Velarion · Company Intelligence
Compensation Brief
Fiscal year 2026 · Filings through 2026-07-16

Advanced Drainage Systems (WMS)

Fiscal year 2026 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$9,780,935
D. Scott Barbour total, FY2026
40th
CEO pay percentile vs peers
102:1
CEO-to-median pay ratio
92.28%
Say-on-pay support, latest vote
Companies that benchmark against WMS
10 companies name WMS as a compensation peer

Each company listed discloses WMS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named WMS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2026

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
D. Scott Barbour$1,050,000$0$5,309,811$1,143,557$2,216,550$0$61,017$9,780,935
President & Chief Executive Officer
Scott Cottrill615,00001,573,323338,842882,820075,5103,485,495
Chief Financial Officer, Executive Vice President, and Secretary
Kevin Talley500,0000801,527172,625591,080076,6292,141,861
Executive Vice President and Chief Administrative Officer
Craig Taylor500,0000885,191190,602407,750034,3892,017,932
Executive Vice President, Infiltrator Water Technologies
Thomas Waun Sr.440,0000658,906141,888520,150055,2801,816,225
Former Executive Vice President, Engineering and International

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2026 totalFY2025 totalFY2024 totalΔ FY20252026
D. Scott Barbour$9,780,935$7,398,322$8,315,222+2,382,613
Scott Cottrill3,485,4952,664,3653,223,688+821,130
Kevin Talley2,141,8611,673,7532,055,174+468,108
Craig Taylor2,017,9321,858,309+159,623
Thomas Waun Sr.1,816,225

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
D. Scott BarbourOPTION2025-05-1920,165$1,143,557
D. Scott BarbourPSU2025-11-1014,18528,36956,7384,181,591
D. Scott BarbourRSU2025-05-199,4571,128,220
Scott CottrillRSU2025-05-192,802334,279
Scott CottrillOPTION2025-05-195,975338,842
Scott CottrillPSU2025-11-104,2038,40616,8121,239,044
Kevin TalleyPSU2025-11-102,1414,2828,564631,167
Kevin TalleyOPTION2025-05-193,044172,625
Kevin TalleyRSU2025-05-191,428170,360
Craig TaylorOPTION2025-05-193,361190,602
Craig TaylorRSU2025-05-191,577188,136
Craig TaylorPSU2025-11-102,3654,7299,458697,055
Thomas Waun Sr.PSU2025-11-101,7603,5207,040518,848
Thomas Waun Sr.OPTION2025-05-192,502141,888
Thomas Waun Sr.RSU2025-05-191,174140,058
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
D. Scott Barbour$1,128,220$4,181,591$1,143,55764.8%
Scott Cottrill334,2791,239,044338,84264.8%
Kevin Talley170,360631,167172,62564.8%
Craig Taylor188,136697,055190,60264.8%
Thomas Waun Sr.140,058518,848141,88864.8%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
D. Scott BarbourRSU28,369$3,890,241
D. Scott BarbourRSU25,5233,499,969
D. Scott BarbourRSU15,1902,083,005
D. Scott BarbourRSU9,4571,296,838
Scott CottrillRSU8,4061,152,715
Kevin TalleyRSU4,351596,653
Scott CottrillRSU8,1211,113,633
D. Scott BarbourRSU5,063694,289
Craig TaylorRSU4,729648,488
Scott CottrillRSU4,557624,901
Kevin TalleyRSU4,282587,191
D. Scott BarbourRSU4,254583,351
Thomas Waun Sr.RSU3,520482,698
Thomas Waun Sr.RSU3,191437,582
Scott CottrillRSU1,353185,537
Craig TaylorRSU3,085423,046
Craig TaylorRSU2,901397,814
Scott CottrillRSU2,802384,238
Kevin TalleyRSU2,431333,363
Thomas Waun Sr.RSU1,975270,832
Craig TaylorRSU1,577216,254
Scott CottrillRSU1,519208,300
Kevin TalleyRSU1,428195,822
Thomas Waun Sr.RSU1,174160,991
Kevin TalleyRSU810111,075
Craig TaylorRSU762104,493
Kevin TalleyRSU72599,419
Thomas Waun Sr.RSU66090,506
Thomas Waun Sr.RSU53272,953
Craig TaylorRSU48366,234
D. Scott BarbourOption9,34996.51
D. Scott BarbourOption10,548177.38
D. Scott BarbourOption20,165119.3
Scott CottrillOption2,97596.51
Scott CottrillOption3,164177.38
Scott CottrillOption5,975119.3
Kevin TalleyOption1,59396.51
Kevin TalleyOption1,688177.38
Kevin TalleyOption3,044119.3
Craig TaylorOption1,06296.51
Craig TaylorOption1,586177.38
Craig TaylorOption3,361119.3
Thomas Waun Sr.Option1,16896.51
Thomas Waun Sr.Option1,376177.38
Thomas Waun Sr.Option3,502119.3
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation philosophy focuses on linking equity compensation to sustained value creation for stockholders, placing greater emphasis on variable pay versus fixed pay, and ensuring performance predominantly drives compensation. Compensation levels are benchmarked against a peer group, generally positioning total compensation between the 25th and 75th percentiles while recognizing individual performance and skills.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantWTW
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-07-1661,978,4345,183,274449,99992.28%Passed
20252025-07-1760,210,4028,223,794110,89387.98%Passed
20242024-07-1857,692,8109,426,331454,59385.96%Passed
20232023-07-2060,739,9026,572,275923,41690.24%Passed
20222022-07-2169,454,0953,335,3281,303,08595.42%Passed
20212021-07-2275,087,4502,594,763232,38896.66%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-07-1692.28%a
20252025-07-1787.98%b
20242024-07-1885.96%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)102 : 1
CEO total compensation
Median employee compensation$95,707
08

