Form 4: Cadence Design Systems Inc. Executive Paul Cunningham Reports Stock Sale
SEC Form 4 Filing
Senior Vice President Paul Cunningham of Cadence Design Systems Inc. reports selling 650 shares of common stock at a price of $252.73 per share.
Summary
- On March 3, 2025, Paul Cunningham, a Senior Vice President at Cadence Design Systems Inc., sold 650 shares of common stock.
- The sale was executed at a price of $252.73 per share.
- Following the transaction, Cunningham directly owns 58,123 shares of Cadence Design Systems Inc.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 12, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of an insider transaction under a pre-existing trading plan.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small sale by an executive under a pre-arranged trading plan.
Key Dates
| Date | Description |
|---|---|
| 2024-03-12 | Date of adoption of Rule 10b5-1 Trading Plan |
| 2025-03-03 | Date of stock sale transaction |
| 2025-03-05 | Date of Form 4 filing |
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