Cadence Design Systems (CDNS) SVP sale leaves him with 31,720 shares
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 Trade Summary 10b5-1
Net Seller: 280 shares
Net Sell
1 txn
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)
- 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.
Key Figures
Shares sold: 280 shares
Sale price per share: $339.00 per share
Shares owned after transaction: 31,720 shares
+1 more
4 metrics
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
Key Terms
Form 4, Rule 10b5-1 Trading Plan, Sr. Vice President
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.