Form 4: Cadence Design Systems Senior VP Executes Pre-Planned Stock Sale

Paul Cunningham, Senior Vice President at Cadence Design Systems Inc. (CDNS), sold 1,000 shares of common stock for $302 per share as part of a pre-arranged Rule 10b5-1 trading plan.

Summary

• Paul Cunningham, Sr. Vice President of Cadence Design Systems Inc. (CDNS), reported a transaction involving the sale of company common stock.
• On June 13, 2025, Mr. Cunningham disposed of 1,000 shares of Cadence Design Systems common stock.
• The shares were sold at a price of $302 per share.
• Following this transaction, Mr. Cunningham beneficially owns 106,499 shares of common stock.
• The transaction was executed pursuant to a Rule 10b5-1 Trading Plan, which was adopted by Mr. Cunningham on March 14, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While it's an insider sale, it was conducted under a Rule 10b5-1 plan, indicating a pre-scheduled transaction for personal financial planning rather than a reaction to new company-specific information.

Negatives

• An insider sale, even if pre-planned, can sometimes be perceived by investors as a lack of confidence, though the Rule 10b5-1 plan mitigates this concern.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in insider ownership, but its pre-planned nature under Rule 10b5-1 suggests it is a routine liquidity event rather than a signal of negative company prospects, thus having minimal impact on shareholder confidence.

Key Dates

Keywords

Cadence Design Systems, CDNS, SEC Form 4, Insider Trading, Stock Sale, Rule 10b5-1 Plan, Paul Cunningham, Executive Compensation