D. Scott Barbour reports stock gifts via trusts
Advanced Drainage Systems, Inc. director and officer D. Scott Barbour reported two bona fide gifts of common stock on March 4, 2026.
Rhea-AI Filing Summary
Advanced Drainage Systems, Inc. director and officer D. Scott Barbour reported two bona fide gifts of common stock on March 4, 2026. Entities described as the reporting person’s 2023 GRAT and a 2023 GRAT remainder trust each transferred 511 shares at a stated price of $0.00 per share, for total gifted shares of 1,022.
After these transactions and previously disclosed adjustments, Barbour’s direct holdings are 42,867 shares of common stock. Indirect holdings include 11,867 shares in a 2024 GRAT, 46,500 shares in a 2025 GRAT, and 60,291 shares in a revocable trust for his benefit, along with additional shares in various irrevocable trusts and a KSOP allocation of 17,065.5115 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,022 shares gifted
Gift
10 txns
Insider
BARBOUR D. SCOTT
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 511 | $0.00 | $0.00 |
| Gift | Common Stock | 511 | $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:
Common Stock — 0 shares (Indirect, Reporting Person's 2023 GRAT);
Common Stock — 511 shares (Indirect, 2023 GRAT Remainder Trust);
Common Stock — 42,867 shares (Direct);
Common Stock — 11,867 shares (Indirect, Reporting Person's 2024 GRAT);
Common Stock — 46,500 shares (Indirect, Reporting Person's 2025 GRAT);
Common Stock — 60,291 shares (Indirect, Reporting Person's Revocable Trust);
Common Stock — 98,805 shares (Indirect, Reporting Person's Irrevocable Trust);
Common Stock — 6,495 shares (Indirect, Spouse's Revocable Trust);
Common Stock — 69,005 shares (Indirect, Spouse's Irrevocable Trust);
Common Stock — 17,065.5115 shares (Indirect, By KSOP)
Footnotes (9)
- F1. On December 17, 2025, the reporting person transferred 24,600 shares of common stock of Advanced Drainage Systems, Inc. from his 2023 GRAT to his revocable trust for the benefit of the reporting person, which transfer is exempt under Rule 16a-13.
- F2. Shares held in GRATs of which the reporting person is trustee.
- 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. Reflects correction of previously reported gift of 1,800 from direct holdings on November 25, 2025 that was actually gifted from the reporting person's revocable trust.
- F5. Shares held in revocable trust for the benefit of the reporting person.
- F6. 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.
- F7. Shares held in revocable trust for the benefit of the reporting person's spouse.
- F8. 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.
- F9. Represents current allocation under KSOP.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did D. Scott Barbour report for WMS on March 4, 2026?
D. Scott Barbour reported two bona fide gifts of Advanced Drainage Systems common stock on March 4, 2026. Trusts associated with him each transferred 511 shares at a stated price of $0.00 per share, reflecting non-cash, gift transactions rather than open-market trades.
What are D. Scott Barbour’s direct holdings in WMS after the reported transactions?
Following the reported March 4, 2026 gifts and prior adjustments, Barbour directly holds 42,867 shares of Advanced Drainage Systems common stock. This figure excludes shares held through various trusts and plans, which are reported separately on an indirect ownership basis in the same Form 4 filing.
How does the Form 4 describe the nature of Barbour’s March 4, 2026 WMS transactions?
The March 4, 2026 transactions are coded as “G” with the description “bona fide gift,” and the action is characterized as a gift transfer. The reported price per share is $0.00, underscoring that these were non-cash, gift dispositions rather than market purchases or sales.
What prior adjustments are referenced in Barbour’s WMS Form 4 footnotes?
Footnotes describe a prior transfer of 24,600 shares from a 2023 GRAT to Barbour’s revocable trust, stated as exempt under Rule 16a-13. They also note a correction of a previously reported 1,800-share gift that was actually made from his revocable trust, not direct holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
