Autodesk, Inc.·4

Mar 26, 6:16 PM ET

Keene Ruth Ann 4

Research Summary

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Autodesk (ADSK) EVP Keene Ruth Ann Receives PSU Award; Shares Withheld

What Happened
Keene Ruth Ann, EVP, Corporate Affairs and CLO of Autodesk, received 7,751 shares when a Performance Stock Unit (PSU) award vested on March 24, 2026 (reported on Form 4 filed 03/26/2026). To cover tax withholding, two dispositions occurred that same day: 3,173 shares sold at $247.44 each for $785,127, and 3,855 shares sold at $247.44 each for $953,881. The award was reported as an acquisition at $0.00 (A) and the share dispositions were reported as withholding to cover taxes (F).

Key Details

  • Transaction date: 2026-03-24; Form 4 filed 2026-03-26 (appears timely).
  • Acquisition: 7,751 shares (PSU vesting) reported at $0.00 (code A).
  • Withheld/disposed: 3,173 shares @ $247.44 = $785,127 (code F); 3,855 shares @ $247.44 = $953,881 (code F). Total withholding value = $1,739,008.
  • Net shares retained from the vesting: 7,751 acquired − 7,028 withheld = +723 shares net.
  • Footnotes: F1 = shares withheld to cover taxes; F3 = 7,751 PSUs vested on attainment 03/24/2026; F2 notes 5,459 unvested Restricted Stock Units are included in beneficial ownership.
  • Filing timeliness: Reported two days after the transaction date (within the typical Form 4 window).

Context
This was an award/vesting event (not an open-market purchase or a voluntary sale). PSUs vest on performance; the filing shows the award was settled in shares and portions were withheld to meet tax obligations — a routine administrative step that reduces the net share increase. For retail investors, purchases signal direct insider buying interest; vesting awards are common compensation events and do not, by themselves, indicate a change in insider sentiment.