Cadence Design Systems (CDNS) CFO sells 21,500 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cadence Design Systems Inc senior vice president and CFO John M. Wall reported an open-market sale of common stock. On April 16, 2026, he sold 21,500 shares at an average price of $309.45 per share. After this transaction, he directly holds 86,875 shares of Cadence common stock. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan, indicating the transaction had been scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 21,500 shares ($6,653,175)
Net Sell
1 txn
Insider
WALL JOHN M
Role
Sr. VP & CFO
Sold
21,500 shs ($6.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 21,500 | $309.45 | $6.65M |
Holdings After Transaction:
Common Stock — 86,875 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 21,500 shares
Sale price per share: $309.45 per share
Shares held after transaction: 86,875 shares
+2 more
5 metrics
Shares sold
21,500 shares
Open-market sale of common stock on April 16, 2026
Sale price per share
$309.45 per share
Average price for the 21,500 shares sold
Shares held after transaction
86,875 shares
Direct ownership by CFO after the sale
Transaction code
S
Sale in open market or private transaction
Trading plan type
Rule 10b5-1 trading plan
Plan under which the transaction was effected
Key Terms
Rule 10b5-1 Trading Plan, open-market sale, Section 16, Common Stock
4 terms
Rule 10b5-1 Trading Plan regulatory
"The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Section 16 regulatory
"INSIDER FILING DATA (Form 4)"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CDNS CFO John M. Wall report?
John M. Wall, CFO of Cadence Design Systems (CDNS), reported an open-market sale of 21,500 shares of common stock at $309.45 per share. This Section 16 filing discloses his most recent equity disposition as an executive officer.
Was the CDNS CFO’s stock sale under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-schedule trades, reducing the significance of short-term market timing for this sale.
When did the CDNS insider transaction take place?
The insider transaction occurred on April 16, 2026, according to the Form 4. That date reflects when the 21,500 Cadence Design Systems common shares were sold in the open market under the previously adopted trading plan.