Form 4: Autodesk COO Reports Stock Vesting and Tax Disposals

Autodesk's COO, Steven M. Blum, reported recent stock transactions including the vesting of performance units and tax-related share disposals.

Summary

• Steven M. Blum, EVP, Chief Operating Officer of Autodesk, Inc., reported several transactions on March 24, 2026.
• Acquired 15,403 shares of common stock at $0 per share due to the vesting of Performance Stock Unit (PSU) awards, indicating attainment of performance targets.
• Disposed of 5,240 shares of common stock at $247.44 per share to cover tax obligations related to the vesting.
• An additional 6,067 shares held indirectly by a Family Trust were also disposed of at $247.44 per share for tax purposes.
• Following these transactions, direct beneficial ownership stands at 11,467 shares, which includes 10,803 unvested Restricted Stock Units.
• Indirect beneficial ownership through the Family Trust is 32,993 shares, after a transfer of 10,558 shares from direct holdings to the trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, reflecting standard executive compensation practices and tax obligations rather than a discretionary buy or sell decision that would signal a change in company outlook.

Positives

• The vesting of 15,403 Performance Stock Unit (PSU) awards indicates that performance targets were met, leading to the earning of these shares.

Negatives

• A total of 11,307 shares (5,240 direct and 6,067 indirect) were disposed of at $247.44 per share to cover tax liabilities.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings provide transparency into insider transactions, which can sometimes offer insights into management's view of the company's prospects, though these transactions are often pre-scheduled and routine aspects of executive compensation.

Related Party Transactions

• A transfer of 10,558 shares from direct holdings to the BLUM FAMILY DECL. TR U/A/D 4/30/06 (the 'Family Trust') was reported, with the reporting person being a trustee of the Family Trust.

Stakeholder Impact

• Shareholders gain transparency into executive stock ownership and compensation, which is a standard aspect of corporate governance.

Key Dates

Recommendation

The reported transactions are primarily related to the vesting of performance stock units and tax withholdings, which are routine aspects of executive compensation and do not indicate a change in the company's fundamental outlook or warrant a shift in investment strategy.

Keywords

Autodesk, ADSK, Form 4, Insider Transaction, Executive Compensation, Performance Stock Units, Stock Vesting