Cadence (NASDAQ: CDNS) CFO pre-planned sale of 5,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CADENCE DESIGN SYSTEMS INC Sr. VP & CFO John M. Wall sold 5,000 shares of common stock in open-market transactions. The trades occurred on May 5, 2026 at prices reported in weighted averages, with underlying sale prices ranging from $346.16 to $351.42. The filing states these transactions were executed under a previously adopted Rule 10b5-1 Trading Plan, indicating they were pre-scheduled rather than discretionary market-timed sales.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares ($1,743,564)
Net Sell
5 txns
Insider
WALL JOHN M
Role
Sr. VP & CFO
Sold
5,000 shs ($1.74M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 412 | $346.68 | $143K |
| Sale | Common Stock | 1,021 | $347.75 | $355K |
| Sale | Common Stock | 1,907 | $348.68 | $665K |
| Sale | Common Stock | 1,280 | $349.41 | $447K |
| Sale | Common Stock | 380 | $351.32 | $134K |
Holdings After Transaction:
Common Stock — 86,463 shares (Direct, null)
Footnotes (1)
- The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 5/6/2025 by the Reporting Person. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $346.16 to $347.11, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $347.175 to $348.16, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $348.18 to $349.13, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $349.21 to $349.70, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $350.955 to $351.42, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 5,000 shares
Lowest sale price range: $346.16–$347.11
Highest sale price range: $350.955–$351.42
+2 more
5 metrics
Shares sold
5,000 shares
Total common stock sold by CFO on May 5, 2026
Lowest sale price range
$346.16–$347.11
Price range for one set of weighted-average sales
Highest sale price range
$350.955–$351.42
Price range for another set of weighted-average sales
Rule 10b5-1 plan adoption date
May 6, 2025
Date CFO’s trading plan was adopted
Individual reported sale prices
$351.32, $349.41, $348.68, $347.75, $346.68
Weighted-average prices for each transaction line
Key Terms
Rule 10b5-1 Trading Plan, weighted average price, open-market sale, non-derivative, +1 more
5 terms
Rule 10b5-1 Trading Plan regulatory
"The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 5/6/2025"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
non-derivative financial
"transaction_type": "non-derivative""
Form 4 regulatory
"The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did CADENCE DESIGN SYSTEMS (CDNS) CFO John M. Wall report on this Form 4?
He reported selling 5,000 shares of Cadence common stock in open-market transactions. The trades took place on May 5, 2026, and were executed under a previously adopted Rule 10b5-1 trading plan, indicating the sales were pre-scheduled rather than discretionary.
Were the CADENCE DESIGN SYSTEMS (CDNS) CFO’s stock sales made under a Rule 10b5-1 trading plan?
Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 Trading Plan adopted on May 6, 2025. Such plans allow executives to pre-schedule trades, reducing the likelihood that sales reflect short-term views on the stock’s future performance.
What type of transactions did CADENCE DESIGN SYSTEMS (CDNS) disclose for its CFO on this date?
The Form 4 reports non-derivative transactions in Cadence common stock coded as “S” for open-market or private sales. All five line items are classified as open-market sales, with no option exercises, gifts, or tax-withholding entries reported in the transaction summary.
Did the CADENCE DESIGN SYSTEMS (CDNS) CFO trade any derivatives in this Form 4 filing?
No derivatives are shown in this Form 4. The derivativeSummary section is empty and the transaction summary lists zero derivative transactions, indicating only direct common stock sales were reported for the May 5, 2026 trading activity.