CDNS (NASDAQ: CDNS) affiliate reports three 1,000-share sales and a 1,000-share resale filing

Rhea-AI Filing Summary

The filing discloses proposed and recent sales of Common stock by an affiliate under Form 144. It lists a proposed sale of 1,000 performance shares with an original grant date of 03/15/2024, and three sales of 1,000 shares each on 01/02/2026, 02/02/2026, and 03/02/2026 by Paul A, with reported values of $315,700, $295,090, and $297,780 respectively.

Insights

Equity Compensation Specialist

Affiliate reports routine dispositions of vested common shares and a proposed resale of performance shares.

The filing lists an issuer-originated security type as "Performance Shares" dated 03/15/2024 and shows three separate sales by Paul A of 1,000 shares each in early 2026. These entries are consistent with standard affiliate resale notices under resale rules.

Cashflow details are given per sale as dollar values; however, proceeds recipient and any transfer mechanics beyond the reported sales prices are not itemized in the excerpt.

Key Figures

Proposed resale: 1,000 performance shares Sale on 01/02/2026: 1,000 shares Sale on 02/02/2026: 1,000 shares +1 more

4 metrics

Proposed resale 1,000 performance shares grant date 03/15/2024

Sale on 01/02/2026 1,000 shares reported value $315,700

Sale on 02/02/2026 1,000 shares reported value $295,090

Sale on 03/02/2026 1,000 shares reported value $297,780

Key Terms

Form 144, Performance Shares, Issuer

3 terms

Form 144 regulatory

"Notice of proposed sale by an affiliate under Section 144"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Performance Shares financial

"Securities labeled as "Performance Shares" with grant date 03/15/2024"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

Issuer regulatory

"Line item identifies the security source as "ISSUER" for the performance shares"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1000	280190.00	272651000	04/01/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/15/2024	Performance Shares	ISSUER			1000	03/15/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
PAUL A CUNNINGHAM 2655 Seely Avenue Building 5 San Jose CA 95134	Common	03/02/2026	1000	297780.00
PAUL A CUNNINGHAM 2655 Seely Avenue Building 5 San Jose CA 95134	Common	02/02/2026	1000	295090.00
PAUL A CUNNINGHAM 2655 Seely Avenue Building 5 San Jose CA 95134	Common	01/02/2026	1000	315700.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the CDNS Form 144 disclose about recent insider sales?

It discloses three sales of 1,000 shares each by Paul A on 01/02/2026, 02/02/2026, and 03/02/2026. The filing lists reported sale values of $315,700; $295,090; and $297,780 for those transactions, respectively, as recorded in the excerpt.

How many performance shares are proposed for resale in the CDNS filing?

The filing shows a proposed resale of 1,000 performance shares with a grant date of 03/15/2024. The entry labels the securities as "Performance Shares" and indicates the issuer as the source for those shares.

Who is the reported seller in the CDNS Form 144 excerpt?

The reported seller for the completed sales is listed as Paul A, with an address on Seely Avenue in San Jose, CA. Paul A is shown as the filer for the three 1,000-share transactions in early 2026.

Are the dollar amounts for the sales provided in the CDNS filing?

Yes. The excerpt lists sale values for each completed 1,000-share sale: $315,700 on 01/02/2026, $295,090 on 02/02/2026, and $297,780 on 03/02/2026. Those amounts appear next to each transaction line.

Does the filing state who receives the proceeds from the resale?

The excerpt does not specify who receives proceeds beyond listing the sale values. The lines show reported dollar amounts but do not explicitly state the party receiving the proceeds.