Insider trade

Director sold ~$22K of CDNS shares in the open market

Traded Dec 10, 2025 · Filed Dec 13, 2025

~$22K
Reported value · 64 sh @ $337.0993: 7,724
Holds after · shares reported: +3.8%
stock since the trade · S&P 500 +11.1%, $338.06 → $350.73 on Oct 1

Why it stands out

A board member of Cadence Design Systems sold $22K of Cadence Design Systems shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Dec 10, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 13, 2025

Director<$25KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$21,574

Shares × reported transaction price

Timing vs results

44 days after results of Oct 27, 2025, 69 days before results of Feb 17, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $338.06 on Dec 10, 2025, 46% above its 52-week low and 9% below its high, little changed over the previous 30 trading days

52-week range $231.64 (Apr 8, 2025) to $373.37 (Sep 22, 2025), 75% of the way up, from 250 adjusted closes. 30 trading days earlier: $341.30 on Oct 28, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-0.3%	+0.6%	-0.9%
30 days	-1.6%	+1.4%	-3.1%
90 days	-8.1%	-1.7%	-6.3%
180 days	+23.9%	+10.9%	+13.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001494211-25-000009
Filed / recorded: Dec 13, 2025, 4:51 AM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: CADENCE DESIGN SYSTEMS INC
Issuer CIK: 813672
Ticker: CDNS
Reporting person: Ita M Brennan
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 10, 2025
Transaction code: S
Shares / units: 64
Price per share: $337.0993
Acquired / disposed: Disposed (D)
Shares owned after: 7,724
Ownership form: Direct
Amendment: No

Footnotes from the filing

The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 12/12/2024 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 $335.65 to $336.58, 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.