Director compensation — fiscal year 2026

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Robert M. EversoleIndependent · Board Chair · Lead Independent Director · Compensation & Management Development · Nominating & Corporate Governance · Executive$95,000$268,616$0$363,616
Manuel J. Perez de la MesaIndependent30,000221,4450251,445
Michael B. ColemanIndependent · Compensation & Management Development · Sustainability (Chair) · Executive120,000127,2150247,215
Alexander R. FischerIndependent · Audit · Nominating & Corporate Governance (Chair) · Executive120,000127,2150247,215
Anesa T. ChaibiIndependent · Compensation & Management Development (Chair) · Sustainability · Executive120,000127,2150247,215
Luther C. Kissam IVIndependent · Not standing for re-election100,000127,2150227,215
M.A. (Mark) HaneyIndependent · Audit · Compensation & Management Development · Not standing for re-election100,000127,2150227,215
Tanya D. FrattoIndependent · Audit · Nominating & Corporate Governance100,000127,2150227,215
Kelly S. GastIndependent · Audit · Sustainability0221,4450221,445
Anil SeetharamIndependent · Nominating & Corporate Governance · Sustainability0221,4450221,445
D. Scott BarbourEmployee director0000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$135,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)30,000 / 20,000 / 30,000
Stock ownership guideline$5
09b

Total cost of the board

ComponentFY2026
Cash retainers and fees$785,000
Equity awards (grant-date value)$1,696,241
All other compensation$0
Total cost of the board$2,481,241

