Form 4: Cadence Design Systems Executive Sells Shares Under 10b5-1 Trading Plan

Paul Cunningham, a Senior Vice President at Cadence Design Systems, sold 650 shares of common stock at $303 per share on May 1, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Paul Cunningham, a Senior Vice President at Cadence Design Systems, filed a Form 4 indicating a change in beneficial ownership.
• On May 1, 2025, Cunningham sold 650 shares of Cadence Design Systems common stock at a price of $303 per share.
• The sale was executed under a Rule 10b5-1 trading plan adopted on March 12, 2024.
• Following the transaction, Cunningham directly owns 108,149 shares of Cadence Design Systems common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to a stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by executives are a normal part of corporate activity. The use of a 10b5-1 trading plan suggests the executive is selling shares in a pre-planned manner to avoid accusations of insider trading.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, but the use of a 10b5-1 plan suggests it was pre-planned and not based on inside information.

Key Dates

Keywords

Form 4, Beneficial Ownership, Cadence Design Systems, CDNS, Paul Cunningham, 10b5-1 Trading Plan, Stock Sale