Form 4: Autodesk Executive Steven Blum Reports Stock Transaction

Autodesk's EVP, Chief Operating Officer, Steven Blum, reported a transaction involving the withholding of shares to cover taxes and also reported holdings in a family trust.

Summary

• Steven Blum, EVP and Chief Operating Officer of Autodesk, Inc., filed a Form 4 disclosing a transaction on February 1, 2025.
• The transaction involved the withholding of 575 common stock shares to cover taxes at a price of $311.34 per share.
• Following the transaction, Blum directly owns 26,931 shares, which includes 26,361 unvested Restricted Stock Units.
• Blum also indirectly owns 19,136 shares through a family trust, of which he is a trustee, but disclaims beneficial ownership except for his pecuniary interest.
• The report also notes that some shares were acquired in September 2024 through the company's Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a routine stock transaction, with no indication of positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies like Autodesk. It provides transparency into the ownership changes of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and Autodesk's filing is consistent with these requirements.
• The transaction is a common occurrence for executives who receive stock-based compensation, and the withholding of shares for taxes is a typical practice.
• The use of family trusts for holding shares is also a common strategy for executives.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax withholding of shares.
• The disclosure provides transparency to stakeholders regarding executive stock ownership.

Key Dates

Keywords

Autodesk, Steven Blum, stock transaction, Form 4, insider trading, executive compensation, share ownership, restricted stock units, employee stock purchase plan, family trust