Autodesk (ADSK) COO receives PSU shares and covers taxes with stock
Rhea-AI Filing Summary
Autodesk, Inc. executive Steven M. Blum reported compensation-related share movements rather than open-market trades. On 03/24/2026, 5,240 shares of Common Stock were disposed of at $247.44 per share to cover taxes, leaving 11,467 shares held directly. The filing notes that the total securities beneficially owned directly include 10,803 unvested Restricted Stock Units.
On the same date, a Family Trust associated with Blum acquired 15,403 shares of Common Stock at $0.00 per share as a grant or award, representing shares earned upon attainment for Performance Stock Unit awards. The Family Trust then disposed of 6,067 shares at $247.44 per share to cover taxes, resulting in 32,993 shares held indirectly by the trust. Blum is a trustee of the Family Trust and disclaims beneficial ownership of those shares except to the extent of his proportionate pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,240 | $247.44 | $1.30M |
| Grant/Award | Common Stock | 15,403 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,067 | $247.44 | $1.50M |
Footnotes (6)
- F1. Shares withheld to cover taxes.
- F2. Includes shares acquired in September 2025 pursuant to the Issuer's Employee Stock Purchase Plan.
- F3. The total securities beneficially owned includes 10,803 shares of unvested Restricted Stock Units.
- F4. Represents shares earned based upon attainment for Performance Stock Unit awards. 15,403 shares subject to one PSU vested on attainment on 03/24/2026.
- F5. Reflects the transfer of 10,558 shares from direct holdings to the BLUM FAMLY DECL. TR U/A/D 4/30/06 (the "Family Trust")
- F6. The shares are held by the BLUM FAMILY DECL. TR U/A/D 4/20/06 (the "Family Trust"). The reporting person is a trustee of the Family Trust. The reporting person disclaims beneficial ownership of the shares held by the Family Trust except to the extent of his proportionate pecuniary interest therein.
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