Form 4: Cadence Design Systems Director, Lewis Chew, Acquires 779 Shares of Common Stock
SEC Form 4 Filing
Director Lewis Chew acquired 779 shares of Cadence Design Systems common stock on May 8, 2025, at $0 per share.
Summary
- On May 8, 2025, Lewis Chew, a director of Cadence Design Systems Inc., acquired 779 shares of common stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Chew directly owns 8,417 shares of Cadence Design Systems Inc.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a standard disclosure of insider trading activity. The acquisition itself could be seen as slightly positive, but the document is primarily informational.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: Lewis Chew acquired 779 shares of common stock. |
| 05/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Cadence Design Systems, CDNS, Lewis Chew, Director, Stock Acquisition, SEC Filing
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