4/A: Autodesk EVP Rebecca Pearce Amends Form 4 Filing to Correct Withholding and Share Acquisition Data
SEC Filing (Form 4/A)
Rebecca Pearce, EVP and Chief People Officer at Autodesk, amends her Form 4 filing to correct previously misreported withholding amounts and share acquisition details related to performance stock units and the employee stock purchase plan.
Summary
- Rebecca Pearce, an executive at Autodesk, filed an amendment to her Form 4 on July 18, 2024, to correct errors in a previous filing from March 28, 2024.
- The amendment addresses inaccuracies in the withholding amounts and the number of shares acquired through the Employee Stock Purchase Plan on September 29, 2023.
- The corrected filing shows that on March 26, 2024, Ms. Pearce acquired 5,977 shares of common stock related to performance stock units (PSUs) at $0.
- Additionally, 2,811 shares were withheld to cover taxes at a price of $261.57.
- Following these transactions, Ms. Pearce beneficially owns 14,374 shares of Autodesk common stock, which includes 8,638 unvested Restricted Stock Units.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting administrative errors, suggesting a neutral to slightly positive sentiment as it reflects attention to detail and compliance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies like Autodesk. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The correction of the Form 4 filing ensures accurate information is available to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Shares earned based upon attainment for Performance Stock Unit awards; shares withheld to cover taxes. |
| 03/28/2024 | Original Form 4 filing date. |
| 07/18/2024 | Date of Form 4/A amendment filing. |
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