Advanced Drainage Systems, INC.: insider trades · United States · SEC (Form 4)

About Advanced Drainage Systems, INC.

Advanced Drainage Systems, Inc. (ADS) is a United States-based industrial company listed on the NYSE under the ticker WMS. Headquartered in Hilliard, Ohio, the group is a leading provider of water management solutions, with core exposure to stormwater drainage and onsite wastewater applications. Founded in 1966 by engineers Ron Martin and Marty Sixt, ADS has built a long operating history in engineered drainage products and has become one of the better-known scale players in its niche. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1604028/000160402825000019/wms-20250331xars.pdf?utm_source=openai)) The company’s business is organized around several complementary product families. Its legacy franchise centers on corrugated polyethylene and polypropylene pipe used for drainage, retention and conveyance applications. ADS also operates the Infiltrator business, which focuses on decentralized wastewater management and onsite septic solutions, including leachfield chambers, septic tanks and related accessories. In addition, the Allied Products & Other portfolio broadens the offering with stormwater chambers, structures, fittings and water-quality products. This breadth allows ADS to serve residential, commercial, infrastructure and agricultural end markets from a single platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1604028/000160402825000019/wms-20250331xars.pdf?utm_source=openai)) From a competitive standpoint, ADS benefits from scale, a broad manufacturing footprint and a diversified product mix in a market where technical performance, logistics and local service matter. The company emphasizes its diversified regional exposure across the United States and its ability to sell internationally, although the business remains tied to construction cycles, infrastructure spending, weather patterns and raw-material pricing. Those dynamics make demand and margins somewhat cyclical, even if the long-term theme of water infrastructure investment remains supportive. ([investors.ads-pipe.com](https://investors.ads-pipe.com/press-releases/press-release-details/2025/Advanced-Drainage-Systems-Announces-Fourth-Quarter-and-Fiscal-Year-2025-Results/default.aspx?utm_source=openai)) Recent developments have been constructive. In May 2025, ADS reported fiscal 2025 results and highlighted stronger contribution from its most profitable businesses, Infiltrator and Allied Products, along with solid cash generation and ongoing capital returns through dividends and share repurchases. On October 1, 2024, the company completed the acquisition of Orenco Systems, a manufacturer of decentralized wastewater management products, strengthening its wastewater platform. In September 2025, ADS issued its fiscal 2025 sustainability report and highlighted investments such as its Engineering and Technology Center in Hilliard and expansion work at its recycling facility in Cordele, Georgia. For investors, ADS stands out as a US-listed NYSE industrial name with structural exposure to water management, a relatively resilient long-term end market and an active capital-allocation profile. ([investors.ads-pipe.com](https://investors.ads-pipe.com/press-releases/press-release-details/2025/Advanced-Drainage-Systems-Announces-Fourth-Quarter-and-Fiscal-Year-2025-Results/default.aspx?utm_source=openai))