Cadence (CDNS) Rule 144 Notice — 460 Shares, $161,000 Aggregate Value

Rhea-AI Filing Summary

Form 144 filed for Cadence Design Systems (CDNS) reports a proposed sale of 460 shares of common stock through Morgan Stanley Smith Barney LLC on NASDAQ, with an aggregate market value of $161,000 and approximate sale date of 08/18/2025. The shares were acquired as restricted stock on 08/15/2024 from the issuer and were fully paid on that date. The filing shows 272,490,000 shares outstanding for the class. No securities were reported sold by the filer in the past three months.

Insights

Financial Analyst

TL;DR: Insider sale is very small relative to outstanding shares; unlikely to be material to CDNS valuation.

The filing documents a proposed sale of 460 restricted shares acquired from the issuer in August 2024, with an aggregate market value of $161,000 and an intended sale date of 08/18/2025 via Morgan Stanley Smith Barney on NASDAQ. Given the issuer's 272,490,000 shares outstanding, the position represents an immaterial fraction of the company. The notice meets Rule 144 disclosure requirements and includes the filer’s representation about absence of undisclosed material adverse information.

Corporate Governance Expert

TL;DR: Routine Rule 144 disclosure for sale of restricted shares; procedural compliance is evident.

The filing indicates the seller acquired restricted stock from the issuer and intends to sell through a broker. The statement about no undisclosed material adverse information and the inclusion of acquisition and payment dates align with procedural expectations for Rule 144 notices. There are no disclosures of additional related-party transactions or aggregated sales in the past three months, suggesting no broader insider selling program disclosed here.

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	460	161000.00	272490000	08/18/2025	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	08/15/2024	Restricted Stock	ISSUER			460	08/15/2024	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 the Form 144 filed for Cadence Design Systems (CDNS) report?

The Form 144 reports a proposed sale of 460 shares of common stock with an aggregate market value of $161,000 to be sold on 08/18/2025 via Morgan Stanley Smith Barney LLC on NASDAQ.

When were the shares being sold acquired according to the filing?

The shares were acquired as restricted stock on 08/15/2024 from the issuer, with payment recorded on that date.

How many shares outstanding does the filing show for Cadence's class?

The filing lists 272,490,000 shares outstanding for the class of common stock.

Does the filing report any securities sold by the filer in the past three months?

No. The section for securities sold during the past three months states Nothing to Report.

Who is the broker named for the proposed sale?

The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.