Advanced Drainage Systems (WMS) director receives 2,253-share stock grant
Rhea-AI Filing Summary
EVERSOLE ROBERT M reported acquisition or exercise transactions in this Form 4 filing.
ADVANCED DRAINAGE SYSTEMS, INC. director Robert M. Eversole received a grant of 2,253 shares of common stock on July 16, 2026, at a stated price of $0.0000 per share. After this award, he holds 4,639 shares directly and 49,076 shares indirectly through a revocable trust benefiting him and his family.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,253 shares
Net Buy
2 txns
Insider
EVERSOLE ROBERT M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,253 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,639 shares (Direct);
Common Stock — 49,076 shares (Indirect, Reporting Person's Revocable Trust)
Footnotes (1)
- F1. Shares held in revocable trust for the benefit of the reporting person and the reporting person's spouse and children.
Key Figures
Stock grant: 2,253 shares
Direct holdings after grant: 4,639 shares
Indirect trust holdings: 49,076 shares
+1 more
4 metrics
Stock grant
2,253 shares
Common Stock awarded to Robert M. Eversole on July 16, 2026
Direct holdings after grant
4,639 shares
Common Stock directly owned by Robert M. Eversole after reported transaction
Indirect trust holdings
49,076 shares
Common Stock held indirectly via reporting person’s revocable trust
Grant price
$0.0000 per share
Stated transaction price per share for the stock grant
Key Terms
revocable trust, indirect ownership, grant, award, or other acquisition
3 terms
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.
indirect ownership financial
"ownership_type" : "indirect" for shares held through the revocable trust"
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 transaction did WMS director Robert M. Eversole report?
Robert M. Eversole reported receiving a grant of 2,253 shares of Advanced Drainage Systems common stock on July 16, 2026. The stock was awarded at a stated price of $0.0000 per share, increasing his directly held shares to 4,639.
Was the WMS insider transaction a market purchase or a stock grant?
The filing describes the transaction as a grant, award, or other acquisition of 2,253 shares, not an open-market purchase. It is coded as transaction type “A,” which denotes a compensatory or similar award of common stock to the director.
What does transaction code "A" mean in the WMS Form 4 for Eversole?
Transaction code “A” in the report for Robert M. Eversole indicates a grant, award, or other acquisition of securities. Here, it reflects a no-cost stock award of 2,253 common shares credited to his direct holdings on July 16, 2026.