSTEMS, INC. Executive Vice President Craig J. Taylor reported compensation-related equity awards. He received 1,530 shares of common stock, bringing his direct common stock holdings to 14,873 shares, including 89 shares acquired under the company’s Employee Stock Purchase Plan.
He was also granted options on 3,406 shares of common stock with an exercise price of $138.09 per share, expiring on May 27, 2036. These options vest in three equal annual installments beginning on May 26, 2027, as long as he remains continuously employed by the company through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,530 shares
Net Buy
2 txns
Insider
TAYLOR CRAIG J.
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock | 3,406 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,530 | $0.00 | $0.00 |
Holdings After Transaction:
Option to Purchase Common Stock — 3,406 shares (Direct);
Common Stock — 14,873 shares (Direct)
Footnotes (2)
- F1. Includes 89 shares of common stock acquired under the Advanced Drainage Systems, Inc. Employee Stock Purchase Plan, exempt under Rule 16b-3(c).
- F2. The options vest in three equal annual installments beginning on May 26, 2027, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.
Key Figures
Common stock award: 1,530 shares
Direct common shares after award: 14,873 shares
ESPP shares included: 89 shares
+4 more
7 metrics
Common stock award
1,530 shares
Grant of common stock on May 26, 2026
Direct common shares after award
14,873 shares
Total direct holdings after transaction
ESPP shares included
89 shares
Acquired under Employee Stock Purchase Plan
Option grant size
3,406 options
Options to purchase common stock granted May 26, 2026
Option exercise price
$138.09 per share
Exercise price for 3,406 options
Option expiration
May 27, 2036
Expiration date of stock options
Option vesting start
May 26, 2027
First vesting date, three equal annual installments
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(c), Option to Purchase Common Stock, vest in three equal annual installments
4 terms
Employee Stock Purchase Plan financial
"Includes 89 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.
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.
Option to Purchase Common Stock financial
"security_title: Option to Purchase Common Stock"
vest in three equal annual installments financial
"The options vest in three equal annual installments beginning on May 26, 2027..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did WMS Executive Vice President Craig J. Taylor report in this Form 4?
Craig J. Taylor reported equity compensation awards, not open-market trades. He received 1,530 shares of Advanced Drainage Systems common stock and stock options for 3,406 shares, reflecting compensation rather than discretionary buying or selling activity.
What stock options were granted to Craig J. Taylor at Advanced Drainage Systems (WMS)?
Craig J. Taylor was granted options to purchase 3,406 shares of Advanced Drainage Systems common stock. These options have an exercise price of $138.09 per share and an expiration date of May 27, 2036, providing long-term equity-based compensation.
When do Craig J. Taylor’s newly granted WMS stock options begin vesting?
The options begin vesting on May 26, 2027. They vest in three equal annual installments starting on that date, provided Craig J. Taylor remains continuously employed by Advanced Drainage Systems through each applicable vesting date.
Are Craig J. Taylor’s WMS equity awards open-market purchases or grants?
They are grants and awards, not open-market purchases. The Form 4 uses transaction code A for grant, award, or other acquisition, indicating compensation-related equity rather than discretionary buying or selling in the market.