Scannell Paul sold CDNS
June 1, 2026 · Form 4 insider transaction
Scannell Paul sold 7,081 shares of Cadence Design Systems, Inc. at $393.91 per share, a transaction worth $2.79M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
7,081
Price
$393.91
Total value
$2.79M
InsiderScannell Paul
Role—
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateJune 1, 2026
Filing dateJune 3, 2026
Shares owned after32,181
OwnershipDirect
10b5-1 planYes
AmendedNo
Footnotes
The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 9/9/2025 by the Reporting Person.