Form 4: Autodesk SVP Stephen W. Hope Reports Sale of Common Stock
SEC Form 4 Filing
Stephen W. Hope, SVP & Chief Accounting Officer of Autodesk, Inc., reported the sale of 286 shares of common stock at a price of $274.84 on September 30, 2024, pursuant to a pre-arranged trading plan.
Summary
- On September 30, 2024, Stephen W. Hope, SVP & Chief Accounting Officer of Autodesk, Inc., reported a transaction involving the company's common stock.
- Hope sold 286 shares at a price of $274.84 per share.
- The sale was executed under a Rule 10b5-1 trading plan adopted on July 2, 2024.
- Following the transaction, Hope beneficially owns 4,879 shares, including unvested Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to sell shares under pre-arranged trading plans to avoid accusations of trading on inside information.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although the existence of a pre-arranged trading plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 07/02/2024 | Date the reporting person adopted a Rule 10b5-1 trading plan |
| 09/30/2024 | Date of the transaction (sale of common stock) |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.