Form 4: Autodesk Director Rami Rahim Reports Acquisition of Restricted Stock Units

Autodesk, Inc. Director Rami Rahim has reported the acquisition of additional Restricted Stock Units (RSUs) as part of his director compensation, increasing his beneficial ownership to 4,649 shares.

Summary

• Rami Rahim, a Director of Autodesk, Inc. (ADSK), reported changes in his beneficial ownership of common stock through a Form 4 filing.
• On June 18, 2025, Mr. Rahim acquired 304 Restricted Stock Units (RSUs) at a price of $0. These RSUs were granted pursuant to the Director Compensation Policy and the 2022 Equity Incentive Plan in lieu of cash compensation for director services.
• On the same date, June 18, 2025, Mr. Rahim acquired an additional 846 Restricted Stock Units (RSUs) at a price of $0. These RSUs are granted annually under the Director Compensation Policy and the 2022 Equity Incentive Plan.
• Both sets of newly acquired RSUs (totaling 1,150 units) are scheduled to vest on the date of the next annual meeting.
• Following these transactions, Mr. Rahim's total beneficial ownership in Autodesk increased to 4,649 shares of common stock.
• His total beneficial ownership now includes 1,150 unvested Restricted Stock Units and 2,540 vested Restricted Stock Units, the distribution of which has been deferred by the reporting person.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of director compensation in the form of Restricted Stock Units, which is a positive for aligning director interests with shareholders, but does not contain new operational or financial news that would significantly alter the company's outlook.

Positives

• Director Rami Rahim increased his beneficial ownership in Autodesk, Inc. through the acquisition of 1,150 Restricted Stock Units (RSUs), aligning his interests with long-term shareholder value.
• The acquisition of RSUs at a $0 price indicates they are compensation, which is a standard practice for director remuneration and helps retain key board members.

Future Outlook

The newly acquired Restricted Stock Units are scheduled to vest on the date of the next annual meeting, aligning future compensation with company performance and long-term value creation.

Management Comments

• "The Reporting Person is entitled to receive one share of Common Stock for each Restricted Stock Unit."
• "These are Restricted Stock Units granted pursuant to the Director Compensation Policy and under the 2022 Equity Incentive Plan in lieu of cash compensation for services as a director, and vest on the date of the next annual meeting."
• "The total securities beneficially owned includes 304 shares of unvested Restricted Stock Units and 2,540 shares of vested Restricted Stock Units the distribution of which the reporting person has deferred pursuant to the Director Compensation Policy and under the 2022 Equity Incentive Plan."
• "These Restricted Stock Units, which are granted annually pursuant to the Director Compensation Policy and under the 2022 Equity Incentive Plan, vest on the date of the next annual meeting."

Industry Context

This Form 4 filing reflects standard compensation practices for directors in publicly traded companies, often involving equity grants like Restricted Stock Units to align director interests with long-term shareholder value and corporate governance best practices.

Corporate Governance

Related Party Transactions

• The acquisition of Restricted Stock Units by Director Rami Rahim constitutes a related party transaction, as it is compensation provided by the company to a member of its board of directors.

Stakeholder Impact

• Shareholders: The equity grants align the director's financial interests with the long-term performance of the company, potentially fostering decisions that enhance shareholder value.

Next Steps

• Vesting of the 1,150 Restricted Stock Units on the date of the next annual meeting.

Key Dates

Recommendation

Keywords

Autodesk, ADSK, Form 4, SEC filing, Restricted Stock Units, RSU, Director Compensation, Insider Transaction, Beneficial Ownership