Autodesk Board Member Strengthens Position with New Restricted Stock Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Autodesk (ADSK) Director Stephen D. Milligan reported multiple transactions of Restricted Stock Units (RSUs) on June 18, 2025. The transactions include:
- Acquisition of 304 RSUs granted under the 2022 Equity Incentive Plan in lieu of cash compensation for director services
- Acquisition of 846 RSUs as part of annual director compensation
Following these transactions, Milligan's beneficial ownership consists of 1,150 unvested RSUs held directly and 10,894 shares held indirectly through a trust. All newly granted RSUs will vest at the next annual meeting. These grants are part of Autodesk's Director Compensation Policy and were made under the company's 2022 Equity Incentive Plan. The transactions were reported through an attorney-in-fact, Melissa Hoge.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MILLIGAN STEPHEN D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 304 | $0.00 | -- |
| Grant/Award | Common Stock | 846 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 304 shares (Direct);
Common Stock — 10,894 shares (Indirect, By Trust)
Footnotes (1)
- The Reporting Person is entitled to receive one share of Common Stock for each Restricted Stock Unit. These are Restricted Stock Units granted pursuant to the Director Compensation Policy and under the 2022 Equity Incentive Plan in lieu of cash compensation for services as a director, and vest on the date of the next annual meeting. The total securities beneficially owned includes 304 shares of unvested Restricted Stock Units. The Reporting Person is entitled to receive one share of Common Stock for each Restricted Stock Unit. These Restricted Stock Units, which are granted annually pursuant to the Director Compensation Policy and under the 2022 Equity Incentive Plan, vest on the date of the next annual meeting. The total securities beneficially owned includes 1,150 shares of unvested Restricted Stock Units.
FAQ
What is the vesting schedule for ADSK director Stephen Milligan's new RSU grants?
According to the filing, both RSU grants (304 units and 846 units) will vest on the date of the next annual meeting, as specified in Autodesk's Director Compensation Policy.
What is the total number of unvested RSUs held by ADSK director Stephen Milligan after the June 18, 2025 grants?
Following the June 18, 2025 grants, Stephen Milligan holds a total of 1,150 unvested Restricted Stock Units, as indicated in footnote 4 of the Form 4 filing.
What was the purchase price of ADSK RSUs granted to Stephen Milligan on June 18, 2025?
The Restricted Stock Units were granted at $0 cost to Stephen Milligan, as shown in Table I of the Form 4 filing, as they were awarded as part of director compensation and not purchased.