secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
CIK:        0001604028
Form:       8-K
Filed at:   2022-07-21T23:59:59+00:00
Accession:  0001604028-22-000043
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advanced Drainage Systems elects Kelly Gast to board of directors
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- Kelly Gast elected director with 72.8M votes for, 0.4M against, 0.9M abstentions.
- Gast is CFO of Bayer's Crop Science division, previously SVP & CFO of Bayer US.
- Stockholders ratified Deloitte as auditor for FY2023 with 73.9M votes for, 1.5M against.
- Advisory vote approved exec compensation (69.5M for, 3.3M against); frequency set at one year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604028/000160402822000043/0001604028-22-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604028/000160402822000043/wms-20220721.htm
  HTML page:      https://secwatch.observer/filing/0001604028-22-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer