Cadence (NASDAQ: CDNS) Rule 144 lists 7,966-share option exercise planned

Rhea-AI Filing Summary

Cadence Design Systems files a Rule 144 notice reporting a planned sale of 7,966 shares of Common Stock via exercise of stock options on 06/01/2026. The filing also lists recent 10b5-1 sales by Paul Scannell of 1,071 shares on 05/18/2026 for $369,559.26 and 10,500 shares on 05/01/2026 for $3,559,500.00.

Key Figures

Planned sale: 7,966 shares 10b5-1 sale - 05/01/2026: 10,500 shares 10b5-1 sale - 05/18/2026: 1,071 shares

3 metrics

Planned sale 7,966 shares Exercise of stock options on 06/01/2026

10b5-1 sale - 05/01/2026 10,500 shares Proceeds of $3,559,500.00 reported

10b5-1 sale - 05/18/2026 1,071 shares Proceeds of $369,559.26 reported

Key Terms

Rule 144, 10b5-1, Exercise of Stock Options

3 terms

Rule 144 regulatory

"files a Rule 144 notice reporting a planned sale"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

10b5-1 regulatory

"10b5-1 Sales for PAUL SCANNELL"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Exercise of Stock Options financial

"06/01/2026 | Exercise of Stock Options | Issuer"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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	7966	2986692.38	275816000	06/01/2026	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	06/01/2026	Exercise of Stock Options	Issuer			7966	06/01/2026	Cash

* 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
10b5-1 Sales for PAUL SCANNELL 2655 Seely Avenue, Building 5, San Jose CA 95134	Common	05/18/2026	1071	369559.26
10b5-1 Sales for PAUL SCANNELL 2655 Seely Avenue, Building 5, San Jose CA 95134	Common	05/01/2026	10500	3559500.00

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 Cadence (CDNS) report in this Rule 144 filing?

The filing reports a planned sale of 7,966 shares via exercise of stock options on 06/01/2026. It also discloses recent 10b5-1 sales by Paul Scannell in May 2026.

How many shares did Paul Scannell sell under 10b5-1 plans in May 2026?

Paul Scannell sold 11,571 shares in May 2026, comprising 10,500 shares on 05/01/2026 and 1,071 shares on 05/18/2026, with proceeds reported in the filing.

What proceeds are reported for the May 2026 10b5-1 sales?

The filing shows proceeds of $3,559,500.00 for the 10,500-share sale on 05/01/2026 and $369,559.26 for the 1,071-share sale on 05/18/2026.

What method is used for the planned 06/01/2026 transaction?

The planned 06/01/2026 transaction is labeled as an Exercise of Stock Options with cash indicated as the consideration method in the filing.