Form 4: Advanced Drainage Systems Insider Transaction Report
Statement of Changes in Beneficial Ownership
Tim A. Makowski, VP and Chief Accounting Officer, reported the vesting of performance-based stock units and related tax withholding.
Summary
- Tim A. Makowski, Vice President, Controller and Chief Accounting Officer, engaged in routine equity transactions.
- 104 shares were withheld on 05/19/2026 at $131.59 per share to satisfy tax obligations.
- 88 shares were withheld on 05/20/2026 at $136.83 per share to satisfy tax obligations.
- 3,729 shares were acquired on 05/20/2026 at $0 per share following the achievement of performance goals for the period ending March 31, 2026.
- The reporting person's direct beneficial ownership stands at 6,004 shares following these transactions.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding executive equity compensation.
Positives
- The acquisition of 3,729 shares reflects the successful achievement of performance-based goals set by the company.
Negatives
- The filing reflects routine tax withholding transactions, which are standard administrative procedures for equity compensation.
Risks
- None identified; this is a standard regulatory disclosure of insider equity activity.
Future Outlook
Not applicable; this is a historical record of insider equity transactions.
Management Comments
- The transactions were executed to satisfy tax obligations related to the vesting of restricted stock and the settlement of performance-based units.
Industry Context
StockSavvy.ai notes that this filing is a routine disclosure of executive compensation and does not signal a change in corporate strategy or market outlook.
Comparison to Industry Standards
- The transaction structure is consistent with standard executive compensation practices among publicly traded industrial companies.
Stakeholder Impact
- Minimal impact on shareholders as these are standard equity compensation settlements.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 05/19/2026 | Date of initial tax withholding transaction. |
| 05/20/2026 | Date of secondary tax withholding and performance-based share acquisition. |
| 05/21/2026 | Date of filing. |
Keywords
Advanced Drainage Systems, WMS, Form 4, Insider Trading, Equity Compensation, SEC Filing
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.