Cunningham Paul 4
4 · CADENCE DESIGN SYSTEMS INC · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Cadence (CDNS) SVP Paul Cunningham Sells 1,000 Shares
What Happened
Paul Cunningham, Senior Vice President at Cadence Design Systems (CDNS), sold 1,000 shares on February 2, 2026 at $295.09 per share, generating proceeds of $295,090. The filing reports the sale was effected under a Rule 10b5‑1 trading plan.
Key Details
- Transaction type: Sale (S), open-market transaction executed pursuant to a Rule 10b5‑1 plan (adopted 3/14/2025).
- Date & price: 2026-02-02 at $295.09 per share.
- Total proceeds: $295,090.
- Shares owned after transaction: Not specified in the provided filing; the filing notes beneficial ownership includes 70 shares acquired via the Employee Stock Purchase Plan on 2026-01-30.
- Filing timeliness: Form 4 filed 2026-02-04 for a 2026-02-02 transaction — appears timely (Form 4s are due within two business days).
Context
This was a sale under a pre-established 10b5‑1 plan, which typically schedules trades in advance and is often used to avoid questions about trading based on nonpublic information. The filing shows a routine open-market sale rather than an option exercise or gift; it is factual disclosure of insider activity and does not by itself indicate management sentiment.
Insider Transaction Report
Form 4
Cunningham Paul
Sr. Vice President
Transactions
- Sale
Common Stock
[F1][F2]2026-02-02$295.09/sh−1,000$295,090→ 95,137 total
Footnotes (2)
- [F1]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.
- [F2]Amount of securities beneficially owned includes 70 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 30, 2026.
Signature
/s/ Ahalya Hildreth, Attorney-in-Fact for Paul Cunningham|2026-02-04