TAYLOR CRAIG J. 4

What Happened

Craig J. Taylor, Executive Vice President of Advanced Drainage Systems, Inc. (WMS), was granted two awards on 2026-05-26: 1,530 shares of common stock (acquired at $0.00) and a derivative award of 3,406 shares (granted at $0.00). The filings show no cash paid for these awards; the derivative award is stock options that will convert to shares only if they vest and are exercised.

Key Details

• Transaction date: 2026-05-26; Form 4 filed 2026-05-28 (appears timely—within the usual 2 business days).
• Grants: 1,530 shares (price $0.00) and 3,406 derivative shares (price $0.00).
• Footnote F1: The 1,530-share line includes 89 shares acquired under the company Employee Stock Purchase Plan (ESPP), exempt under Rule 16b-3(c).
• Footnote F2: The 3,406 derivative shares are options that vest in three equal annual installments beginning May 26, 2027, contingent on continued employment.
• Shares owned after the transaction: not disclosed in the supplied filing summary.

Context

• This is an award/grant (insider receiving compensation), not an open-market purchase or sale. Grants are common for executive compensation and do not by themselves signal buying or selling sentiment.
• The derivative portion is stock options with multi-year vesting; value is realized only if options vest and are exercised in the future.