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ADVANCED DRAINAGE SYSTEMS, INC.·4

Jul 20, 5:01 PM ET

EVERSOLE ROBERT M 4

Research Summary

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Advanced Drainage Systems (WMS) Director Robert M. Eversole Receives Award

What Happened
Robert M. Eversole, a director of Advanced Drainage Systems, Inc. (WMS), was awarded 2,253 shares on July 16, 2026. The filing reports the shares as an award (transaction code A) at $0.00 per share, i.e., no cash purchase; the reported total value is $0.00 on the Form 4. This is a compensation/award transaction rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-07-16 (reported on Form 4 filed 2026-07-20). Filing appears timely.
  • Transaction type/code: Award/Grant (A).
  • Shares acquired: 2,253; Price per share: $0.00; Reported total value: $0.00.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: F1 — Shares are held in a revocable trust for the benefit of the reporting person, spouse, and children.

Context
Director awards are commonly part of board compensation (stock grants or restricted stock) and do not necessarily indicate a personal market purchase or sale signal. Because this was an award recorded at $0.00, it reflects compensation rather than a cash investment; retail investors should view it as routine director compensation unless accompanied by other insider buying or selling.