CADENCE DESIGN SYSTEMS INC 4
0000813672-26-000097
View on SEC EDGARInsider Alberto Sangiovanni‑Vincentelli sold 1,250 shares of Cadence Design Systems common stock on August 25, 2026 under a Rule 10b5‑1 plan for approximately $400,000 in total proceeds.
On August 25, 2026, Alberto Sangiovanni‑Vincentelli, an insider of Cadence Design Systems, Inc., executed a series of open‑market sales of Cadence common stock pursuant to a pre‑arranged Rule 10b5‑1 trading plan adopted on May 12, 2026. Across five transactions, he sold an aggregate 1,250 shares at weighted average prices between approximately $318 and $325 per share, for total proceeds of roughly $400,000. Following these sales, his direct ownership decreased from 41,764 to 40,794 shares of Cadence common stock. Using the transaction price range as a proxy, his post‑transaction holdings are valued at about $13 million, indicating that while the trades are meaningful in dollar terms, they represent only a modest portion of his overall stake and appear to be part of a planned diversification program rather than a significant reduction in ownership.
Filing Facts
- CIK
- 813672
- Ticker
- CDNS
- Form
- 4
- Source Type
- sec
- Accession
- 0000813672-26-000097
- Alert Tier
- 8