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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,240 | $247.44 | $1.30M |
| Grant/Award | Common Stock | 15,403 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,067 | $247.44 | $1.50M |
Footnotes (1)
- Shares withheld to cover taxes. Includes shares acquired in September 2025 pursuant to the Issuer's Employee Stock Purchase Plan. The total securities beneficially owned includes 10,803 shares of unvested Restricted Stock Units. 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. 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") 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.
FAQ
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