Form 4: Cadence Design Systems Director James D. Plummer Sells Shares

Director James D. Plummer of Cadence Design Systems Inc. reports the sale of 868 shares of common stock at a price of $319.9482 on May 16, 2025.

Summary

• On May 16, 2025, James D. Plummer, a director of Cadence Design Systems Inc. (CDNS), sold 868 shares of common stock.
• The sale price was $319.9482 per share.
• Following the transaction, Plummer directly owns 3,185 shares and indirectly owns 23,996 shares through the Plummer Family Trust.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This is a routine disclosure of an insider transaction. It's common for directors and officers to periodically buy or sell shares of their company's stock. The impact on the stock price is usually minimal unless the transaction is unusually large or part of a broader trend.

Stakeholder Impact

• The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.

Key Dates

Keywords

Form 4, insider trading, stock sale, CDNS, Cadence Design Systems, Plummer, director