Kevin C. Talley - May 14, 2025 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Role
EVP and CAO
Signature
/s/ Kevin C. Talley, by Scott A. Cottrill as attorney-in-fact
Stock symbol
WMS
Transactions as of
May 14, 2025
Transactions value $
-$176,193
Form type
4
Date filed
5/16/2025, 04:05 PM
Previous filing
May 24, 2024
Next filing
May 21, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
TALLEY KEVIN C EVP and CAO C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLIARD /s/ Kevin C. Talley, by Scott A. Cottrill as attorney-in-fact 2025-05-16 0001682214

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Award $0 +4.77K +9.05% $0.00 57.5K May 14, 2025 Direct F1, F2
transaction WMS Common Stock Tax liability -$174K -1.43K -2.48% $121.68 56K May 14, 2025 Direct F3
transaction WMS Common Stock Tax liability -$2.56K -21 -0.04% $121.68 56K May 14, 2025 Direct F3
holding WMS Common Stock 21.5K May 14, 2025 By KSOP F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, 2025 had been met. Total includes dividend equivalents in the amount of 67 shares, which dividend equivalents are settled in common stock.
F2 Includes 174 shares of common stock acquired under the Advanced Drainage Systems, Inc. Employee Stock Purchase Plan, exempt under Rule 16b-3(c).
F3 Represents shares withheld to satisfy Reporting Person's tax obligations in connection with the vesting of shares of restricted common stock of the Issuer.
F4 Represents current allocation under KSOP.