Advanced Drainage Systems (WMS) CEO Barbour D. Scott Gifts 2,000 Shares

What Happened Barbour D. Scott, President, Chief Executive Officer and Director of Advanced Drainage Systems, Inc. (WMS), reported gifting 2,000 shares on August 20, 2026. The transaction is coded as a gift (G) and was reported with a $0.00 per-share price (no cash proceeds).

Key Details

• Transaction date: 2026-08-20; Filing date: 2026-08-24 (filed within the Form 4 two-business-day window).
• Transaction type/code: Gift (G).
• Shares transferred: 2,000; reported price per share: $0.00; total reported proceeds: $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes indicate holdings are held in various trusts and plans (revocable trusts, irrevocable spousal access trusts, GRATs, and KSOP allocations — see F1–F6).
• Insider role remark: Listed as President & Chief Executive Officer.

Context A gift of shares is a transfer of ownership for estate planning or personal reasons and does not represent a market purchase or sale signal. For retail investors, purchases are typically more informative about insider confidence; gifts are primarily administrative and do not by themselves indicate the insider’s view of the stock.