Cadence Design Systems Senior Vice President Paul Cunningham sold 2,000 shares of common stock on July 15, 2026, in a transaction valued at approximately $767,000. The sale was executed under a pre-arranged Rule 10b5-1 trading plan and represented about 2% of his direct holdings, leaving him with 125,586 shares worth $46.66 million based on the same day's closing price of $371.50. Cunningham acquired the shares through the exercise of options that began vesting in March 2021, and he still holds 8,328 derivative securities. Cadence Design Systems, a leader in electronic design automation with a market capitalization of $100.6 billion, reported trailing twelve-month revenue of $5.5 billion and net income of $1.2 billion.
Cadence Design Systems IncInsider sale of 2,000 shares, even under a 10b5-1 plan, is a minor negative signal for the stock.