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2026

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Advanced Drainage Systems names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Advanced Drainage Systems.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Zurn Elkay Water Solutions Corp.2025Todd Adams$1,005,000$8,000,010$0$1,852,969$11,603,760
2Carlisle Companies Inc.2025D. Christian Koch1,493,0006,376,9292,612,603011,359,438
3Xylem Inc.2025Matthew Pine1,120,1936,190,3081,825,0341,937,25011,286,806
4Fortune Brands Innovations, Inc.2025Nicholas Fink1,275,0006,375,0022,124,998249,90010,476,545
5Watts Water Technologies, Inc.2025Robert Pagano, Jr.1,175,3855,920,23802,709,00010,423,317
6Eagle Materials Inc.2026Michael Haack1,119,4565,457,2701,657,8341,948,98710,302,728
7Advanced Drainage Systems2026D. Scott Barbour1,050,0005,309,8111,143,5572,216,5509,780,935
8Graco Inc.2025Mark Sheahan1,065,00005,749,7751,259,9079,491,330
9IDEX Corporation2025Eric Ashleman1,079,8854,933,4971,521,6211,345,1639,112,893
10Lennox International Inc.2025Alok Maskara1,176,2504,500,4961,149,8801,329,6048,434,155
11Simpson Manufacturing Co., Inc.2025Michael Olosky950,0005,383,38401,389,7137,768,355
12Mueller Water Products, Inc.2025Marietta Edmunds Zakas931,3272,970,915849,9772,038,6766,855,283
Trex Company, Inc.not in coverage universe
Patrick Industries, Inc.not in coverage universe
Atkore International Group Inc.not in coverage universe
Griffon Corporationnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Advanced Drainage Systemsnot disclosedPRSU 60 · RSU 20 · Option 20not disclosedWTW
Atkore International Group Inc.not disclosednot disclosednot disclosednot disclosed
Carlisle Companies Inc.not disclosedPSU 33 · RSU 33 · Options 33NoWillis Towers Watson
Eagle Materials Inc.not disclosedOptions 50 · PSU 25 · RSU 25Yes — Average Absolute Total Stockholder Return (Avg. A-TSR)Meridian Compensation Partners
Fortune Brands Innovations, Inc.14.0%PSU 50 · RSU 25 · Options 25NoWillis Towers Watson (WTW)
Graco Inc.118%Options 100not disclosedWillis Towers Watson
Griffon Corporationnot disclosednot disclosednot disclosednot disclosed
IDEX Corporation99%PSU 50 · Options 25 · RSU 25Yes — relative TSR measured against the TSR of companies in the S&P 500 IndexF.W. Cook
Lennox International Inc.90%PSU 50 · RSU 30 · Options 20NoMeridian Compensation Partners
Mueller Water Products, Inc.199%PSU 50 · RSU 25 · Options 25Yes — relative total shareholder return (rTSR)Farient Advisors, LLC
Patrick Industries, Inc.not disclosednot disclosednot disclosednot disclosed
Simpson Manufacturing Co., Inc.not disclosednot disclosednot disclosednot disclosed
Trex Company, Inc.not disclosednot disclosednot disclosednot disclosed
Watts Water Technologies, Inc.180.6%PSU 50 · RSU 50NoPearl Meyer
Xylem Inc.123%PSU 50 · RSU 25 · Options 25Yes — Relative TSRMeridian Compensation Partners
Zurn Elkay Water Solutions Corp.147%PSU 100NoWillis Towers Watson

