CDNS (NASDAQ: CDNS) Form 144 shows brokered notice to sell 21,500 shares

Rhea-AI Filing Summary

CDNS submitted a Form 144 notice for proposed sales of Common Stock through Morgan Stanley Smith Barney LLC, dated 04/16/2026. The filing lists 21,500 shares and a corresponding value of $6,653,175.00. The excerpt also shows 112 shares tied to an Employee Stock Purchase Plan dated 01/31/2025 and 21,388 shares tied to Performance and Restricted Stock dated 12/15/2024.

Insights

Corporate Securities Compliance

Routine Form 144 filing reporting proposed resale of common shares via a broker.

The filing lists proposed resale quantities and a dollar amount under a broker-dealer arrangement. Form 144 is a notice of intent to sell restricted or control securities under applicable resale rules; it is administrative and does not itself complete any sale.

Timing and final execution details are not provided in the excerpt; subsequent trade reports would confirm any sales.

Key Figures

Proposed shares: 21,500 shares Listed value: $6,653,175.00 Employee Stock Purchase Plan shares: 112 shares +3 more

6 metrics

Proposed shares 21,500 shares Listed on the Form 144 excerpt

Listed value $6,653,175.00 Value shown alongside the 21,500 shares on the excerpt

Employee Stock Purchase Plan shares 112 shares Employee Stock Purchase Plan entry dated 01/31/2025

Performance and Restricted Stock 21,388 shares Performance and Restricted Stock entry dated 12/15/2024

Date on filing excerpt 04/16/2026 Date associated with the Form 144 excerpt

Reference number 272,651,000 Numeric item shown in the excerpt (context not specified)

Key Terms

Form 144, Employee Stock Purchase Plan, Performance and Restricted Stock, Broker-dealer

4 terms

Form 144 regulatory

"Common | Morgan Stanley Smith Barney LLC Executive Financial Services ... | 21500"

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.

Employee Stock Purchase Plan financial

"Common | 01/31/2025 | Employee Stock Purchase Plan | ISSUER | 112"

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.

Performance and Restricted Stock financial

"Common | 12/15/2024 | Performance and Restricted Stock | ISSUER | 21388"

Broker-dealer regulatory

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

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	21500	6653175.00	272651000	04/16/2026	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	01/31/2025	Employee Stock Purchase Plan	ISSUER			112	01/31/2025	Cash
Common	12/15/2024	Performance and Restricted Stock	ISSUER			21388	12/15/2024	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

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 CDNS's Form 144 dated 04/16/2026 report?

The Form 144 reports a proposed sale of 21,500 shares of Common Stock and a listed value of $6,653,175.00. It names Morgan Stanley Smith Barney LLC as the executing broker-dealer.

Does the Form 144 confirm that shares were sold for CDNS?

No. A Form 144 is a notice of intent to sell; it does not confirm completion. Execution and settlement would appear in separate trade or post-sale disclosures.

What securities and dates are referenced in the excerpt for CDNS?

The excerpt references Common Stock and shows an Employee Stock Purchase Plan entry dated 01/31/2025 for 112 shares and Performance and Restricted Stock dated 12/15/2024 for 21,388 shares.

Who is the broker-dealer listed on the CDNS Form 144?

The filing names Morgan Stanley Smith Barney LLC Executive Financial Services at New York Plaza as the broker-dealer handling the proposed resale activity.