Scott Barbour of Advanced Drainage (NYSE: WMS) reports 14,300-share gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advanced Drainage Systems director and officer Scott Barbour reported charitable-style transfers of company stock. On March 13, 2026, entities associated with him made two bona fide gifts of 7,150 shares of common stock each, for a total of 14,300 shares, at a reported price of $0.00 per share.
The gifts were made from the reporting person’s revocable trust and an irrevocable spousal access trust. After these transfers, the revocable trust held 53,141 shares and the irrevocable spousal access trust held 109,955 shares. Additional direct and indirect holdings, including GRATs, spousal trusts and a KSOP allocation, are also reported, indicating that Barbour retains a substantial overall position in Advanced Drainage Systems stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,300 shares gifted
Mixed
9 txns
Insider
BARBOUR D. SCOTT
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 7,150 | $0.00 | -- |
| Gift | Common Stock | 7,150 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 53,141 shares (Indirect, Reporting Person's Revocable Trust);
Common Stock — 42,867 shares (Direct)
Footnotes (1)
- Shares held in revocable trust for the benefit of the reporting person. Shares held in irrevocable spousal access trust established by the reporting person, of which the reporting person's spouse is a co-trustee. The beneficiaries of the irrevocable trust are the reporting person and his children. Shares held in irrevocable remainder trust, of which the reporting person's spouse is trustee. The beneficiaries of the irrevocable trust are the reporting persons's nieces and nephew. Shares held in GRATs of which the reporting person is trustee. Shares held in revocable trust for the benefit of the reporting person's spouse. Shares held in irrevocable spousal access trust established by the reporting person's spouse, of which the reporting person is a co-trustee. The beneficiaries of the irerrevocable trust include the reporting person's spouse and his children. Represents current allocation under KSOP.
FAQ
What insider transaction did Scott Barbour report at Advanced Drainage Systems (WMS)?
Scott Barbour reported two bona fide gifts of Advanced Drainage Systems common stock. On March 13, 2026, trusts associated with him transferred 7,150 shares each, totaling 14,300 shares, as non-cash gifts with a reported price of $0.00 per share.
Were Scott Barbour’s WMS transactions open-market sales or gifts?
They were gifts, not open-market sales. Both transactions are coded “G” as bona fide gifts at $0.00 per share, indicating non-cash transfers typically for estate or charitable planning purposes, rather than discretionary selling based on a view of the stock price.
Does Scott Barbour still hold Advanced Drainage Systems (WMS) stock after these gifts?
Yes. Following the reported gifts, Scott Barbour continues to have significant direct and indirect exposure to Advanced Drainage Systems stock. The filing lists direct holdings, multiple trusts, and a KSOP allocation, all of which together represent a substantial ongoing ownership position.