Darin S. Harvey - 19 May 2025 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Reporting relationship: EVP, Supply Chain & Logistics
Issuer ticker: WMS
Reported as of: 19 May 2025
Net transaction value: -$34,070
SEC form: 4
Accepted by SEC: 21 May 2025, 18:23:57 UTC
Prior SEC filing: 16 May 2025
Next SEC filing: 23 May 2025
Source filing: View source filing
Reporting owner signature: /s/ Darin S. Harvey, by Scott A. Cottrill as attorney-in-fact

Key filing fact

Darin S. Harvey filed Form 4 for ADVANCED DRAINAGE SYSTEMS, INC. (WMS) on 21 May 2025.

Key facts

This page summarizes Darin S. Harvey's Form 4 filing for ADVANCED DRAINAGE SYSTEMS, INC. (WMS).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 21 May 2025, 18:23.

Change

Previous filing in this sequence was filed on 16 May 2025.
Current net transaction value: -$34,070.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001756972 Primary reporting owner

HARVEY DARIN S.

Relationship: EVP, Supply Chain & Logistics
Address: C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLIARD
Signature: /s/ Darin S. Harvey, by Scott A. Cottrill as attorney-in-fact
Signature date: 21 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WMS transaction

Common Stock

Award

Transaction value: $0
Shares: +1,428
Change %: +22%
Price: $0.000000
Shares after: 7,843
Date: 19 May 2025
Ownership: Direct

WMS transaction

Common Stock

Tax liability

Transaction value: $19,863
Shares: -163
Change %: -2.1%
Price: $121.86
Shares after: 7,680
Date: 19 May 2025
Ownership: Direct
Footnotes: F1

WMS transaction

Common Stock

Tax liability

Transaction value: $14,207
Shares: -120
Change %: -1.6%
Price: $118.39
Shares after: 7,560
Date: 20 May 2025
Ownership: Direct
Footnotes: F1

WMS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 15,233
Date: 19 May 2025
Ownership: By KSOP
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WMS transaction Derivative

Option to Purchase Common Stock

Award

Transaction value: $0
Shares: +3,044
Change %
Price: $0.000000
Shares after: 3,044
Date: 19 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,044
Exercise price: $119.30
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares withheld to satisfy Reporting Person's tax obligations in connection with the vesting of shares of restricted common stock of the Issuer.

Footnote F2

Represents current allocation under KSOP.

Footnote F3

The options vest in three equal annual installments beginning on May 19, 2026, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.