Insider trade

CFO sold ~$3.13M of CDNS shares in the open market

Traded Dec 16, 2025 · Filed Dec 19, 2025

~$3.13M
Reported value · 9,828 sh @ $318.1113: 82K
Holds after · shares reported: +9.8%
stock since the trade · S&P 500 +12.5%, $319.53 → $350.73 on Oct 1

Why it stands out

The money chief of Cadence Design Systems sold $3.13M 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 16, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 19, 2025

CFO$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$3,126,398

Shares × reported transaction price

Timing vs results

50 days after results of Oct 27, 2025, 63 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 $319.53 on Dec 16, 2025, 38% above its 52-week low and 14% below its high, after a 5% drop over the previous 30 trading days

52-week range $231.64 (Apr 8, 2025) to $373.37 (Sep 22, 2025), 62% of the way up, from 250 adjusted closes. 30 trading days earlier: $335.41 on Nov 3, 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	+1.3%	+1.4%	-0.2%
30 days	-2.5%	-0.4%	-2.1%
90 days	-8.7%	-3.0%	-5.7%
180 days	+23.7%	+8.9%	+14.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0000813672-25-000164
Filed / recorded: Dec 19, 2025, 3:17 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: John M Wall
Relationship: Officer
Officer title: Sr. VP & CFO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 16, 2025
Transaction code: S
Shares / units: 9,828
Price per share: $318.1113
Acquired / disposed: Disposed (D)
Shares owned after: 82,434
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 5/6/2025 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 $317.75 to $318.74, 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.