Anagnost Andrew 4
Research Summary
AI-generated summary
Autodesk (ADSK) CEO Andrew Anagnost Receives 43,091-Share Award
What Happened
- Andrew Anagnost, President & CEO (and Director) of Autodesk, had 43,091 Performance Stock Units (PSUs) vest on 2026-03-24. All 43,091 shares were reported as acquired at $0.00 (award/vesting).
- To cover tax withholding, 21,201 shares and 21,366 shares were withheld at an implied value of $247.44 per share (reported as dispositions). The withheld shares generated proceeds of $5,245,975 and $5,286,803, respectively (total ≈ $10,532,778). After withholding, Anagnost retained roughly 524 net shares from the vesting.
Key Details
- Transaction date: 2026-03-24 (reported on Form 4 filed 2026-03-26) — filed timely within the usual 2-business-day window.
- Award acquired: 43,091 shares (PSU vesting).
- Shares withheld for taxes (dispositions): 21,201 @ $247.44 = $5,245,975 and 21,366 @ $247.44 = $5,286,803; total ≈ $10,532,778.
- Net shares retained from the vesting: 43,091 − 42,567 = ~524 shares.
- Footnotes: F1 = shares withheld to cover taxes; F3 = 43,091 PSUs vested on attainment 03/24/2026; F2 notes total beneficial ownership includes 32,582 unvested RSUs.
- These dispositions are tax-withholding actions, not open-market sales.
Context
- PSUs vest based on performance targets; the filing shows vesting on achievement rather than a market purchase or voluntary sale. Withholding of shares to pay taxes is a routine administrative step and should not be interpreted as a deliberate sale signaling sentiment.
- The filing reports an award event plus tax-related dispositions (transaction code A for award, F for tax withholding).