Form 4: Autodesk EVP Steven Blum Reports Stock Transactions
SEC Form 4 Filing
Steven Blum, EVP and Chief Operating Officer of Autodesk, reports the acquisition and disposal of company stock, including shares withheld for taxes and shares earned from Performance Stock Units.
Summary
- Steven Blum, an EVP and Chief Operating Officer at Autodesk, filed a Form 4 detailing changes in his beneficial ownership of Autodesk stock on March 27, 2025.
- He disposed of 4,720 shares of common stock at a price of $271.21 to cover taxes.
- He also disposed of 7,838 shares held in a Family Trust at the same price for tax purposes.
- Blum acquired 19,908 shares of common stock through the vesting of Performance Stock Units (PSUs) at a price of $0.
- Following these transactions, Blum directly owns 13,898 shares and indirectly owns 35,519 shares through a Family Trust.
- The total securities beneficially owned includes 13,328 shares of unvested Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The vesting of 19,908 Performance Stock Units indicates that performance targets were met.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives.
Comparison to Industry Standards
- Monitoring insider transactions is a standard practice in corporate governance to ensure fair markets.
- Similar filings are expected from executives at comparable companies like Adobe (ADBE) and Dassault Systèmes (DSY).
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/20/2006 | Date of the BLUM FAMILY DECL. TR U/A/D |
| 04/30/2006 | Date of the BLUM FAMILY DECL. TR U/A/D |
| 03/27/2025 | Date of the reported transactions and PSU vesting. |
| 03/28/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Autodesk, ADSK, Steven Blum, Form 4, Stock Transactions, Beneficial Ownership, Performance Stock Units, Restricted Stock Units, Family Trust
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