Key facts
- This page summarizes Ross M. Jones's Form 4 filing for ADVANCED DRAINAGE SYSTEMS, INC. (WMS).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 01 Mar 2024, 17:03.
Ross M. Jones - 28 Feb 2024 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
- Reporting relationship
- Director
- Issuer ticker
- WMS
- Reported as of
- 28 Feb 2024
- Net transaction value
- -$124,351,885
- SEC form
- 4
- Accepted by SEC
- 01 Mar 2024, 17:03:01 UTC
- Prior SEC filing
- 14 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Ross M. Jones
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Ross M. Jones filed Form 4 for ADVANCED DRAINAGE SYSTEMS, INC. (WMS) on 01 Mar 2024.
Change
- Previous filing in this sequence was filed on 14 Sep 2023.
- Current net transaction value: -$124,351,885.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WMS
transaction
Common Stock
Sale
- Transaction value
- $124,351,885
- Shares
- -762,895
- Change %
- -100%
- Price
- $163.00
- Shares after
- 0
- Date
- 28 Feb 2024
- Ownership
- See Footnote
- Footnotes
- F1, F2
WMS
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 70,749
- Date
- 28 Feb 2024
- Ownership
- Direct
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Represents shares by Stockbridge Fund, L.P. ("SF") and other certain accounts (collectivelly, the "Berkshire Entities"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF and such certain other accounts. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.
Footnote F2
(continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by the Berkshire Entities. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.