WMS EVP Kevin Talley awarded 5,903 shares; tax withholding trims stake to 56,657
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADVANCED DRAINAGE SYSTEMS, INC. executive Kevin C. Talley, EVP and CAO, reported equity compensation activity in company stock. He received a grant of 5,903 shares of common stock at no cost, earned from performance-based units and related dividend equivalents after performance goals for the period ended March 31, 2026 were met.
To cover tax obligations tied to vesting of restricted common stock, 282 shares were withheld over two days at prices of $131.59 and $136.83 per share, which are not open‑market sales. After these transactions, Talley directly holds 56,657 shares of common stock and also has 21,644.3045 shares allocated indirectly through the company KSOP plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
TALLEY KEVIN C
Role
EVP and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 141 | $136.83 | $19K |
| Grant/Award | Common Stock | 5,903 | $0.00 | -- |
| Tax Withholding | Common Stock | 141 | $131.59 | $19K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 56,657 shares (Direct, null);
Common Stock — 21,644.305 shares (Indirect, By KSOP)
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 49 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 69 shares, which dividend equivalents are settled in common stock. Represents current allocation under KSOP.
Key Figures
Stock grant: 5,903 shares
Tax withholding shares: 282 shares
Tax withholding price 1: $131.59/share
+3 more
6 metrics
Stock grant
5,903 shares
Common stock granted as earned performance-based units
Tax withholding shares
282 shares
Shares withheld to satisfy tax obligations on vesting
Tax withholding price 1
$131.59/share
Price for 141 shares withheld on May 19, 2026
Tax withholding price 2
$136.83/share
Price for 141 shares withheld on May 20, 2026
Direct holdings after
56,657 shares
Direct common stock held following transactions
Indirect KSOP holdings
21,644.3045 shares
Common stock allocated under KSOP as of May 19, 2026
Key Terms
restricted common stock, Employee Stock Purchase Plan, performance-based units, dividend equivalents, +1 more
5 terms
restricted common stock financial
"tax obligations in connection with the 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
"Includes 49 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.
performance-based units financial
"Reflects grant of performance-based units, originally granted pursuant to the Issuer's 2017 Omnibus Incentive Plan"
dividend equivalents financial
"Total includes dividend equivalents in the amount of 69 shares, which dividend equivalents are settled in common stock"
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.
KSOP financial
"Represents current allocation under KSOP"
FAQ
What did ADVANCED DRAINAGE SYSTEMS (WMS) EVP Kevin Talley report on this Form 4?
Kevin Talley reported equity compensation activity, including a grant of 5,903 shares of common stock and related tax-withholding transactions. These actions reflect vesting and settlement of performance-based awards rather than open-market buying or selling of WMS shares.
What do the tax-withholding transactions on Kevin Talley’s WMS Form 4 represent?
The two F-code entries represent 282 shares withheld to cover tax obligations on vested restricted stock. Shares were withheld at $131.59 and $136.83 per share, meaning the company retained shares instead of paying cash taxes, which is standard for equity compensation.