SCANNELL PAUL (Sr. Vice President) sold 18.0% of their position (7.08K shares) of CADENCE DESIGN SYSTEMS INC on the open market
Open‑market sale worth $2.79M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 6/3/2026ACC: 0000813672-26-000076
Officer· Sr. Vice President
Since Feb 2026
-7.08K
Net shares
Net seller
$2.79M
Total sold
1
Open market trades
0B · 1S
3
Total transactions
7.08K acquired · 14.16K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+7.08K
Price / share
$285.19
Trade value
$2.02M
% of position
22.0%
6/1/2026
32.18K→39.26K
Common Stock
Direct
Shares
−7.08K
Price / share
$393.91
Trade value
$2.79M
% of position
18.0%
6/1/2026
39.26K→32.18K
Total
Net shares
+0.00
Net value
-$769.85K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 6/1/2026 | M · Option Exercise | +7.08K | $285.19 | $2.02M | 22.0% | 32.18K | 39.26K |
| Common Stock Direct | 6/1/2026 | S · Sale | −7.08K | $393.91 | $2.79M | 18.0% | 39.26K | 32.18K |
| Total | +0.00 | -$769.85K | ||||||
Derivative Transactions1
Non-Qualified Stock Option (right to buy)
Direct
Converts to
Common Stock
7.08K shares
Shares
−7.08K
Strike price
285.19
Held after
7.08K
Exercisable
—
6/1/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) Direct | Common Stock7.08K shares | 6/1/2026 | M · Option Exercise | −7.08K | 285.19 | — | 7.08K |