Cadence Design (NASDAQ: CDNS) director sells 1,250 shares
Rhea-AI Filing Summary
CADENCE DESIGN SYSTEMS INC (CDNS) director Alberto Sangiovanni-Vincentelli reported selling a total of 1,250 shares of common stock on August 25, 2026 in five open-market transactions. The weighted average prices ranged from about $317.70 to $324.93, and all sales were effected under a Rule 10b5-1 Trading Plan adopted on May 12, 2026.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 1,250 shares
Net Sell
5 txns
Insider
SANGIOVANNI VINCENTELLI ALBERTO
Role
Director
Sold
1,250 shs ($401K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 280 | $318.3329 | $89K |
| Sale | Common Stock F1 | 240 | $319.31 | $77K |
| Sale | Common Stock F1, F3 | 380 | $321.1624 | $122K |
| Sale | Common Stock F1, F4 | 309 | $323.5405 | $100K |
| Sale | Common Stock F1, F5 | 41 | $324.6637 | $13K |
Holdings After Transaction:
Common Stock — 40,794 shares (Direct)
Footnotes (5)
- F1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 5/12/2026 by the Reporting Person.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $317.695 to $318.535, 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.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $320.97 to $321.185, 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.
- F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $323.13 to $323.97, 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.
- F5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $324.41 to $324.93, 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
Total shares sold: 1,250 shares
First transaction: 280 shares at $318.3329 per share
Second transaction: 240 shares at $319.3100 per share
+4 more
7 metrics
Total shares sold
1,250 shares
Aggregate common stock sales on August 25, 2026
First transaction
280 shares at $318.3329 per share
Weighted average price; trades from $317.695 to $318.535
Second transaction
240 shares at $319.3100 per share
Common stock sale on August 25, 2026
Third transaction
380 shares at $321.1624 per share
Weighted average price; trades from $320.97 to $321.185
Fourth transaction
309 shares at $323.5405 per share
Weighted average price; trades from $323.13 to $323.97
Fifth transaction
41 shares at $324.6637 per share
Weighted average price; trades from $324.41 to $324.93
Rule 10b5-1 plan adoption date
May 12, 2026
Adoption date of trading plan governing these sales
Key Terms
Rule 10b5-1 Trading Plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 Trading Plan regulatory
"was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 5/12/2026"
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 or private transaction financial
"transaction code description: Sale in open market or private transaction"
FAQ
What did the CDNS insider Alberto Sangiovanni-Vincentelli report in this Form 4?
He reported selling 1,250 shares of Cadence Design Systems common stock on August 25, 2026 in a series of open-market transactions, pursuant to a Rule 10b5-1 Trading Plan previously adopted.
Was the CDNS insider trading done under a Rule 10b5-1 plan?
Yes. The filing states that the transactions were effected pursuant to a Rule 10b5-1 Trading Plan adopted on May 12, 2026 by the reporting person.
What is the role of Alberto Sangiovanni-Vincentelli at CDNS?
He is identified as a director of Cadence Design Systems Inc. in the Form 4 reporting these stock sales.
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