WMS director receives stock and option grants
ADVANCED DRAINAGE SYSTEMS, INC. director and officer Scott D. Barbour reported equity awards rather than open-market trades.
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Form Type
4
Rhea-AI Filing Summary
ADVANCED DRAINAGE SYSTEMS, INC. director and officer Scott D. Barbour reported equity awards rather than open-market trades. He received 9,036 shares of Common Stock as a grant with no purchase price, bringing his directly held Common Stock to 77,268 shares after the award. He was also granted options on 20,124 shares of Common Stock at an exercise price of $138.09 per share, expiring on May 27, 2036, which vest in three equal annual installments beginning on May 26, 2027. The filing also lists additional indirect holdings in company stock through a KSOP and several revocable, irrevocable, and GRAT trusts associated with Barbour and his spouse.
Insider Trade Summary
Grant/Award: 29,160 shares
Grant/Award
10 txns
Insider
BARBOUR D. SCOTT
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock | 20,124 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 9,036 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| 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 — 20,124 contracts (Direct);
Common Stock — 77,268 shares (Direct);
Common Stock — 53,141 shares (Indirect, Reporting Person's Revocable Trust);
Common Stock — 109,955 shares (Indirect, Reporting Person's Irrevocable Trust);
Common Stock — 511 shares (Indirect, 2023 GRAT Remainder Trust);
Common Stock — 11,867 shares (Indirect, Reporting Person's 2024 GRAT);
Common Stock — 46,500 shares (Indirect, Reporting Person's 2025 GRAT);
Common Stock — 6,495 shares (Indirect, Spouse's Revocable Trust);
Common Stock — 69,005 shares (Indirect, Spouse's Irrevocable Trust);
Common Stock — 17,087.4254 shares (Indirect, By KSOP)
Footnotes (8)
- F1. Shares held in revocable trust for the benefit of the reporting person.
- F2. 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.
- F3. Shares held in irrevocable remainder trust, of which the reporting person's spouse is trustee. The beneficiaries of the irrevocable trust are the reporting persons's nieces and nephew.
- F4. Shares held in GRATs of which the reporting person is trustee.
- F5. Shares held in revocable trust for the benefit of the reporting person's spouse.
- F6. 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.
- F7. Represents current allocation under KSOP.
- F8. 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: 9,036 shares
Direct Common shares after grant: 77,268 shares
Option grant size: 20,124 options
+3 more
6 metrics
Common Stock grant
9,036 shares
Grant, award, or other acquisition on May 26, 2026
Direct Common shares after grant
77,268 shares
Direct holdings following equity award
Option grant size
20,124 options
Options to purchase Common Stock granted May 26, 2026
Option exercise price
$138.09 per share
Strike price for 20,124 stock options
Option expiration
May 27, 2036
Expiration date of granted options
Option vesting start
May 26, 2027
First of three annual vesting dates, subject to employment
Key Terms
KSOP, GRAT, revocable trust, irrevocable spousal access trust, +1 more
5 terms
KSOP financial
"Represents current allocation under KSOP."
GRAT financial
"Shares held in GRATs of which the reporting person is trustee."
revocable trust financial
"Shares held in revocable trust for the benefit of the reporting person."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
irrevocable spousal access trust financial
"Shares held in irrevocable spousal access trust established by the reporting person."
remainder trust financial
"Shares held in irrevocable remainder trust, of which the reporting person's spouse is trustee."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Scott D. Barbour report in this Form 4 for WMS?
Scott D. Barbour reported receiving equity awards in Advanced Drainage Systems stock. He was granted 9,036 Common shares and options on 20,124 shares, updating his direct and derivative holdings without any reported open-market buying or selling.
What stock options did Scott D. Barbour receive from Advanced Drainage Systems?
Barbour received options to purchase 20,124 shares of Advanced Drainage Systems Common Stock. The options have an exercise price of $138.09 per share and expire on May 27, 2036, creating a long-dated incentive tied to the company’s share price.
When do Scott D. Barbour’s new WMS stock options vest?
The newly granted options vest in three equal annual installments beginning on May 26, 2027. Vesting continues annually thereafter, provided Scott D. Barbour remains continuously employed by Advanced Drainage Systems through each applicable vesting date.
Were any open-market purchases or sales of WMS stock reported?
No open-market purchases or sales were reported in this Form 4. The only transactions with specified codes were grants: 9,036 Common shares and options on 20,124 shares, both categorized as grant or award acquisitions rather than market trades.
What indirect WMS holdings are associated with Scott D. Barbour?
The filing shows indirect holdings in Advanced Drainage Systems stock through a KSOP and multiple trusts. These include revocable and irrevocable trusts, spousal access trusts, GRATs, and a remainder trust tied to Barbour, his spouse, children, nieces, and nephew.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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