Trade Summary

5 days ago, Scannell Paul, serving as SVP at Cadence Design Systems Inc (CDNS), sold 10,500 shares at $339.00 per share, for a total transaction value of $3,559,500.00. Following this transaction, Scannell Paul now holds 33,946 shares of CDNS.

This sale represents a 24.00% decrease in Scannell Paul's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, May 1, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, May 5, 2026, 4 days after the trade was made.

Cadence Design Systems Inc operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.