ADSK.NASDAQAutodesk, INC

4/A: Autodesk SVP Stephen W. Hope Reports Stock Transactions

Sentiment:

SEC Filing


Stephen W. Hope, SVP & Chief Accounting Officer of Autodesk, Inc., reports the acquisition and disposal of company stock, including transactions under the Employee Stock Purchase Plan and a Rule 10b5-1 trading plan.

Summary

  • Stephen W. Hope, SVP & Chief Accounting Officer of Autodesk, Inc., filed a Form 4/A with the SEC.
  • The report details changes in beneficial ownership of Autodesk stock.
  • On September 30, 2024, Hope acquired 54 shares of common stock at $163.59 per share through the Employee Stock Purchase Plan (ESPP).
  • On October 1, 2024, Hope disposed of 54 shares of common stock at $274.61 per share.
  • These sales were executed under a Rule 10b5-1 trading plan adopted on July 1, 2024.
  • Following these transactions, Hope beneficially owns 4,879 shares, including unvested Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.

Positives

  • The reporting person is actively participating in the company's Employee Stock Purchase Plan.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common among publicly traded companies. It provides transparency into the executive's investment activities in the company's stock.

Comparison to Industry Standards

  • Executive stock transactions are a common occurrence in publicly traded companies like Autodesk.
  • Companies such as Adobe (ADBE), Microsoft (MSFT), and Salesforce (CRM) also have executives who regularly report their stock transactions via SEC filings.
  • The use of Rule 10b5-1 trading plans is a standard practice to allow insiders to sell shares without being accused of trading on non-public information.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders as they reflect an executive's personal investment decisions.

Key Dates

DateDescription
07/01/2024Date of adoption of Rule 10b5-1 trading plan
09/30/2024Date of stock acquisition through ESPP
10/01/2024Date of stock disposal under Rule 10b5-1 plan
10/01/2024Original filing date of Form 4
10/04/2024Date of Form 4/A filing

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