CDNS Form 144: RSU Holder Files to Sell 180 Shares via J.P. Morgan
Rhea-AI Filing Summary
Cadence Design Systems (CDNS) filing a Form 144 notifies a proposed sale of 180 common shares through J.P. Morgan Securities LLC on or about 09/10/2025. The shares were acquired as RSU vesting on 05/04/2023 and the aggregate market value of the proposed sale is listed as $62,730. The filing shows 242,490,000 shares outstanding for the issuer. The filer certifies they are unaware of undisclosed material adverse information and notes no other sales in the past three months.
Positive
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Negative
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Insights
TL;DR: Insider intends to sell a small block of RSU shares via an institutional broker; size appears immaterial to the company.
The Form 144 discloses a planned sale of 180 common shares through J.P. Morgan Securities with an aggregate market value of $62,730. The shares were acquired on 05/04/2023 via RSU vesting. Given the issuer's reported outstanding share count of 242,490,000, this transaction represents an extremely small fraction of outstanding equity, suggesting limited market impact. The filer affirms no undisclosed material adverse information and reports no sales in the past three months.
TL;DR: Routine insider selling disclosure consistent with compliance; signature attests to absence of undisclosed material facts.
The filing follows Rule 144 disclosure requirements, identifying the nature of acquisition (RSU vest) and sale mechanics (broker, approximate date). The included attestation and signature reminder about material information and 10b5-1 planning language align with standard governance and insider trading controls. No indications in this filing of unusual timing or related-party complexity.