ADSK.NASDAQAutodesk, INC

Form 4: Autodesk SVP Stephen Hope Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Stephen Hope, SVP & Chief Accounting Officer of Autodesk, reports transactions involving common stock, including acquisitions, disposals, and shares withheld for taxes.

Summary

  • Stephen Hope, SVP & Chief Accounting Officer of Autodesk, filed a Form 4 detailing changes in beneficial ownership of Autodesk stock.
  • On March 26, 2024, shares were withheld to cover taxes, resulting in a disposal of 523 shares at $261.57 per share.
  • On the same date, 1,459 shares were acquired due to the vesting of Performance Stock Units (PSUs) at a price of $0.
  • An additional 200 shares were withheld for taxes on March 26, 2024, at $261.57 per share.
  • On March 27, 2024, 1,757 shares were sold at $260.47 per share, pursuant to a Rule 10b5-1 trading plan.
  • Following these transactions, Hope directly owns 3,450 shares of common stock, which includes 3,006 unvested Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, and therefore has a neutral sentiment.

Positives

  • The vesting of 1,459 Performance Stock Units indicates achievement of performance goals.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.

Key Dates

DateDescription
03/26/2024Shares withheld to cover taxes (523 shares), PSU shares earned (1,459 shares), and additional shares withheld for taxes (200 shares).
03/27/2024Sale of 1,757 shares pursuant to a Rule 10b5-1 trading plan.
03/28/2024Date of signature on the Form 4 filing.

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