Cadence Design Systems Director Files Form 144 to Sell $438K in Common Stock

SEC Form 144 Analysis: Cadence Design Systems Inc (CDNS)

Transaction Summary

Director Alberto Sangiovanni Vincentelli has filed a Form 144 notice of proposed sale for 1,250 shares of Cadence Design Systems Inc common stock, representing an aggregate market value of approximately $437,590.00 (implied price of ~$350.07 per share). The proposed transaction is scheduled to occur around October 1, 2026 via Charles Schwab & Co., Inc.

Insider Information

• Filer: Alberto Sangiovanni Vincentelli
• Role: Director / Co-founder
• Ownership Capacity: Shares sold via the Alberto Sangiovanni-Vincentelli Trust.
• Origin of Securities: Acquired via restricted stock lapse on February 9, 2016, as part of equity compensation.

Trading Plan & Recent History

• Rule 10b5-1 Plan: The proposed sale is executed pursuant to a pre-arranged trading plan adopted on May 12, 2026.
• Prior Sales (Past 3 Months): The filer previously sold 1,250 shares on August 25, 2026, generating gross proceeds of $401,095.00.

Market Impact & Significance

The trading significance of this filing is rated as Low. The transaction size (1,250 shares out of 275.39 million outstanding shares) is negligible and represents routine programmatic selling under a pre-established Rule 10b5-1 trading plan.