Cadence Design (NASDAQ: CDNS) director plans 1,250-share sale

Rhea-AI Filing Summary

CADENCE DESIGN SYSTEMS INC (CDNS) is the issuer for which Alberto Sangiovanni-Vincentelli, a director, filed a Rule 144 notice covering planned sales of common stock. The notice relates to up to 1,250 shares of CDNS common stock to be sold through Charles Schwab & Co., Inc., with an anticipated sale date of 08/25/2026 on NASDAQ. The shares come from equity compensation awards, specifically 382 shares from a restricted stock lapse dated 05/02/2024 and 868 shares from a restricted stock lapse dated 05/02/2025, both granted by Cadence Design Systems, Inc. The remark states that the shares are held in the Alberto Sangiovanni-Vincentelli Trust, and the notice is signed by Alberto Sangiovanni-Vincentelli as trustee.

Key Figures

Shares to be sold: 1,250 shares Restricted stock lapse 2024: 382 shares Restricted stock lapse 2025: 868 shares +1 more

4 metrics

Shares to be sold 1,250 shares Total CDNS common shares covered by the Rule 144 notice

Restricted stock lapse 2024 382 shares Equity compensation restricted stock lapse dated 05/02/2024

Restricted stock lapse 2025 868 shares Equity compensation restricted stock lapse dated 05/02/2025

Anticipated sale date 08/25/2026 Approximate date of proposed sales of CDNS common stock

Key Terms

Rule 144, Restricted Stock Lapse, Equity Compensation

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

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.

Restricted Stock Lapse financial

"Common | 05/02/2024 | Restricted Stock Lapse | CADENCE DESIGN SYSTEMS, INC."

Equity Compensation financial

"382 | 05/02/2024 | Equity Compensation"

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

FAQ

What does the Form 144 filing for CDNS disclose?

The filing discloses that director Alberto Sangiovanni-Vincentelli filed a Rule 144 notice to sell up to 1,250 shares of Cadence Design Systems, Inc. common stock, to be sold through Charles Schwab on NASDAQ, with an anticipated sale date of 08/25/2026.

How many CDNS shares are covered by this Form 144 notice?

The notice covers up to 1,250 shares of Cadence Design Systems, Inc. common stock. These shares are tied to equity compensation awards that vested as restricted stock on 05/02/2024 (382 shares) and 05/02/2025 (868 shares).

What is the source of the CDNS shares to be sold under this Form 144?

The 1,250 shares of CDNS common stock come from equity compensation. They include 382 shares from a restricted stock lapse dated 05/02/2024 and 868 shares from a restricted stock lapse dated 05/02/2025, both issued by Cadence Design Systems, Inc.

Who is the selling security holder in the CDNS Form 144 filing?

The selling security holder is Alberto Sangiovanni-Vincentelli, a director of Cadence Design Systems, Inc. The remarks specify that the shares are sold in the Alberto Sangiovanni-Vincentelli Trust, and the notice is signed by him as trustee.

On which market and through which broker may the CDNS shares be sold?

The shares may be sold on NASDAQ through Charles Schwab & Co., Inc. as indicated in the securities information section of the Form 144 notice for Cadence Design Systems, Inc.

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Available on EDGAR 08/25/2026 - 04:03 PM Accepted by SEC EDGAR 08/25/2026 - 04:03 PM Learn about SEC filing dates

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	0001181490
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	CADENCE DESIGN SYSTEMS INC
SEC File Number	000-15867
Address of Issuer	2655 SEELY AVENUE BLDG 5 SAN JOSE CALIFORNIA 95134
Phone	4089431234
Name of Person for Whose Account the Securities are To Be Sold	SANGIOVANNI VINCENTELLI ALBERTO
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	Director

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	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	1250	401095.00	275393000	08/25/2026	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	05/02/2024	Restricted Stock Lapse	CADENCE DESIGN SYSTEMS, INC.			382	05/02/2024	Equity Compensation
Common	05/02/2025	Restricted Stock Lapse	CADENCE DESIGN SYSTEMS, INC.			868	05/02/2025	Equity Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks	Shares sold in the ALBERTO SANGIOVANNI-VINCENTELLI TRUST.
Date of Notice	08/25/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	05/12/2026
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	ALBERTO SANGIOVANNI VINCENTELLI TTEE
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)