Form 4: Cadence Design Systems Executive Stock Sale

Senior Vice President Paul Scannell exercised stock options and sold 7,081 shares of Cadence Design Systems common stock.

Summary

• Paul Scannell, Senior Vice President at Cadence Design Systems, exercised options for 7,081 shares at a price of $285.19 per share.
• Following the exercise, the reporting person sold the same 7,081 shares at a market price of $393.91 per share.
• The transactions were executed on June 1, 2026, pursuant to a Rule 10b5-1 trading plan adopted on September 9, 2025.
• The reporting person's direct beneficial ownership in the company stands at 32,181 shares following these transactions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted under a pre-established 10b5-1 plan, which is a routine administrative action for corporate executives.

Positives

• The transaction was pre-planned under a Rule 10b5-1 trading plan, indicating the sale was not based on non-public information.

Negatives

• The transaction represents a divestment of equity by a senior member of the management team.

Risks

• None identified in this specific filing.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that routine insider selling via 10b5-1 plans is standard practice for executives at large-cap technology firms like Cadence Design Systems and generally 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 equity compensation while avoiding potential insider trading concerns.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was pre-planned and represents a small portion of the executive's total holdings.

Next Steps

• No future actions or milestones mentioned.

Key Dates

Keywords

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