There are no Owners for an S Corp. The shareholders might get distributions. The shareholder-employees get payroll. If any one shareholder gets a distribution, everyone gets some as pro-rata.

It's not called Draw, because they don't get to just take money. It's not theirs, alone. An Owner draws from a Sole Prop or SMLLC, because it is all theirs, already.

Distributions for an S Corp are not Expense, either. It's not a write off. You don't enter it on the 1040, because it's not taxable income. It's the movement of money that exists because of the operations that are reported on the 1120S and passed through on the K-1.