Form 4: Autodesk Director Ram R. Krishnan Acquires Restricted Stock Units

Autodesk director Ram R. Krishnan acquired 491 restricted stock units, which vest at the next annual meeting.

Summary

• Director Ram R. Krishnan acquired 491 restricted stock units of Autodesk common stock on December 18, 2024.
• These restricted stock units were granted under the 2022 Equity Incentive Plan and the 2022 Director Compensation Policy.
• The restricted stock units vest on the date of the next annual meeting.
• The total securities beneficially owned by Krishnan includes these 491 unvested restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of a director receiving stock units, which is generally a positive sign of alignment with company goals. There are no negative implications.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.
• The vesting of the units at the next annual meeting aligns the director's interests with those of the shareholders.

Industry Context

This is a standard transaction for directors of publicly traded companies, often used as part of their compensation packages to align their interests with shareholders.

Comparison to Industry Standards

• Many technology companies use restricted stock units as part of their compensation packages for directors and executives.
• The vesting schedule of these units, typically tied to annual meetings or performance milestones, is a common practice.
• Companies like Adobe, Microsoft, and Oracle also use similar equity-based compensation plans for their directors.

Stakeholder Impact

• The acquisition of restricted stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Next Steps

• The restricted stock units will vest at the next annual meeting.

Key Dates

Keywords

Autodesk, Director, Restricted Stock Units, Equity Incentive Plan, Beneficial Ownership, ADSK