Cadence (CDNS) Director Ita M. Brennan Sells 180 Shares

What Happened
Ita M. Brennan, a director of Cadence Design Systems (CDNS), sold a total of 180 shares in open-market transactions on September 10, 2026, generating total proceeds of $51,392. The sale was reported as four dispositions: 33 shares (avg $284.44, $9,386), 127 shares (avg $285.58, $36,268), 14 shares (avg $286.47, $4,011), and 6 shares (avg $287.79, $1,727). These were sales (dispositions), not purchases.

Key Details

• Transaction date: 2026-09-10; Form 4 filed 2026-09-14 (timely — filed on the second business day after the transaction).
• Reported totals and weighted-average prices: 180 shares for $51,392 total. Individual weighted averages and totals shown above.
• Footnotes: Sale was effected under a Rule 10b5-1 trading plan adopted 11/24/2025 (F1). Each reported price is a weighted average; the filing lists price ranges for the multiple executions (F2–F5) and states detailed per-trade prices are available on request.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context
Sales reported under a 10b5-1 plan are pre-arranged trades and are generally considered planned dispositions rather than ad hoc signals about company prospects. For retail investors, purchases tend to be a stronger signal of insider confidence than routine sales; this filing documents routine sales via a trading plan rather than an insider-initiated purchase.