Cadence Design Systems Director Alberto Sangiovanni-Vincentelli Sells $437.6K in Common Stock Under 10b5-1 Plan
CADENCE DESIGN SYSTEMS INC
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Filing Summary
# Insider Transaction Alert: CADENCE DESIGN SYSTEMS INC ($CDNS)
**Insider:** Alberto Sangiovanni-Vincentelli (Director)
**Action:** Sold 1,250 shares of Common Stock at $350.07
**Total Value:** $437,589.88
**Shares Remaining:** 39,544
**Significance:** Low (Pre-planned Rule 10b5-1 sale)
Comprehensive Analysis
Transaction Summary
On October 1, 2026, Alberto Sangiovanni-Vincentelli, a Director at Cadence Design Systems Inc ($CDNS), executed an open-market sale of 1,250 shares of common stock at an average price of $350.0719 per share, totaling approximately $437,589.88.
Key Details
- Security: Common Stock
- Nature of Holding: Direct
- Remaining Holdings: 39,544 shares following the transaction
- Pre-Arranged Plan: The disposition was carried out pursuant to a Rule 10b5-1 trading plan established on May 12, 2026.
Significance Assessment
The transaction is evaluated as Low significance. The disposition represents roughly 3.1% of the insider's direct equity position and was executed automatically in accordance with a pre-established Rule 10b5-1 trading plan, indicating no sudden discretionary insider activity.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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