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Cadence Design Systems director proposes $438K sale

The notice also reports a prior sale of 1,250 shares on August 25, 2026, valued at $401,095.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Cadence Design Systems Inc. (CDNS) director Alberto Sangiovanni Vincentelli gave notice of a proposed sale of 1,250 common shares held in the Alberto Sangiovanni-Vincentelli Trust, with an aggregate market value of $437,590 and an approximate sale date of October 1, 2026, through Charles Schwab & Co., Inc. The shares are listed as acquired through a restricted stock lapse on February 9, 2016. The notice also reports 1,250 shares sold during the prior three months, on August 25, 2026, with an aggregate market value of $401,095.

Proposed shares for sale 1,250 shares Common shares held in the Alberto Sangiovanni-Vincentelli Trust
Aggregate market value $437,590 Proposed sale
Approximate sale date October 1, 2026 Proposed sale
Prior shares sold 1,250 shares Sale reported for August 25, 2026, during the prior three months
Prior sale aggregate market value $401,095 Sale reported for August 25, 2026
Issuer shares outstanding 275,393,000 shares Shares outstanding listed in the notice
Rule 144 regulatory
"paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Lapse financial
"Restricted Stock Lapse"
aggregate market value financial
"aggregate market value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CDNS shares did Alberto Sangiovanni Vincentelli propose to sell?

Alberto Sangiovanni Vincentelli gave notice of a proposed sale of 1,250 CDNS common shares, with an aggregate market value of $437,590 and an approximate sale date of October 1, 2026. The shares are held in the Alberto Sangiovanni-Vincentelli Trust.

What prior CDNS share sale did Alberto Sangiovanni Vincentelli report?

The notice reports 1,250 shares sold on August 25, 2026, with an aggregate market value of $401,095, during the prior three months.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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