Advanced Drainage Systems (NYSE: WMS) EVP granted stock and options
Rhea-AI Filing Summary
ADVANCED DRAINAGE SYSTEMS, INC. Executive Vice President Brian W. King received new equity compensation in the form of common stock and stock options. He was granted 950 shares of common stock at $0.00 per share, increasing his direct holdings to 21,686 shares, which include 89 shares acquired under the company’s Employee Stock Purchase Plan. He also received an option to purchase 2,115 shares of common stock at 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, subject to his continued employment. In addition, he indirectly holds 1,778.1777 shares of common stock through a KSOP allocation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 950 shares
Net Buy
3 txns
Insider
KING BRIAN W.
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock | 2,115 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 950 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 2,115 shares (Direct);
Common Stock — 21,686 shares (Direct);
Common Stock — 1,778.1777 shares (Indirect, By KSOP)
Footnotes (3)
- 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. Represents current allocation under KSOP.
- F3. 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 grant: 950 shares at $0.00
Direct holdings after grant: 21,686 shares
Indirect KSOP holdings: 1,778.1777 shares
+5 more
8 metrics
Common stock grant
950 shares at $0.00
Award of common stock on May 26, 2026
Direct holdings after grant
21,686 shares
Common stock held directly after the transaction
Indirect KSOP holdings
1,778.1777 shares
Common stock held indirectly through KSOP
Stock option grant size
2,115 options
Options to purchase common stock granted May 26, 2026
Option exercise price
$138.09 per share
Conversion or exercise price for the new options
Option expiration date
May 27, 2036
Expiration of options to purchase common stock
Option vesting start
May 26, 2027
First of three equal annual vesting dates
ESPP shares included
89 shares
Shares acquired under Employee Stock Purchase Plan
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(c), KSOP, vest in three equal annual installments, +1 more
5 terms
Employee Stock Purchase Plan financial
"Includes 89 shares of common stock acquired under the Advanced Drainage Systems, Inc. Employee Stock Purchase Plan, exempt under Rule 16b-3(c)."
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
"Includes 89 shares of common stock 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.
KSOP financial
"Represents current allocation under KSOP."
vest in three equal annual installments financial
"The options vest in three equal annual installments beginning on May 26, 2027, provided that the Reporting Person remains continuously employed by the Issuer."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did WMS executive Brian W. King report?
Brian W. King reported receiving equity compensation awards, not open-market trades. He was granted 950 shares of common stock and options on 2,115 shares, reflecting routine executive compensation rather than a discretionary purchase or sale in the market.
What are the terms of Brian W. King’s new WMS stock options?
He received options on 2,115 WMS shares with a $138.09 exercise price and a May 27, 2036 expiration. The options vest in three equal annual installments starting May 26, 2027, contingent on his continued employment with Advanced Drainage Systems.
Is Brian W. King’s Form 4 for WMS a stock buy or sell?
The Form 4 reflects stock and option grants, not a market buy or sell. Transactions are coded as acquisitions (A) for compensation awards, meaning he received shares and options from Advanced Drainage Systems as part of his executive compensation package.