Cadence Design Systems (CDNS) director sells shares under 10b5-1 trading plan
Rhea-AI Filing Summary
Cadence Design Systems director reports preplanned stock sales. A board member of Cadence Design Systems Inc. sold small blocks of common stock on 12/10/2025 under a Rule 10b5-1 trading plan adopted on 12/12/2024. The reported transactions include sales such as 64 shares at a weighted average price of $337.0993 and 41 shares at $338.09, with underlying trades occurring within disclosed price ranges from $333.465 to $340.35. Following these sales, the reporting person beneficially owned 7,650 shares of Cadence Design Systems common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7 | $334.0221 | $2K |
| Sale | Common Stock | 4 | $334.9038 | $1K |
| Sale | Common Stock | 31 | $336.1531 | $10K |
| Sale | Common Stock | 64 | $337.0993 | $22K |
| Sale | Common Stock | 41 | $338.09 | $14K |
| Sale | Common Stock | 17 | $339.2118 | $6K |
| Sale | Common Stock | 10 | $340.017 | $3K |
| Sale | Common Stock | 6 | $340.8783 | $2K |
Footnotes (1)
- The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 12/12/2024 by the Reporting Person. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $333.465 to $334.440, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $334.52 to $335.33, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $335.65 to $336.58, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $336.66 to $337.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $337.685 to $338.619, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $338.68 to $339.60, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $339.75 to $340.35, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What insider transaction did Cadence Design Systems (CDNS) report in this filing?
The filing reports that a director of Cadence Design Systems Inc. sold small amounts of common stock on 12/10/2025 in several separate transactions.
Who is the reporting person in the Cadence Design Systems (CDNS) Form 4?
The signature block identifies Ita M. Brennan as the reporting person, with the form signed by Ahalya Hildreth acting as Attorney-in-Fact for Ita M. Brennan.
Was the Cadence Design Systems (CDNS) insider trading under a Rule 10b5-1 plan?
Yes. A footnote explains that the transactions were effected pursuant to a Rule 10b5-1 Trading Plan adopted on 12/12/2024 by the reporting person.