Advanced Drainage CEO reports option exercise and share sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advanced Drainage Systems (WMS) CEO D. Scott Barbour reported insider transactions on 11/12/2025. He exercised options for 80,030 shares at $25.75 and sold 4,538 shares at $148.007, 73,462 at $148.9597, and 2,030 at $150.6551. After these trades, he held 42,867 shares directly. He also reported indirect holdings: 69,491 in a revocable trust, 98,805 in an irrevocable trust, 6,495 in a spouse’s revocable trust, 69,005 in a spouse’s irrevocable trust, 25,111 and 26,367 in 2023/2024 GRATs, and 16,997.0469 via KSOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 80,030 shares ($11,920,363)
Net Sell
12 txns
Insider
BARBOUR D. SCOTT
Role
See Remarks
Sold
80,030 shs ($11.92M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase Common Stock | 80,030 | $0.00 | -- |
| Exercise | Common Stock | 80,030 | $25.75 | $2.06M |
| Sale | Common Stock | 4,538 | $148.007 | $672K |
| Sale | Common Stock | 73,462 | $148.9597 | $10.94M |
| Sale | Common Stock | 2,030 | $150.6551 | $306K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 0 shares (Direct);
Common Stock — 122,897 shares (Direct);
Common Stock — 69,491 shares (Indirect, Reporting Person's Revocable Trust)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.00 to $148.9999, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.54 to $150.5399, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (2) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.61 to $151.6099, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (3) to this Form 4. Shares held in revocable trust for the benefit of the reporting person. Shares held in irrevocable spousal access trust established by the reporting person, of which the reporting person's spouse is a co-trustee. The beneficiaries of the irrevocable trust are the reporting person and his children. Shares held in revocable trust for the benefit of the reporting person's spouse. Shares held in irrevocable spousal access trust established by the reporting person's spouse, of which the reporting person is a co-trustee. The beneficiaries of the irerrevocable trust include the reporting person's spouse and his children. Shares held in GRATs of which the reporting person is trustee. Represents current allocation under KSOP. The options vested in three equal annual installments beginning on May 23, 2019.
FAQ
What insider activity did WMS CEO report on Form 4?
He exercised options for 80,030 shares at $25.75 and sold shares in three tranches: 4,538 at $148.007, 73,462 at $148.9597, and 2,030 at $150.6551 on 11/12/2025.
Were the sales reported as weighted average prices?
Yes. Each sale price is a weighted average, with ranges provided for the underlying trade prices.
What were the terms of the exercised options?
An option to purchase common stock for 80,030 shares at $25.75 was exercised; the option vested in three equal annual installments beginning on May 23, 2019 and had an expiration of May 23, 2028.
What is the officer’s position and relationship to WMS?
He is a Director and serves as President & Chief Executive Officer.