4/A: Autodesk CFO Janesh Moorjani Receives 33,514 Restricted Stock Units

Autodesk's Chief Financial Officer, Janesh Moorjani, was granted 33,514 restricted stock units, vesting over the next three years.

Summary

• Janesh Moorjani, the Executive Vice President and Chief Financial Officer of Autodesk, Inc., received 33,514 restricted stock units.
• These restricted stock units will vest over a period of three years.
• 6,539 shares will vest on December 16, 2025.
• An additional 6,539 shares will vest over two years, with 50% vesting each year ending on December 16, 2026.
• The remaining 20,436 shares will vest over three years, with 33% vesting each year ending on December 16, 2027.
• This filing is an amendment to clarify the price of the award and the vesting schedule of the grant.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed positively as it aligns management's interests with shareholders. There are no negative implications.

Positives

• The grant of restricted stock units aligns the CFO's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution from the CFO over the next three years.

Risks

• The value of the restricted stock units is subject to the market price of Autodesk's stock, which can fluctuate.
• If the CFO leaves the company before the vesting dates, they may forfeit some or all of the unvested shares.

Industry Context

This type of equity compensation is common for executives in publicly traded companies to align their interests with shareholders and incentivize long-term performance.

Comparison to Industry Standards

• Granting restricted stock units is a standard practice for executive compensation in the technology industry.
• Companies like Adobe, Oracle, and SAP also use similar equity-based compensation plans for their executives.
• The vesting schedule of three years is also typical, encouraging long-term commitment from the executive.

Stakeholder Impact

• Shareholders may view this as a positive sign of aligning management's interests with the company's long-term success.
• Employees may see this as a standard practice for executive compensation.

Key Dates

Keywords

Restricted Stock Units, Stock Options, Executive Compensation, Janesh Moorjani, Autodesk, ADSK, Vesting Schedule, CFO