Cadence (CDNS) Sr. VP trades 1,000 shares at $295.09 in 10b5-1 sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cadence Design Systems Sr. Vice President Paul Cunningham reported a pre-planned stock sale. On 02/02/2026, he sold 1,000 shares of Cadence common stock at $295.09 per share under a Rule 10b5-1 trading plan adopted on 03/14/2025.
After this transaction, Cunningham beneficially owns 95,137 Cadence shares directly, which includes 70 shares acquired through the Employee Stock Purchase Plan on January 30, 2026. This filing reflects a routine insider transaction executed pursuant to an established trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($295,090)
Net Sell
1 txn
Insider
Cunningham Paul
Role
Sr. Vice President
Sold
1,000 shs ($295K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $295.09 | $295K |
Holdings After Transaction:
Common Stock — 95,137 shares (Direct)
Footnotes (1)
- The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 3/14/2025 by the Reporting Person. Amount of securities beneficially owned includes 70 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 30, 2026.
FAQ
What insider transaction did Cadence Design Systems (CDNS) report for Paul Cunningham?
Cadence Design Systems reported that Sr. Vice President Paul Cunningham sold 1,000 shares of common stock. The sale occurred on February 2, 2026, at a price of $295.09 per share under a pre-established Rule 10b5-1 trading plan adopted on March 14, 2025.
Was the Cadence (CDNS) insider sale by Paul Cunningham under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Paul Cunningham on March 14, 2025. Such plans allow preset trading instructions, helping insiders trade shares according to predetermined parameters rather than discretionary timing decisions.
What is Paul Cunningham’s role at Cadence Design Systems (CDNS) according to the filing?
According to the Form 4, Paul Cunningham is an officer of Cadence Design Systems serving as Sr. Vice President. He is not listed as a director or 10% owner, and the form is filed as an individual reporting person rather than a joint or group filing.