EVP, Supply Chain & Logistics Harvey Darin S. sold $308,000 worth of shares (2,464 units at $125.00) and exercised 1,488 shares at a strike of $96.51, decreasing direct ownership by 24% to 3,069 units (SEC Form 4)

$WMS
Containers/Packaging
Consumer Discretionary
Get the next $WMS alert in real time by email
SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HARVEY DARIN S.

(Last) (First) (Middle)
C/O ADVANCED DRAINAGE SYSTEMS, INC.
4640 TRUEMAN BOULEVARD

(Street)
HILLIARD OH 43026

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ADVANCED DRAINAGE SYSTEMS, INC. [ WMS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Supply Chain & Logistics
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/19/2025 S 976 D $125 3,069(1) D
Common Stock 02/19/2025 M 1,488 A $96.51 4,557 D
Common Stock 02/19/2025 S 1,488 D $125 3,069 D
Common Stock 15,232.8225 I By KSOP(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase Common Stock $96.51 02/19/2025 M 1,488 (3) 05/21/2033 Common Stock 1,488 $0 2,975 D
Explanation of Responses:
1. Includes 174 shares of common stock acquired under the Advanced Drainage Systems, Inc. Employee Stock Purchase Plan, exempt under Rule 16b-3(c).
2. Represents current allocation under KSOP.
3. The options vest in three equal annual installments beginning on May 21, 2024, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.
/s/ Darin S. Harvey, by Scott A. Cottrill as attorney-in-fact 02/21/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Get the next $WMS alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$WMS

DatePrice TargetRatingAnalyst
4/1/2025$134.00Buy
Deutsche Bank
1/8/2025$155.00Neutral → Buy
UBS
11/13/2024$170.00 → $135.00Overweight → Equal-Weight
Stephens
5/8/2024$190.00Buy
Northcoast
8/25/2023$148.00Overweight
Stephens
7/24/2023$150.00Overweight
KeyBanc Capital Markets
6/28/2023$107.00 → $114.00Overweight → Equal-Weight
Morgan Stanley
4/19/2023$108.00Outperform
Oppenheimer
More analyst ratings

$WMS
Press Releases

Fastest customizable press release news feed in the world

See more
  • Advanced Drainage Systems Announces Quarterly Cash Dividend

    Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the "Board") has approved a quarterly cash dividend to its shareholders in the amount of $0.16 per share, a 14% increase over the prior year dividend amount. Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, "Today's dividend announcement is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. Our strong financial performance and op

    $WMS
    Containers/Packaging
    Consumer Discretionary
  • Advanced Drainage Systems Announces Third Quarter Fiscal 2025 Results

    Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal third quarter ended December 31, 2024. Third Quarter Fiscal 2025 Results Net sales increased $28.2 million or 4.3% to $690.5 million Net income decreased $24.6 million or 23.0% to $82.3 million Net income per diluted share decreased $0.30 or 22.3% to $1.04 Adjusted EBITDA (Non-GAAP) decreased $12.7 million or 6.2% to $191.5 million Adjusted Earnings per share (Non-GAAP) decreased $0.28 or 20.3% to $1.09 Year-to-Date Fiscal 2025 Results

    $WMS
    Containers/Packaging
    Consumer Discretionary
  • Advanced Drainage Systems Hosts Groundbreaking for $30 Million World-Class Recycling Facility Expansion in Cordele, Georgia

    HILLIARD, Ohio, Jan. 29, 2025 /PRNewswire/ -- Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, announced the groundbreaking of a significant expansion to its recycling facility in Cordele, Georgia. This investment will enhance ADS' ability to provide high quality recycled material to our factories in the Southeast. The expansion will increase the facility's total size to 117,000 square feet. "ADS is thrilled to make this significant investm

    $WMS
    Containers/Packaging
    Consumer Discretionary

$WMS
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$WMS
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$WMS
SEC Filings

See more

$WMS
Leadership Updates

Live Leadership Updates

See more
  • CoreCivic Appoints Catherine Hernandez-Blades and Alexander R. Fischer to its Board of Directors; CoreCivic Also Announces Planned Retirement of Long-Term Board Member Donna Alvarado

    BRENTWOOD, Tenn., March 07, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (the Company) announced today that, effective March 15, 2024, Catherine Hernandez-Blades and Alexander R. Fischer will be appointed as independent members of the Company's Board of Directors, expanding the board from ten to twelve directors, ten of whom have been determined by the board to be independent. The company also announced today that Donna M. Alvarado, who has served on CoreCivic's Board of Directors since 2003, will retire from the Board in accordance with the Company's retirement policy after the company's 2024 Annual Meeting of Shareholders, bringing the number of board members at that point to elev

    $CXW
    $WMS
    Real Estate Investment Trusts
    Real Estate
    Containers/Packaging
    Consumer Discretionary
  • Advanced Drainage Systems Announces Retirement of Roy Moore, Executive Vice President, Infiltrator

    Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries announced today that Roy Moore, Executive Vice President, intends to retire effective May 31, 2023. As part of the Company's succession plan, Craig Taylor, will succeed Moore in his current role. Craig Taylor currently serves as the Vice President of Finance at the Company's wholly owned subsidiary, Infiltrator Water Technologies, LLC ("Infiltrator"). Scott Barbour, President and Chief Executive Officer of ADS commented, "We are grateful to Roy for his valued leadership and the many contributions he has m

    $WMS
    Containers/Packaging
    Consumer Discretionary

$WMS
Financials

Live finance-specific insights

See more
  • Advanced Drainage Systems Announces Quarterly Cash Dividend

    Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the "Board") has approved a quarterly cash dividend to its shareholders in the amount of $0.16 per share, a 14% increase over the prior year dividend amount. Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, "Today's dividend announcement is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. Our strong financial performance and op

    $WMS
    Containers/Packaging
    Consumer Discretionary
  • Advanced Drainage Systems Announces Third Quarter Fiscal 2025 Results

    Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal third quarter ended December 31, 2024. Third Quarter Fiscal 2025 Results Net sales increased $28.2 million or 4.3% to $690.5 million Net income decreased $24.6 million or 23.0% to $82.3 million Net income per diluted share decreased $0.30 or 22.3% to $1.04 Adjusted EBITDA (Non-GAAP) decreased $12.7 million or 6.2% to $191.5 million Adjusted Earnings per share (Non-GAAP) decreased $0.28 or 20.3% to $1.09 Year-to-Date Fiscal 2025 Results

    $WMS
    Containers/Packaging
    Consumer Discretionary
  • Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2025 Results on February 6, 2025

    Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal third quarter ended December 31, 2024, before the market opens on February 6, 2025. President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on February 6, 2025, at 10:00 a.m. ET to discuss the results. Webcast: Interested investors and other parties can listen to a webcast of the live

    $WMS
    Containers/Packaging
    Consumer Discretionary

$WMS
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more