STOCK TITAN

Cadence Design Systems (CDNS) SVP sale leaves him with 31,720 shares

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

CADENCE DESIGN SYSTEMS INC (CDNS) reported that Sr. Vice President Paul Scannell sold common stock in an open-market transaction. On 2026-08-26, he sold 280 shares at $339.00 per share. After this trade, he directly held 31,720 shares. The sale was effected under a pre-arranged Rule 10b5-1 Trading Plan adopted on 9/9/2025.

Positive

  • None.

Negative

  • None.
Insider Scannell Paul
Role Sr. Vice President
Sold 280 shs ($95K)
Type Security Shares Price Value
Sale Common Stock F1 280 $339.00 $95K
Holdings After Transaction: Common Stock — 31,720 shares (Direct)
Footnotes (1)
  1. F1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 9/9/2025 by the Reporting Person.
Shares sold 280 shares Open-market sale of CDNS common stock on 2026-08-26
Sale price per share $339.00 per share Price for the 280 CDNS shares sold on 2026-08-26
Shares owned after transaction 31,720 shares Direct holdings of Paul Scannell following the sale
Rule 10b5-1 Trading Plan adoption date 9/9/2025 Plan under which the reported sale was effected
Form 4 regulatory
"The transaction reported in this Form 4 was effected pursuant"
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.
Rule 10b5-1 Trading Plan regulatory
"was effected pursuant to a Rule 10b5-1 Trading Plan adopted"
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.
Sr. Vice President other
"officer_title": "Sr. Vice President""

FAQ

What insider transaction did CDNS report for Paul Scannell?

CDNS reported that Sr. Vice President Paul Scannell sold 280 shares of common stock on 2026-08-26 at $339.00 per share in an open-market transaction, as disclosed in a Form 4 filing.

How many CDNS shares did Paul Scannell sell and at what price?

Paul Scannell sold 280 shares of CADENCE DESIGN SYSTEMS INC (CDNS) common stock at a price of $339.00 per share on 2026-08-26, according to the Form 4.

How many CDNS shares does Paul Scannell hold after this Form 4 transaction?

Following the reported sale, Paul Scannell directly holds 31,720 shares of CADENCE DESIGN SYSTEMS INC (CDNS) common stock, as stated in the Form 4 filing.

Was the CDNS insider sale by Paul Scannell under a Rule 10b5-1 plan?

Yes. The Form 4 footnote states the transaction was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 9/9/2025 by the reporting person.

Is the Paul Scannell CDNS transaction a buy or a sell?

It is a sale transaction. The Form 4 reports code “S” for a sale in an open market or private transaction, with 280 shares sold at $339.00 per share.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Scannell Paul

(Last)(First)(Middle)
2655 SEELY AVENUE, BLDG. 5

(Street)
SAN JOSE CALIFORNIA 95134

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CADENCE DESIGN SYSTEMS INC [ CDNS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/26/2026S280(1)D$33931,720D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 9/9/2025 by the Reporting Person.
Remarks:
/s/ Ahalya Hildreth, Attorney-in-Fact for Paul Scannell08/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)