Form 4: Autodesk Director Mary T. McDowell Sells Shares Under 10b5-1 Trading Plan

Mary T. McDowell, a director at Autodesk, Inc., sold 550 shares of common stock at $248.18 per share on August 15, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On August 15, 2024, Mary T. McDowell, a director of Autodesk, Inc., sold 550 shares of Autodesk's common stock.
• The sale was executed at a price of $248.18 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted by McDowell on September 13, 2023.
• Following the transaction, McDowell directly owns 31,899 shares of Autodesk, Inc., including 1,433 unvested Restricted Stock Units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan and doesn't necessarily indicate a positive or negative outlook on the company.

Industry Context

Sales by company directors are routinely monitored by investors. Sales under 10b5-1 plans are generally viewed as less impactful than discretionary sales, as they are pre-arranged.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns.

Key Dates