Form 4: Director Eversole Gifts WMS Shares to Trust

Advanced Drainage Systems Director Robert M. Eversole reported a gift of 4,100 common shares to a revocable trust, maintaining his overall beneficial ownership.

Summary

• Robert M. Eversole, a Director of Advanced Drainage Systems, Inc. (WMS), reported a transaction on November 10, 2025.
• The transaction involved the disposition of 4,100 shares of Common Stock directly owned by Mr. Eversole at a price of $0.00 per share.
• Concurrently, 4,100 shares of Common Stock were acquired indirectly by Mr. Eversole through a revocable trust at a price of $0.00 per share.
• Following these transactions, Mr. Eversole directly owns 2,386 shares and indirectly owns 60,645 shares through the revocable trust.
• The revocable trust is established for the benefit of Mr. Eversole, his spouse, and children.
• The transaction code 'G' indicates that the transaction was a gift.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving a gift of shares to a trust, which is a neutral event with no direct positive or negative implications for the company's operational or financial performance.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This insider transaction is a routine disclosure of a director's change in beneficial ownership structure and does not provide specific insights into broader industry trends or competitive landscape for Advanced Drainage Systems, Inc.

Related Party Transactions

• The transaction involves the transfer of shares to a revocable trust established for the benefit of the reporting person (Robert M. Eversole), his spouse, and children, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Minimal impact, as it represents a change in the structure of a director's existing holdings rather than a sale into the open market.
• Management: Reflects a personal asset management decision by a director.

Key Dates

Keywords

WMS, Advanced Drainage Systems, Form 4, Insider Transaction, Director, Stock Gift, Beneficial Ownership, Revocable Trust