Cadence Design Systems Director Ita Brennan Files Form 144 to Sell 180 Shares
CADENCE DESIGN SYSTEMS INC
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Filing Summary
📋 Form 144 Notice of Proposed Sale Issuer: CADENCE DESIGN SYSTEMS INC ($CDNS) Insider: Ita Brennan (Board Member) Shares to Sell: 180 Common Shares Aggregate Market Value: $285,510 Approximate Sale Date: 2026-09-10 Trading Plan: Rule 10b5-1 adopted on 2025-11-24
Comprehensive Analysis
Executive Summary
On September 10, 2026, CADENCE DESIGN SYSTEMS INC ($CDNS) Board Member Ita Brennan filed a Form 144 notice indicating the proposed sale of 180 shares of common stock through J.P. Morgan Securities LLC, representing an aggregate market value of approximately $285,510.
Key Filing Details
- Insider: Ita Brennan (Director / Board Member)
- Filing Date: September 10, 2026
- Approximate Sale Date: September 10, 2026
- Securities: 180 Common Shares
- Estimated Total Value: $285,510
- Source of Shares: RSU Vest on May 2, 2024
- Trading Plan: Pre-arranged Rule 10b5-1 trading plan adopted on November 24, 2025
Significance Assessment
- Trading Significance: Low
- The proposed sale involves a minimal volume of 180 shares relative to the company's total outstanding share base of approximately 275.39 million shares.
- The transaction is being executed pursuant to a pre-established Rule 10b5-1 trading plan adopted nearly ten months prior, indicating routine portfolio management rather than discretionary market timing.
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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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