Form 4: Autodesk EVP Ruth Ann Keene Reports Stock Transactions

Ruth Ann Keene, EVP, Corp Affairs, CLO of Autodesk, Inc., reports acquisition and disposal of common stock related to tax obligations and performance stock unit vesting.

Summary

• Ruth Ann Keene, an executive at Autodesk, reported transactions involving the company's common stock on March 27, 2025.
• These transactions included the withholding of shares to cover taxes at a price of $271.21 per share, resulting in the disposal of 2,901 shares and 4,971 shares.
• Additionally, 10,447 shares were acquired due to the vesting of Performance Stock Units (PSUs).
• Following these transactions, Keene directly owns 76,170 shares of Autodesk common stock, which includes 6,696 unvested Restricted Stock Units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and tax obligations. The vesting of PSUs is a slightly positive indicator of performance.

Positives

• The vesting of Performance Stock Units indicates that performance targets were met, which is a positive signal.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's common for executives to receive stock-based compensation and to have shares withheld to cover taxes upon vesting.

Comparison to Industry Standards

• Stock-based compensation is a common practice among publicly traded companies, particularly in the technology sector, to align executive interests with shareholder value.
• Companies like Adobe (ADBE), Salesforce (CRM), and Microsoft (MSFT) also utilize stock options and restricted stock units as part of their compensation packages.
• The vesting schedules and performance metrics associated with these awards vary by company and are often tied to specific financial or strategic goals.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
• The vesting of PSUs could be seen as a positive sign for shareholders, as it indicates that performance targets were met.

Key Dates

Keywords

Autodesk, ADSK, Form 4, Ruth Ann Keene, Stock Transaction, Performance Stock Units, Tax Withholding, EVP, Corp Affairs, CLO