Form 4: Autodesk CEO Andrew Anagnost Reports Stock Transactions

Autodesk's CEO, Andrew Anagnost, reports the acquisition and disposal of company stock, including shares withheld for taxes and shares earned through performance stock units.

Summary

• Andrew Anagnost, the President and CEO of Autodesk, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On March 27, 2025, Anagnost disposed of 16,890 shares of common stock at a price of $271.21 per share to cover taxes.
• He also disposed of 28,011 shares at $271.21 for taxes.
• Additionally, he acquired 56,493 shares of common stock at $0, representing shares earned based on the attainment of Performance Stock Unit (PSU) awards.
• Following these transactions, Anagnost beneficially owns 132,112 shares of Autodesk common stock, which includes 37,546 unvested Restricted Stock Units.
• The report also notes that Anagnost acquired shares in September 2024 through the Employee Stock Purchase Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing primarily reports routine stock transactions related to tax obligations and vesting of performance-based compensation. There's no indication of significant positive or negative sentiment.

Positives

• The acquisition of 56,493 shares due to the attainment of Performance Stock Unit awards suggests that performance targets were met, which could be viewed positively.

Negatives

• The disposal of shares to cover taxes, while a common practice, reduces Anagnost's direct stake in the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. Investors monitor these filings to gain insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Tracking insider transactions is a common practice in financial analysis.
• Comparing Anagnost's holdings and transactions to those of CEOs at similar software companies (e.g., Adobe, Microsoft) can provide context.
• The vesting of Performance Stock Units is a standard compensation practice to align executive incentives with company performance.

Stakeholder Impact

• The transactions themselves have minimal direct impact on stakeholders.
• However, transparency in insider trading activity is important for maintaining investor confidence.

Key Dates

Keywords

Autodesk, ADSK, Andrew Anagnost, Stock, Form 4, Beneficial Ownership, Performance Stock Units, Restricted Stock Units, Employee Stock Purchase Plan