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AI brief of an SEC Form 8-K · Autodesk (ADSK)

Autodesk adds two directors under cooperation deal with activist Starboard Value

Neutral Impact 3 of 5 shareholder Written later

Autodesk entered a cooperation agreement with Starboard Value and its affiliates on April 23, 2025. Jeff Epstein and Anna Christine Simons join the board as non-voting observers and become voting directors after the June 18, 2025 annual meeting, and Starboard withdraws its March 20, 2025 director nominations. The agreement gives shareholders a settled board line-up for the 2025 annual meeting, with Starboard bound by voting and standstill terms.

Key points

  • Epstein and Simons will be appointed to the board immediately after the June 18, 2025 annual meeting and serve as non-voting observers until then.
  • Starboard withdraws its March 20, 2025 letter nominating director candidates and agrees to vote for board nominees, subject to limited exceptions.
  • Starboard agrees to a standstill period, and Autodesk will reimburse its reasonable documented fees and expenses from August 1, 2024.

The filing

CompanyAutodesk (ADSK)
Form8-K, current report
Filed with the SECApr 24, 2025, 8:04 AM ET
Accession number0000769397-25-000051

Items reported: 1.01 Material Definitive Agreement5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 24, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.