Advanced Drainage Systems director granted 2,253 shares

Q: 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.

Q: How many Advanced Drainage Systems (WMS) shares does Eversole now hold?

Following the reported grant, Robert M. Eversole holds 4,639 shares of Advanced Drainage Systems common stock directly. He also has 49,076 shares held indirectly through a revocable trust for the benefit of himself, his spouse, and children.

Q: How are the 49,076 WMS shares in the trust characterized in the filing?

The 49,076 shares are reported as indirect ownership held in a revocable trust for the benefit of the reporting person, the reporting person’s spouse, and children. The filing identifies the trust as the nature of ownership for these shares.

Q: 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.

Q: 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.

EVERSOLE ROBERT M reported acquisition or exercise transactions in this Form 4 filing.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

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.

Insider Trade Summary

Grant/Award: 2,253 shares

Grant/Award 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""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Advanced Drainage Systems (WMS) shares does Eversole now hold?

Following the reported grant, Robert M. Eversole holds 4,639 shares of Advanced Drainage Systems common stock directly. He also has 49,076 shares held indirectly through a revocable trust for the benefit of himself, his spouse, and children.

How are the 49,076 WMS shares in the trust characterized in the filing?

The 49,076 shares are reported as indirect ownership held in a revocable trust for the benefit of the reporting person, the reporting person’s spouse, and children. The filing identifies the trust as the nature of ownership for these shares.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 07/20/2026 - 05:01 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

EVERSOLE ROBERT M

(Last)

(First)

(Middle)

C/O ADVANCED DRAINAGE SYSTEMS, INC.

4024 GREEN STRIPE LANE

(Street)

HILLIARD

OHIO

43026

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ADVANCED DRAINAGE SYSTEMS, INC. [ WMS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/16/2026		A		2,253	A	$0.00	4,639	D
Common Stock								49,076	I	Reporting Person's Revocable Trust⁽¹⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares held in revocable trust for the benefit of the reporting person and the reporting person's spouse and children.

	/s/ Robert M. Eversole, by Scott A. Cottrill as attorney-in-fact	07/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR