Form 4: Advanced Drainage Systems Executive Reports Routine Tax-Related Stock Transaction

Advanced Drainage Systems EVP and CAO Kevin C. Talley reported a disposition of 221 shares of common stock to cover tax obligations related to restricted stock vesting.

Summary

• Kevin C. Talley, Executive Vice President and Chief Administrative Officer (EVP and CAO) of Advanced Drainage Systems, Inc. (WMS), filed a Form 4 reporting a transaction on May 22, 2025.
• The transaction involved the disposition of 221 shares of the company's common stock.
• These shares were withheld by Advanced Drainage Systems to satisfy Mr. Talley's tax obligations in connection with the vesting of his restricted common stock.
• The shares were valued at $111 per share for the purpose of this tax withholding.
• Following this reported transaction, Mr. Talley directly beneficially owns 56,939 shares of common stock.
• Additionally, Mr. Talley indirectly beneficially owns 21,529.7273 shares of common stock through a KSOP (presumably a qualified retirement plan).

Sentiment

Score: 5

Explanation: The filing is a routine Form 4 reporting a tax-related stock disposition, which is a standard compliance event and does not indicate a significant positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider's stock transaction and does not provide information relevant to broader industry trends or competitive dynamics.

Stakeholder Impact

• No significant direct impact on shareholders, employees, customers, suppliers, or creditors as this is a routine tax-related transaction for an executive's compensation.

Key Dates

Keywords

Advanced Drainage Systems, WMS, Kevin C. Talley, Form 4, insider transaction, stock ownership, tax withholding, restricted stock, executive compensation