Cadence Design Systems (CDNS) SVP reports Rule 10b5-1 stock sales
Rhea-AI Filing Summary
Cadence Design Systems senior vice president Paul Scannell reported sales of company common stock under a prearranged Rule 10b5-1 trading plan. On 12/10/2025, he sold 4,731 shares of common stock at a weighted average price of $339.3285 per share and an additional 759 shares at a weighted average price of $340.0942, with each transaction coded "S" for sale. Following these transactions, he directly beneficially owned 20,321 shares of Cadence Design Systems common stock.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,731 | $339.3285 | $1.61M |
| Sale | Common Stock | 759 | $340.0942 | $258K |
Footnotes (1)
- The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 9/9/2025 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 $339.00 to $339.71, 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 $340.00 to $340.14, 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 stock sales did Cadence Design Systems (CDNS) report in this filing?
The filing shows that senior vice president Paul Scannell sold 4,731 shares of Cadence Design Systems common stock at a weighted average price of $339.3285 per share and an additional 759 shares at a weighted average price of $340.0942 on 12/10/2025, with both transactions coded as sales.
Who is the reporting person in the Cadence Design Systems (CDNS) insider transaction?
The reporting person is Paul Scannell, who is identified as an officer of Cadence Design Systems with the title Sr. Vice President.
When did the Cadence Design Systems (CDNS) insider trades occur and under what plan?
The trades occurred on 12/10/2025 and were effected pursuant to a Rule 10b5-1 Trading Plan that was adopted on 9/9/2025 by the reporting person.
Is this Cadence Design Systems (CDNS) insider filing made by more than one reporting person?
No. The filing indicates that it is a Form filed by one reporting person, not a joint or group filing.