ADSK.NASDAQAutodesk, INC

Form 4: Autodesk Director Stacy J. Smith Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Stacy J. Smith reports acquisition of Autodesk common stock through restricted stock units.

Summary

  • On July 16, 2024, Stacy J. Smith, a director of Autodesk, Inc., acquired 709 shares of common stock at $0.00 per share.
  • These shares were obtained through restricted stock units (RSUs) granted under the Director Compensation Policy and the 2022 Equity Incentive Plan.
  • Smith also acquired 984 shares of common stock at $0.00 per share through additional RSUs, also vesting at the next annual meeting.
  • Following these transactions, Smith directly owns 21,627 shares of Autodesk common stock, including 1,693 unvested RSUs.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock grants to a director. It indicates confidence but doesn't provide significant new information.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

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

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates

DateDescription
07/16/2024Date of transaction: Acquisition of common stock through restricted stock units.
07/17/2024Date of signature by Attorney-in-Fact.

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