Form 4: Autodesk EVP Sells Shares Under Pre-Arranged Plan

Autodesk's EVP, Chief People Officer, Rebecca Pearce, sold 6,129 shares of common stock for approximately $1.98 million under a pre-arranged 10b5-1 trading plan.

Summary

• Rebecca Pearce, Executive Vice President and Chief People Officer of Autodesk, Inc. (ADSK), reported the sale of common stock.
• The transactions are scheduled to occur on August 29, 2025.
• A total of 6,129 shares of common stock were sold in two separate transactions.
• The first sale involved 2,377 shares at a price of $320 per share.
• The second sale involved 3,752 shares at a price of $325 per share.
• These sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Rebecca Pearce on March 11, 2025.
• Following these transactions, Rebecca Pearce will beneficially own 13,311 shares, which includes 13,217 shares of unvested Restricted Stock Units.

Sentiment

Score: 5

Explanation: The sale of shares by an executive is a routine event when conducted under a Rule 10b5-1 trading plan, which indicates a pre-scheduled divestment strategy rather than a reaction to new company developments. This typically results in a neutral sentiment.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned divestment strategy rather than a reaction to new, non-public information.

Negatives

• An executive selling a significant number of shares, even under a 10b5-1 plan, could be perceived negatively by some investors, although the pre-arranged nature mitigates concerns about insider information.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: May view executive selling as a slight negative, but the 10b5-1 plan mitigates concerns about insider information, suggesting a planned financial move rather than a lack of confidence in the company.

Key Dates

Recommendation

The Form 4 filing details a pre-scheduled sale of shares by an executive under a Rule 10b5-1 plan. This is a routine transaction and does not provide new material information that would warrant a change in investment recommendation. Investors should consider broader company fundamentals and market conditions.

Keywords

Autodesk, ADSK, Insider Sale, Form 4, Rebecca Pearce, Executive Stock Sale, 10b5-1 Plan, Common Stock