SEC Form 4 · accession 0001193125-26-274420
ADVANCED DRAINAGE SYSTEMS, INC. · WMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
D. Scott Barbour
Officer — See Remarks · Director
Period of report
Jun 12, 2026
Accepted (ET)
Jun 17, 2026 · 5:35 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001604028
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jun 12, 2026 | J | 511 | $135.72 | D | 0 | I | 2023 GRAT Remainder Trust |
| Common StockF3 | Jun 12, 2026 | J | 511 | $135.72 | A | 53,652 | I | Reporting Person's Revocable Trust |
| Common Stock | holding | — | — | — | 77,268 | D | ||
| Common StockF4 | holding | — | — | — | 109,955 | I | Reporting Person's Irrevocable Trust | |
| Common StockF5 | holding | — | — | — | 11,867 | I | Reporting Person's 2024 GRAT | |
| Common StockF5 | holding | — | — | — | 46,500 | I | Reporting Person's 2025 GRAT | |
| Common StockF6 | holding | — | — | — | 6,495 | I | Spouse's Revocable Trust | |
| Common StockF7 | holding | — | — | — | 69,005 | I | Spouse's Irrevocable Trust | |
| Common StockF8 | holding | — | — | — | 17,087 | I | By KSOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 12, 2026, the reporting person withdrew 511 shares of ADS common stock from a grantor retained annuity irrevocable remainder trust and transferred the 511 shares of ADS common stock to his revocable trust for the benefit of the reporting person. In exchange for the shares, the reporting person contributed cash to the trust in the principal amount of $69,352.92. The reporting person was the beneficial owner of the transferred securities both before and after the transfer and the reporting person believes the transfer was exempt by Rule 16a-13 under the Securities Exchange Act of 1934.
- F2Shares 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.
- F3Shares held in revocable trust for the benefit of the reporting person.
- F4Shares 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.
- F5Shares held in GRATs of which the reporting person is trustee.
- F6Shares held in revocable trust for the benefit of the reporting person's spouse.
- F7Shares 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.
- F8Represents current allocation under KSOP.
Remarks
President & Chief Executive Officer