Advanced Drainage Systems Files 8-K

TL;DR

ADS filed an 8-K on 7/18. Details on votes, Reg FD, and financials.

AI Summary

Advanced Drainage Systems, Inc. filed an 8-K on July 18, 2024, to report on matters submitted to a vote of security holders, Regulation FD disclosures, and financial statements/exhibits. The filing does not contain specific details on the votes, disclosures, or financial figures within the provided text.

Why It Matters

This 8-K filing indicates that Advanced Drainage Systems, Inc. is providing updates to the SEC regarding important company events, which could include shareholder votes or financial information that may impact investors.

Risk Assessment

Risk Level: low — The filing is a standard procedural report and does not contain immediate negative or positive news, making the risk level low based on the provided text.

Key Players & Entities

• ADVANCED DRAINAGE SYSTEMS, INC. (company) — Registrant
• July 18, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of Incorporation
• 4640 Trueman Boulevard, Hilliard, Ohio (address) — Principal Executive Offices
• 614-658-0050 (phone_number) — Registrant's Telephone Number

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value per share WMS New York Stock

Filing Documents

• wms-20240718.htm (8-K) — 67KB
• wms-07182024x8kex991.htm (EX-99.1) — 6KB
• adslogoa.jpg (GRAPHIC) — 14KB
• 0001604028-24-000026.txt ( ) — 217KB
• wms-20240718.xsd (EX-101.SCH) — 2KB
• wms-20240718_lab.xml (EX-101.LAB) — 21KB
• wms-20240718_pre.xml (EX-101.PRE) — 12KB
• wms-20240718_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. The 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Advanced Drainage Systems, Inc. (the "Company") was held via webcast on July 18, 2024, at 10:00 a.m. Eastern Time. Stockholders were able to participate in the Annual Meeting and vote via live webcast. Stockholders considered three proposals at the meeting, each of which is described in more detail in the Company's Definitive Proxy Statement on Schedule 14A, which was filed with the Securities and Exchange Commission ("SEC") on June 5, 2024. The final voting results are reported below. Proposal One : Election of eleven directors, including D. Scott Barbour, Anesa T. Chaibi, Michael B. Coleman, Robert M. Eversole, Alexander R. Fischer, Tanya D. Fratto, Kelly S. Gast, M.A. (Mark) Haney, Luther C. Kissam IV, Manuel Perez de la Mesa, and Anil Seetharam, to serve for a one-year term until the 2025 annual meeting of stockholders, or until his or her successor has been elected and qualified. The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below: Name For Against Abstentions Broker Non-Votes D. Scott Barbour 66,842,686 708,858 22,190 1,831,130 Anesa T. Chaibi 66,473,478 853,489 246,767 1,831,130 Michael B. Coleman 66,240,809 1,180,672 152,253 1,831,130 Robert M. Eversole 60,696,387 6,724,965 152,382 1,831,130 Alexander R. Fischer 54,850,954 12,405,433 317,347 1,831,130 Tanya D. Fratto 64,129,162 3,197,862 246,710 1,831,130 Kelly S. Gast 66,967,121 440,393 166,220 1,831,130 M.A. (Mark) Haney 66,325,442 1,095,448 152,844 1,831,130 Luther C. Kissam IV 66,435,009 672,391 466,334 1,831,130 Manuel Perez de la Mesa 66,383,729 1,037,676 152,329 1,831,130 Anil Seetharam 64,193,609 3,120,923 259,202 1,831,130 Proposal Two : Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2025. The Company

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On July 18, 2024, the Company issued a press release regarding the election of Luther C. Kissam IV as a director. A copy of the Company's press release is being furnished as Exhibit 99.1 and hereby incorporated by reference. 1 The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities under Section 18 of the Exchange Act and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibits are being furnished as part of this report: 99.1 Press Release, dated July 18, 2024, issued by Advanced Drainage Systems, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ADVANCED DRAINAGE SYSTEMS, INC. Date: July 18, 2024 By: /s/ Scott A. Cottrill Name: Scott A. Cottrill Title: EVP, CFO & Secretary 3

View Full Filing

View this 8-K filing on SEC EDGAR