Patrick M. Coyle Jr. Receives Equity Awards in Advanced Drainage Systems
2026-05-28SEC Filing 4 (0001193125-26-245185)
Patrick M. Coyle Jr., Executive Vice President of Supply Chain Management at Advanced Drainage Systems, Inc., reported receiving equity awards on May 26, 2026. He was granted 2,787 stock options with an exercise price of $138.09 per share, vesting in three equal annual installments beginning May 26, 2027, contingent on continued employment. Additionally, he received 1,252 shares of common stock at $0 per share, bringing his direct holdings to 10,065 shares. Coyle also holds 4,310.908 shares indirectly through the company's KSOP (401(k) plan). The filing represents a Form 4 disclosure of executive compensation transactions, specifically equity awards granted as part of compensation arrangements.