February 15, 2024 · Form 4 insider transaction
BECKLEY THOMAS P sold 12,766 shares of Cadence Design Systems, Inc. at $295.73 per share, a transaction worth $3.78M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 5 days after the transaction.
The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on October 25, 2023 by the Reporting Person.; The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $295.19 to $296.16, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.