PEREZ DE LA MESA MANUEL J 4

What Happened
Manuel J. Perez de la Mesa, a director of Advanced Drainage Systems, Inc. (WMS), was granted 1,782 shares on 2026-07-16. The shares were reported as acquired at $0.00 (transaction code A — award/grant), indicating they were issued as compensation or an equity award rather than purchased for cash.

Key Details

• Transaction date: 2026-07-16; Form 4 filed: 2026-07-20 (filed within the typical 2-business-day reporting window).
• Shares granted: 1,782; acquisition price reported: $0.00.
• Transaction code: A (award/grant/other acquisition).
• Post-transaction holdings: Not specified in the provided transaction summary.
• No footnotes provided in the summary about 10b5-1 plans, tax withholding, or immediate sale; none noted in the transaction details given.

Context
Equity awards to directors are common elements of compensation and do not necessarily signal a personal purchase or sale decision. Awards may be subject to vesting schedules or other restrictions — check the company's proxy statement or later filings for vesting terms and total holdings to understand the full impact.