BARBOUR D. SCOTT 4

What Happened Barbour D. Scott, President & Chief Executive Officer of Advanced Drainage Systems, reported gift transactions on March 13, 2026. The filing shows a disposition labeled as a gift of 7,150 shares at $0.00 and a corresponding acquisition labeled as a gift of 7,150 shares at $0.00. Both entries list no cash proceeds (value $0).

Key Details

• Transaction date: 2026-03-13 (reported on Form 4 filed 2026-03-17).
• Transaction type/code: Gift (G); price per share reported as $0.00.
• Shares affected: 7,150 shares disposed and 7,150 shares acquired (equal amounts).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: Filing includes multiple trust-related footnotes (F1–F7) describing holdings in revocable trusts, irrevocable spousal access trusts, irrevocable remainder trusts, GRATs, and KSOP allocations.
• Timeliness: Form 4 was filed March 17, 2026 for a March 13 transaction (within the typical filing window).

Context Gifts are transfers for estate or family-planning purposes and do not represent open-market buying or selling intent; matching gift disposal and acquisition entries often reflect transfers between accounts or trusts rather than market trades. The footnotes indicate the shares are held across various trust structures and plan accounts; consult the full Form 4 for exact ownership after the transfers.