Brennan Ita M 4

What Happened
Brennan Ita M, a director of Cadence Design Systems (CDNS), sold a total of 180 shares in multiple open‑market transactions on June 10, 2026, generating approximately $69,740. Individual lots were sold at prices ranging roughly from $382.87 to $398.65 (reported as several weighted‑average prices across trades). The sales were effected under a Rule 10b5‑1 trading plan adopted on 11/24/2025, which typically indicates pre‑scheduled, routine disposition rather than trade timing based on inside information.

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (two days after the trades).
• Total sold: 180 shares for about $69,740 (aggregate).
• Price info: multiple sales reported with weighted average prices and ranges (per footnotes) from about $382.87 up to $398.65; some line items use weighted‑average prices and list specific intra-range values in footnotes.
• Footnotes: F1 = trades executed under a 10b5‑1 plan (adopted 11/24/2025). F2–F13 = several weighted‑average price disclosures covering different lots; the filer offers to provide a full breakdown of prices on request.
• Shares owned after the transaction: not provided in the excerpt.

Context
This was a sale (not a purchase). Sales under an established 10b5‑1 plan are commonly routine disposals set in advance; they are not necessarily an indicator of the director’s view of the company’s outlook. Retail investors should note the small dollar size of this transaction relative to typical executive trades and consider insider activity along with other signals (filings, company fundamentals, and broader insider trends) before drawing conclusions.