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, D. Scott BarbourDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation”. As printed: 9,780,935. Filing ↗machine: r2 · c48 · span 543974–543983
2Section 01, Scott CottrillDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation”. As printed: 3,485,495. Filing ↗machine: r6 · c48 · span 552735–552744
3Section 01, Kevin TalleyDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation”. As printed: 2,141,861. Filing ↗machine: r10 · c48 · span 561687–561696
4Section 01, Craig TaylorDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation”. As printed: 2,017,932. Filing ↗machine: r14 · c48 · span 570476–570485
5Section 01, Thomas Waun Sr.DEF 14A2026-06-030001604028-26-000024Section “Executive Compensation”. As printed: 1,816,225. Filing ↗machine: r18 · c48 · span 577864–577873
6Section 03, D. Scott Barbour OPTIONDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 624289–624298
7Section 03, D. Scott Barbour PSUDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 619699–619708
8Section 03, D. Scott Barbour RSUDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 615100–615109
9Section 03, Scott Cottrill RSUDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 636583–636590
10Section 03, Scott Cottrill OPTIONDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 645767–645774
11Section 03, Scott Cottrill PSUDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 641178–641187
12Section 03, Kevin Talley PSUDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 662699–662706
13Section 03, Kevin Talley OPTIONDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 667286–667293
14Section 03, Kevin Talley RSUDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 658105–658112
15Section 03, Craig Taylor OPTIONDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 688803–688810
16Section 03, Craig Taylor RSUDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 679622–679629
17Section 03, Craig Taylor PSUDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 684216–684223
18Section 03, Thomas Waun Sr. PSUDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 705737–705744
19Section 03, Thomas Waun Sr. OPTIONDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 710324–710331
20Section 03, Thomas Waun Sr. RSUDEF 14A2026-06-030001604028-26-000024Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 701143–701150
21Section 07, pay ratioDEF 14A2026-06-030001604028-26-000024Section “CEO Pay Ratio”. As printed: 102 : 1. Filing ↗machine: span 907324–907327
22Section 08, Robert M. EversoleDEF 14A2026-06-030001604028-26-000024Section “Director Compensation”. As printed: 363,616. Filing ↗
23Section 08, Manuel J. Perez de la MesaDEF 14A2026-06-030001604028-26-000024Section “Director Compensation”. As printed: 251,445. Filing ↗
24Section 08, Michael B. ColemanDEF 14A2026-06-030001604028-26-000024Section “Director Compensation”. As printed: 247,215. Filing ↗
25Section 08, Alexander R. FischerDEF 14A2026-06-030001604028-26-000024Section “Director Compensation”. As printed: 247,215. Filing ↗
26Section 08, Anesa T. ChaibiDEF 14A2026-06-030001604028-26-000024Section “Director Compensation”. As printed: 247,215. Filing ↗
27Section 08, Luther C. Kissam IVDEF 14A2026-06-030001604028-26-000024Section “Director Compensation”. As printed: 227,215. Filing ↗
28Section 08, M.A. (Mark) HaneyDEF 14A2026-06-030001604028-26-000024Section “Director Compensation”. As printed: 227,215. Filing ↗
29Section 08, Tanya D. FrattoDEF 14A2026-06-030001604028-26-000024Section “Director Compensation”. As printed: 227,215. Filing ↗
30Section 08, Kelly S. GastDEF 14A2026-06-030001604028-26-000024Section “Director Compensation”. As printed: 221,445. Filing ↗
31Section 08, Anil SeetharamDEF 14A2026-06-030001604028-26-000024Section “Director Compensation”. As printed: 221,445. Filing ↗
32Section 08, D. Scott BarbourDEF 14A2026-06-030001604028-26-000024Section “Director Compensation”. As printed: 0. Filing ↗
33Section 06, 2026 voteForm 8-K2026-07-160001604028-26-000030Item 5.07 · say-on-pay result. As reported: 92.28% (votes for as printed: 61,978,434). Filing ↗
34Section 06, 2025 voteForm 8-K2025-07-170001604028-25-000024Item 5.07 · say-on-pay result. As reported: 87.98% (votes for as printed: 60,210,402). Filing ↗
35Section 06, 2024 voteForm 8-K2024-07-180001604028-24-000026Item 5.07 · say-on-pay result. As reported: 85.96% (votes for as printed: 57,692,810). Filing ↗
36Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
37Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
38Section 09b board cost (computed)ComputedcomputedCash 785,000 + equity 1,696,241 + all other 0 = 2,481,241, summed across the director compensation table rows.machine: formula: Σ = 2,481,241
