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SEC EDGARAUG 271 min read$CDNS

Scannell Paul sold $95K of CDNS

Scannell Paul (Sr. Vice President) sold 280 shares of CADENCE DESIGN SYSTEMS INC (CDNS) at $339.00 on 2026-08-26 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Scannell Paul
Published Aug 27, 2026, 10:14 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 27, 2026, 10:22 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About alphai AI DeskScoring methodologyReport an issue
alphai market briefInsider activity
Primary signal
$CDNS
Neutral
high confidence
Mentioned
$CDNS
Relevance
2/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$CDNSNeutralLow
01

Why it matters

The disclosed sale is a routine liquidity event with negligible price impact.

02

Market read

Relevant for traders monitoring insider activity; unlikely to trigger trading action.

03

What to watch

Potential tax‑loss harvesting or portfolio rebalancing could motivate the sale, not necessarily negative sentiment.

Relevance 2/10Novelty 4/10Timing: post‑market on 2026‑08‑26

Background

Form 4 filings disclose insider transactions; a 10b5‑1 plan pre‑arranges sales to avoid timing concerns.

Company-level read

Ticker impact

$CDNSNeutralHigh confidence
Context

Senior Vice President Paul Scannell sold 280 shares of Cadence Design Systems for $94,920 via a 10b5‑1 plan on 2026‑08‑26.

Expected impact

minimal to none

Evidence & confidence

Sale size ($95K) is tiny relative to market cap; insider remains a large holder (31,720 shares).

Market effects

Sector

None; Cadence operates in EDA with no sector‑wide impact from this filing.

Regional

None; the filing is U.S.‑focused and does not affect regional markets.

Global

Low; only relevant to investors tracking Cadence insiders.

Counterpoint

What could challenge this read

If the insider had a larger stake or sold a significant portion, it could signal concerns, but here the sale is routine.

Key entities

  • company
    Cadence Design Systems Inc.

    U.S. listed provider of electronic design automation software (ticker CDNS).

  • person
    Paul Scannell

    Senior Vice President and officer at Cadence.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

CDNS insider trading history →

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