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Cadence Design Systems(CDNS.US) Officer Sells US$19.38 Million in Common Stocks

moomoo News ·  Feb 20 21:27

$Cadence Design Systems (CDNS.US)$ Officer BECKLEY THOMAS P sold 65,268 shares of Common Stocks on Feb 15, 2024 at an average price of $296.9786 for a total value of $19.38 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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