06/17/2026 | Press release | Distributed by Public on 06/17/2026 15:36
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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BARBOUR D. SCOTT C/O ADVANCED DRAINAGE SYSTEMS, INC. 4024 GREEN STRIPE LANE HILLIARD, OH 43026 |
X | See Remarks | ||
| /s/ D. Scott Barbour, by Scott A. Cottrill as attorney-in-fact | 06/17/2026 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (1) | On 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. |
| (2) | 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. |
| (3) | Shares held in revocable trust for the benefit of the reporting person. |
| (4) | 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. |
| (5) | Shares held in GRATs of which the reporting person is trustee. |
| (6) | Shares held in revocable trust for the benefit of the reporting person's spouse. |
| (7) | 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. |
| (8) | Represents current allocation under KSOP. |
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Remarks: President & Chief Executive Officer |
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