Form 4: Autodesk EVP Ruth Ann Keene Reports Stock Transaction

Ruth Ann Keene, EVP, Corp Affairs, CLO of Autodesk, Inc., reports a transaction involving common stock due to tax obligations.

Summary

• On February 27, 2024, Ruth Ann Keene, EVP, Corp Affairs, CLO of Autodesk, Inc., reported a transaction involving the company's common stock.
• The transaction involved the withholding of 10,815 shares to cover taxes at a price of $257.35 per share.
• Following the transaction, Keene beneficially owns 66,656 shares of Autodesk common stock, which includes 12,035 unvested Restricted Stock Units.
• Keene has granted power of attorney to multiple individuals to complete and execute SEC filings related to her ownership of Autodesk securities.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are closely monitored by investors for insights into management's perspective on the company's value and future prospects. This transaction appears to be related to tax obligations, which is a routine event.

Comparison to Industry Standards

• Executive stock transactions are common across the technology industry.
• Similar transactions are regularly reported by executives at companies like Adobe (ADBE), Microsoft (MSFT), and Salesforce (CRM).
• The scale of the transaction is typical for executives at companies of Autodesk's size.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it is a routine sale of shares for tax purposes.

Key Dates