Form 4: Cadence Design Systems SVP Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Cadence Design Systems' Senior Vice President, Paul Cunningham, sold 1,000 shares of common stock for $312.64 per share, as part of a pre-arranged 10b5-1 trading plan.
Summary
- Paul Cunningham, Senior Vice President of Cadence Design Systems Inc. (CDNS), reported a transaction involving the company's common stock.
- The transaction occurred on December 1, 2025, and involved the disposition (sale) of 1,000 shares.
- Each share was sold at a price of $312.64.
- Following this transaction, Paul Cunningham beneficially owns 97,067 shares of common stock directly.
- The sale 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 transaction is a pre-scheduled sale under a Rule 10b5-1 trading plan, which typically indicates a neutral sentiment as it is not a discretionary sale based on new information.
Stakeholder Impact
- Shareholders: A routine insider sale under a 10b5-1 plan is generally not considered a significant signal of management's view on future stock performance, thus the direct impact on shareholders is minimal.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date Rule 10b5-1 Trading Plan was adopted by Paul Cunningham. |
| 12/01/2025 | Date of transaction (sale of common stock). |
| 12/03/2025 | Date the Form 4 was signed and filed. |
Keywords
Cadence Design Systems, CDNS, Insider Trading, Form 4, Stock Sale, Paul Cunningham, 10b5-1 Plan
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