CDNS.NASDAQCadence Design Systems INC
Form 4: Cadence Design Systems Director, Mary L Krakauer, Acquires Shares
Sentiment:
SEC Form 4 Filing
Director Mary L Krakauer acquired 868 shares of Cadence Design Systems on May 2, 2024.
Summary
- On May 2, 2024, Mary L Krakauer, a director of Cadence Design Systems Inc., acquired 868 shares of common stock.
- The shares were acquired at a price of $0.
- Following the transaction, Krakauer directly owns 3,500 shares of Cadence Design Systems Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing of an insider transaction.
Positives
- A director increasing their holdings in the company can be seen as a positive signal.
Industry Context
Insider transactions are routinely monitored to gauge executive sentiment and confidence in the company's prospects.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of transaction: Mary L Krakauer acquired shares of Cadence Design Systems Inc. |
| 05/06/2024 | Date of signature: Ahalya Hildreth, Attorney-in-Fact for Mary Louise Krakauer, signed the document. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.