Form 4: Cadence Design Systems President Sells Shares
Insider Transaction (Form 4)
Paul Scannell, Sr. Vice President of Cadence Design Systems Inc, sold 280 shares of common stock on August 26, 2026 for $339.00 per share.
Summary
- Open-market sale: disposed of 280 Common Stock at $339.00 ($94,920) on August 26, 2026; holds 31,720 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $94,920 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Paul Scannell — Officer (Sr. Vice President)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-26 | Open-market sale | Common Stock | 280 | $339 | $94.9K | 31,720 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-26 | Open-market sale (280 shares) |
Keywords
insider transaction, Form 4, CDNS, CADENCE DESIGN SYSTEMS INC, bearish, Paul Scannell
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