Officer at ADVANCED DRAINAGE (NYSE: WMS) receives stock and option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADVANCED DRAINAGE SYSTEMS, INC. officer Bret Martz reported equity compensation awards rather than open-market trading. He received 1,252 shares of Common Stock at no purchase price, bringing his direct holdings to 3,089 shares after the transaction.
He was also granted an option to purchase 2,787 shares of Common Stock at an exercise price of $138.09 per share, expiring on May 27, 2036. According to the footnote, these options vest in three equal annual installments beginning on May 26, 2027, contingent on his continued employment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Martz Bret
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock | 2,787 | $0.00 | -- |
| Grant/Award | Common Stock | 1,252 | $0.00 | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 2,787 shares (Direct, null);
Common Stock — 3,089 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Common stock granted: 1,252 shares
Shares held after grant: 3,089 shares
Options granted: 2,787 options
+3 more
6 metrics
Common stock granted
1,252 shares
Grant of Common Stock on May 26, 2026
Shares held after grant
3,089 shares
Total direct Common Stock holdings after transaction
Options granted
2,787 options
Option to Purchase Common Stock on May 26, 2026
Option exercise price
$138.09 per share
Exercise price for options on 2,787 shares
Option expiration
May 27, 2036
Expiration date of the option grant
Vesting start date
May 26, 2027
First of three annual vesting dates, subject to employment
Key Terms
Grant, award, or other acquisition, Option to Purchase Common Stock, exercise price, vesting, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Option to Purchase Common Stock financial
"security_title: Option to Purchase Common Stock"
exercise price financial
"conversion_or_exercise_price: 138.0900"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"The options vest in three equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: 2036-05-27T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transactions did Bret Martz report for ADVANCED DRAINAGE SYSTEMS (WMS)?
Bret Martz reported equity compensation awards, not open-market trades. He received 1,252 shares of Common Stock and an option to purchase 2,787 additional shares, all granted at no purchase cost on May 26, 2026.
What are the key terms of Bret Martz’s stock options in ADVANCED DRAINAGE SYSTEMS (WMS)?
Martz received options on 2,787 shares of Common Stock with a $138.09 exercise price and expiration on May 27, 2036. These options provide the right, but not obligation, to buy shares at that fixed price before expiration.
When do Bret Martz’s ADVANCED DRAINAGE SYSTEMS (WMS) options vest?
The options vest in three equal annual installments starting May 26, 2027, per the footnote. Vesting requires Martz to remain continuously employed by ADVANCED DRAINAGE SYSTEMS through each applicable vesting date.