Form 4: Autodesk Director Mary T. McDowell Reports Acquisition of Restricted Stock Units

Director Mary T. McDowell reports acquisition of restricted stock units in Autodesk, Inc.

Summary

• Mary T. McDowell, a director of Autodesk, Inc., reported the acquisition of 449 and 984 shares of common stock in the form of Restricted Stock Units (RSUs) on July 16, 2024.
• These RSUs were granted under the 2022 Equity Incentive Plan and Director Compensation Policy as compensation for services as a director.
• The RSUs vest on the date of the next annual meeting.
• Following these transactions, McDowell beneficially owns 32,449 shares of Autodesk common stock, including 1,433 unvested RSUs.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and expected course of business. The acquisition of RSUs by a director is generally viewed positively as it aligns their interests with shareholders.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The RSUs will vest on the date of the next annual meeting.

Industry Context

Director compensation in the form of stock options and restricted stock units is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Stakeholder Impact

• The acquisition of RSUs by a director can positively influence shareholder sentiment.

Next Steps

• The RSUs will vest on the date of the next annual meeting.

Key Dates