Director stock grant at Advanced Drainage Systems (NYSE: WMS)
Rhea-AI Filing Summary
GAST KELLY S. reported acquisition or exercise transactions in this Form 4 filing.
ADVANCED DRAINAGE SYSTEMS, INC. director Kelly S. Gast reported a grant of 1,110 shares of common stock on July 16, 2026, recorded at $0.0000 per share. After this award, Gast directly owns 8,981 shares of the company’s common stock. The Rule 10b5-1 trading-plan checkbox is not marked.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,110 shares
Net Buy
1 txn
Insider
GAST KELLY S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,110 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 8,981 shares (Direct)
Key Figures
Shares granted: 1110 shares
Post-transaction holdings: 8981 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Shares granted
1110 shares
Common stock grant to director Kelly S. Gast on 2026-07-16
Post-transaction holdings
8981 shares
Total common shares directly owned by Kelly S. Gast after grant
Grant price per share
$0.0000 per share
Stated per-share value for the common stock grant
Form 4 acquire transactions
1 transaction
Number of acquisition-type transactions reported in this Form 4
Key Terms
Form 4, grant, award, or other acquisition, Rule 10b5-1 trading-plan checkbox, Common Stock
4 terms
Form 4 regulatory
"reported in a Form 4 insider transaction report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant, award, or other acquisition regulatory
"The transaction is coded as a grant, award, or other acquisition"
Rule 10b5-1 trading-plan checkbox regulatory
"The Rule 10b5-1 trading-plan checkbox is not marked"
Common Stock financial
"grant of 1,110 shares of common stock on July 16, 2026"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ADVANCED DRAINAGE SYSTEMS, INC. (WMS) report?
ADVANCED DRAINAGE SYSTEMS, INC. reported that director Kelly S. Gast received a grant of 1,110 shares of common stock. The transaction is coded as a grant, award, or other acquisition on Form 4, indicating stock-based compensation rather than an open-market purchase.
On what date was the WMS stock grant to Kelly S. Gast effective?
The Form 4 shows the stock award to Kelly S. Gast was effective on July 16, 2026. On that date, 1,110 shares of ADVANCED DRAINAGE SYSTEMS, INC. common stock were credited as a grant, increasing Gast’s direct ownership position.
Was the WMS Form 4 transaction made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked, so the transaction is not affirmatively reported as made under a trading plan. It is characterized as a grant or award of stock rather than a scheduled purchase or sale under a pre-arranged program.