Morgan Stanley lists CDNS planned resales (NASDAQ: CDNS) on 01/31/2026 and 02/17/2026

Rhea-AI Filing Summary

Cadence Design Systems (CDNS) Rule 144 notice: The filing lists proposed sales of Common shares by Morgan Stanley Smith Barney LLC as broker-dealer/agent with transaction dates including 01/31/2026 and 02/17/2026. The notice records planned sales tied to an Employee Stock Purchase Plan and to Restricted Stock Units & Performance Stock Units. Reported numeric entries include 10,500, 10,430, and values 3,460,695.00 and 272,651,000 associated with the securities line items. The filing is administrative notice of resale under Rule 144 and does not itself complete any transfers.

Insights

Equity Compliance Analyst

TL;DR: Administrative Rule 144 notice listing resale dates and security types.

The entry identifies Morgan Stanley Smith Barney LLC as the intermediary and specifies sales tied to an Employee Stock Purchase Plan and to Restricted Stock Units & Performance Stock Units. The document lists proposed transaction dates of 01/31/2026 and 02/17/2026

Compliance implications are routine: these notices inform the market of an intended resale under resale conditions. Cash‑flow treatment and final execution details are not provided in the excerpt; subsequent trade confirmations or Form 4/Form 5 filings would show completed transfers.

Key Figures

Broker reference number: 10,500 Secondary quantity example: 10,430 Monetary line item: 3,460,695.00 +4 more

7 metrics

Broker reference number 10,500 listed on securities line

Secondary quantity example 10,430 listed with Restricted Stock Units & Performance Stock Units on 02/17/2026

Monetary line item 3,460,695.00 numeric entry on securities line

Large numeric entry 272,651,000 numeric entry on securities line

Filing effective/receipt date 05/01/2026 date shown on securities line

Planned resale date (ESPP) 01/31/2026 Employee Stock Purchase Plan sale date

Planned resale date (RSU/PSU) 02/17/2026 Restricted Stock Units & Performance Stock Units sale date

Key Terms

Employee Stock Purchase Plan, Restricted Stock Units & Performance Stock Units, Rule 144

3 terms

Employee Stock Purchase Plan financial

"Common | 01/31/2026 | Employee Stock Purchase Plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Restricted Stock Units & Performance Stock Units financial

"Common | 02/17/2026 | Restricted Stock Units & Performance Stock Units"

Rule 144 regulatory

"144: Securities To Be Sold"

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.

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	10500	3460695.00	272651000	05/01/2026	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	01/31/2026	Employee Stock Purchase Plan	Issuer			70	01/31/2026	Cash
Common	02/17/2026	Restricted Stock Units & Performance Stock Units	Issuer			10430	02/17/2026	N/A

* 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

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 filing mean?

It notifies the market of proposed resale of Common shares under Rule 144. The filing lists transaction dates and security types, but it is an administrative notice and does not itself complete any sale.

Who is listed as the selling intermediary in the CDNS excerpt?

Morgan Stanley Smith Barney LLC is named as the intermediary. The excerpt shows the broker address and indicates planned sales handled by that firm on the listed dates.

Which security types are mentioned in the filing for CDNS?

The excerpt lists Common stock, sales tied to an Employee Stock Purchase Plan, and sales tied to Restricted Stock Units & Performance Stock Units, with specific planned dates.

Do the numeric figures in the excerpt indicate shares sold?

The excerpt shows numbers such as 10,500 and 10,430 and amounts like 3,460,695.00 and 272,651,000. These are listed on the securities line but the excerpt does not explicitly label them as completed sale quantities.