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Autodesk Board Member Strengthens Position with New Restricted Stock Units

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MILLIGAN STEPHEN D

(Last) (First) (Middle)
ONE MARKET, SUITE 400

(Street)
SAN FRANCISCO CA 94105

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Autodesk, Inc. [ ADSK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/18/2025 A(1) 304 A $0 304(2) D
Common Stock 06/18/2025 A(3) 846 A $0 1,150(4) D
Common Stock 10,894 I By Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. The total securities beneficially owned includes 304 shares of unvested Restricted Stock Units.
3. 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.
4. The total securities beneficially owned includes 1,150 shares of unvested Restricted Stock Units.
Remarks:
Melissa Hoge, Attorney-in-Fact for Stephen D. Milligan 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many ADSK shares did director Stephen Milligan acquire on June 18, 2025?

Stephen Milligan acquired a total of 1,150 Restricted Stock Units (RSUs) on June 18, 2025, consisting of 304 RSUs granted in lieu of cash compensation and 846 RSUs as part of the annual director grant under the 2022 Equity Incentive Plan.

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.

How many ADSK shares does Stephen Milligan own indirectly through trust?

Stephen Milligan beneficially owns 10,894 shares of Autodesk (ADSK) common stock indirectly through a trust, as reported in Table I of the Form 4.

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.
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