39Zurn Elkay Water Solutions Corp., Section 10b CEO totalDEF 14A2026-03-120001193125-26-104339CEO total compensation as printed in Zurn Elkay Water Solutions Corp.'s own proxy. As printed: 11,603,760. Filing ↗machine: r4 · c44 · span 590719–590729
40Carlisle Companies Inc., Section 10b CEO totalDEF 14A2026-03-170001193125-26-109193CEO total compensation as printed in Carlisle Companies Inc.'s own proxy. As printed: 11,359,438. Filing ↗machine: t108 · r2 · c44 · span 570250–570260
41Xylem Inc., Section 10b CEO totalDEF 14A2026-03-300001104659-26-036678CEO total compensation as printed in Xylem Inc.'s own proxy. As printed: 11,286,806. Filing ↗machine: r4 · c17 · span 1770673–1770683
42Fortune Brands Innovations, Inc., Section 10b CEO totalDEF 14A2026-03-300001193125-26-132105CEO total compensation as printed in Fortune Brands Innovations, Inc.'s own proxy. As printed: 10,476,545. Filing ↗machine: t134 · r4 · c31 · span 1680525–1680535
43Watts Water Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038336CEO total compensation as printed in Watts Water Technologies, Inc.'s own proxy. As printed: 10,423,317. Filing ↗machine: t44 · r1 · c41 · span 907085–907095
44Eagle Materials Inc., Section 10b CEO totalDEF 14A2026-06-150001193125-26-271073CEO total compensation as printed in Eagle Materials Inc.'s own proxy. As printed: 10,302,728. Filing ↗machine: t143 · r4 · c26 · span 1818301–1818311
45Advanced Drainage Systems (subject), Section 10b CEO totalDEF 14A2026-06-030001604028-26-000024CEO total compensation as printed in Advanced Drainage Systems's own proxy. As printed: 9,780,935. Filing ↗machine: r2 · c48 · span 543974–543983
46Graco Inc., Section 10b CEO totalDEF 14A2026-03-110001193125-26-101267CEO total compensation as printed in Graco Inc.'s own proxy. As printed: 9,491,330. Filing ↗machine: r2 · c35 · span 436111–436120
47IDEX Corporation, Section 10b CEO totalDEF 14A2026-03-260001193125-26-125451CEO total compensation as printed in IDEX Corporation's own proxy. As printed: 9,112,893. Filing ↗machine: r4 · c23 · span 1359494–1359503
48Lennox International Inc., Section 10b CEO totalDEF 14A2026-04-080001069202-26-000046CEO total compensation as printed in Lennox International Inc.'s own proxy. As printed: 8,434,155. Filing ↗machine: r3 · c27 · span 747666–747675
49Simpson Manufacturing Co., Inc., Section 10b CEO totalDEF 14A2026-03-240001628280-26-020810CEO total compensation as printed in Simpson Manufacturing Co., Inc.'s own proxy. As printed: 7,768,355. Filing ↗machine: r2 · c21 · span 924542–924551
50Mueller Water Products, Inc., Section 10b CEO totalDEF 14A2025-12-190001350593-25-000069CEO total compensation as printed in Mueller Water Products, Inc.'s own proxy. As printed: 6,855,283. Filing ↗machine: t85 · r2 · c8 · span 974013–974022
51Section 10a, Graco Inc. reciprocityDEF 14A0001193125-26-101267Graco Inc.'s most recent proxy was read; its disclosed peer group does not include Advanced Drainage Systems. Filing ↗
52Section 10a, Xylem Inc. reciprocityDEF 14A0001104659-26-036678Xylem Inc.'s most recent proxy was read; its disclosed peer group does not include Advanced Drainage Systems. Filing ↗
53Section 10a, Watts Water Technologies, Inc. reciprocityDEF 14A0001104659-26-038336Watts Water Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Advanced Drainage Systems. Filing ↗
54Section 10a, Eagle Materials Inc. reciprocityDEF 14A0001193125-26-271073Eagle Materials Inc.'s most recent proxy was read; its disclosed peer group does not include Advanced Drainage Systems. Filing ↗
55Section 10a, IDEX Corporation reciprocityDEF 14A0001193125-26-125451IDEX Corporation's most recent proxy was read; its disclosed peer group does not include Advanced Drainage Systems. Filing ↗
56Section 10a, Lennox International Inc. reciprocityDEF 14A0001069202-26-000046Lennox International Inc.'s most recent proxy was read; its disclosed peer group does not include Advanced Drainage Systems. Filing ↗
57Section 10a, Mueller Water Products, Inc. reciprocityDEF 14A0001350593-25-000069Mueller Water Products, Inc. names Advanced Drainage Systems in its own disclosed peer group (read from its most recent proxy). Filing ↗
58Section 10a, Zurn Elkay Water Solutions Corp. reciprocityDEF 14A0001193125-26-104339Zurn Elkay Water Solutions Corp. names Advanced Drainage Systems in its own disclosed peer group (read from its most recent proxy). Filing ↗
59Section 10a, Simpson Manufacturing Co., Inc. reciprocityDEF 14A0001628280-26-020810Simpson Manufacturing Co., Inc. names Advanced Drainage Systems in its own disclosed peer group (read from its most recent proxy). Filing ↗