Cadence Design Systems Director Sells Over $401K in Stock

On August 25, 2026, Alberto Sangiovanni-Vincentelli, a Director at Cadence Design Systems, executed a series of sales of company stock. In total, 1,250 shares of Common Stock were sold across five transactions, yielding approximately $401,094.55. The weighted average sale price was approximately $320.88 per share. Following these dispositions, the director's direct holdings in the company amount to 40,794 shares.

Notably, the filing indicates that these transactions were conducted pursuant to a Rule 10b5-1 trading plan, which was adopted on May 12, 2026. This signifies that the sales were pre-scheduled and not based on immediate, non-public information, a key piece of context for investors evaluating the transaction.