EVP/COO Blum sells 22,420 shares of ADSK for $7,258,475.52 in 4 separate transactions at $322.51–$325.03
Steven M Blum, EVP and Chief Operating Officer, executed 4 separate sales totaling 22,420 shares for $7,258,475.52 on 2025-09-05, reducing his holdings from 35,519 shares to 13,099 shares (a -63.1% reduction in stake). The sales occurred at prices ranging from $322.51 to $325.03, with a blended average of $323.75, near the current price of $325.19. His prior three sales at ADSK all returned positively over 90 days (ranging +7.6% to +14.6%), indicating these historical exits proved poorly timed — the stock continued rising after each sale. The current timing arrives as the stock sits -0.5% from its 52-week high of $326.79 and has gained 11.9% over the last 30 days, suggesting a sale near a peak. This material reduction of executive equity stake warrants investor attention to understand whether it reflects portfolio rebalancing or signals management's near-term outlook on valuation.