Form 4: Cadence Design Systems Executive Sells Shares

Senior Vice President Paul Scannell sold 10,500 shares of Cadence Design Systems common stock via a pre-arranged trading plan.

Summary

• Paul Scannell, Senior Vice President at Cadence Design Systems, sold 10,500 shares of common stock.
• The transaction occurred on May 1, 2026, at a price of $339 per share.
• The sale was executed under a Rule 10b5-1 trading plan adopted on September 9, 2025.
• Following the transaction, the reporting person retains 33,946 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a standard divestment of equity by an executive.

Positives

• The sale was conducted under a pre-established Rule 10b5-1 plan, which is a standard mechanism for executives to sell shares without triggering insider trading concerns.

Negatives

• The transaction represents a reduction in the executive's direct equity stake in the company.

Risks

• None identified in this filing.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that routine insider selling under 10b5-1 plans is common practice among senior executives at major technology firms and typically does not signal a change in company fundamentals.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for corporate officers to manage personal liquidity while maintaining regulatory compliance.

Stakeholder Impact

• Minimal impact on shareholders as the sale was executed via a pre-planned trading program.

Next Steps

• None mentioned.

Key Dates

Keywords

Cadence Design Systems, CDNS, Insider Trading, Form 4, Stock Sale, Rule 10b5-1