Form 4: Autodesk SVP Stephen W. Hope Reports Sale of Shares and Amends Previous Filing

Stephen W. Hope, SVP & Chief Accounting Officer of Autodesk, Inc., reported the sale of 75 common stock shares and amended a previous Form 4 filing to correct administrative errors.

Summary

• Stephen W. Hope, SVP & Chief Accounting Officer of Autodesk, Inc., filed a Form 4 with the SEC.
• The form reports a transaction on June 27, 2024, where 75 shares of common stock were disposed of at a price of $244.22 per share.
• Following the transaction, Hope beneficially owns 5,350 shares, which includes unvested Restricted Stock Units.
• The filing also amends a previous Form 4 from March 28, 2024, to correct an administrative error related to withholding amounts and the number of shares acquired on September 29, 2023, under the Employee Stock Purchase Plan.
• No sales were made in connection with this correction.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing. The sale of a small number of shares by an executive is unlikely to have a significant impact on investor sentiment. The amendment to correct an administrative error is a neutral event.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders buy or sell their company's stock. They provide transparency into the transactions of individuals with access to non-public information.

Stakeholder Impact

• The stock sale by an insider could be perceived negatively by some shareholders, although the small number of shares sold suggests it is unlikely to have a significant impact.

Key Dates