Autodesk Files Proxy Statement

TL;DR

Autodesk filed its proxy statement, get ready for shareholder votes.

AI Summary

Autodesk, Inc. filed a DEFA14A on March 26, 2025, indicating it is soliciting material under Rule 14a-12. The filing was made by the registrant, Autodesk, Inc., and no filing fee was required. The company's principal executive offices are located at One Market, Suite 400, San Francisco, CA 94105.

Why It Matters

This filing is a routine proxy statement, indicating that Autodesk is preparing for shareholder meetings or actions requiring shareholder approval, which could impact corporate governance and strategic decisions.

Risk Assessment

Risk Level: low — This is a standard regulatory filing for a public company and does not inherently present new risks.

Key Players & Entities

• Autodesk, Inc. (company) — Registrant
• 240.14a-12 (regulation) — Rule under which soliciting material is filed
• 0000769397 (company_id) — Central Index Key
• 942819853 (ein) — Employer Identification Number
• DE (state) — State of Incorporation
• 0131 (fiscal_year) — Fiscal Year End
• 000-14338 (sec_file_number) — SEC File Number
• 25773122 (film_number) — Film Number
• One Market, Ste. 400 (address) — Business and Mail Address
• San Francisco (city) — Business and Mail City

FAQ

From the Filing

0001013762-25-002710.txt : 20250326 0001013762-25-002710.hdr.sgml : 20250326 20250326160417 ACCESSION NUMBER: 0001013762-25-002710 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20250326 DATE AS OF CHANGE: 20250326 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Autodesk, Inc. CENTRAL INDEX KEY: 0000769397 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology EIN: 942819853 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-14338 FILM NUMBER: 25773122 BUSINESS ADDRESS: STREET 1: ONE MARKET, STE. 400. CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 4155075000 MAIL ADDRESS: STREET 1: ONE MARKET, STE. 400. CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: AUTODESK INC DATE OF NAME CHANGE: 19920703 DEFA14A 1 ea0235771-defa14a_autodesk.htm SOLICITING MATERIAL PURSUANT TO 240.14A-12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒ Filed by a party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Definitive Proxy Statement ☐ Definitive Additional Materials ☒ Soliciting Material Pursuant to §240.14a-12 AUTODESK, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): ☒ No fee required. ☐ Fee paid previously with preliminary materials. ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. Item 1: On March 25, 2025, President and CEO of Autodesk, Inc. (“Autodesk”), Andrew Anagnost, appeared on the television program FOX Business; The Claman Countdown and provided the following commentary regarding Starboard Value LP: Liz Claman : I sense your enthusiasm, and you’re convincing me, definitely. You’re not convincing an activist investor, Starboard. Twice now, last year, and then in January, they have come in and said, “You know what, we are taking” – I think it’s like a $500 million stake. Meantime, your market cap is more like $56 billion. So, I don’t know how it doesn’t seem like that much – but they say that your margins, that you guys spend too much, and your margins aren’t wide enough. So where does that stand? They particularly have taken aim at you, and they want to change the board. How do you see this? Have you talked to them? And I know that you are very fastidious about board refreshment, that you refresh your board as well, but tell me exactly where that stands? Andrew Anagnost : It’s great question. We engage with all our investors actively, and we’ve engaged with Starboard actively, and we’ve reached out to them on numerous things. Here’s the funny thing here, because we agree with them! We know our margins need to be better. Matter of fact, a year and a half ago, when we began this journey of changing the way we interacted with our partners – from Buy/Sell models to basically commissioner agency models – we built out plans to do exactly that that we’re executing on now. So, we’re delivering the free cash flow buildup we said we would, and we’re delivering the optimizations that lead to the margin expansion. So, we actually agree with them, and we opened up the tent with Starboard to come in and work with us on one of our latest board refreshes. They chose not to. They’ve chosen to take a different path. But the fundamental thing here is we listen to our investors, we’ve talk