Cadence adds new director to pay committee

Cadence Design Systems, Inc. filed an amendment to a current report to update the board committee assignment of a recently appointed director.

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Form Type

8-K/A

Rhea-AI Filing Summary

Cadence Design Systems, Inc. filed an amendment to a current report to update the board committee assignment of a recently appointed director. The Board had previously appointed Dr. Luc Van den hove as a director effective January 1, 2026, but had not yet determined his committee role.

This amendment discloses that on May 7, 2026, the Board designated Dr. Van den hove as a member of the Compensation Committee, effective that same date. All other information from the original report remains unchanged.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Director effective date: January 1, 2026 Committee designation date: May 7, 2026 Amendment signature date: May 11, 2026

3 metrics

Director effective date January 1, 2026 Effective date of Dr. Luc Van den hve’s board appointment

Committee designation date May 7, 2026 Date he was designated to the Compensation Committee

Amendment signature date May 11, 2026 Date the 8-K/A was signed by Cadence

Key Terms

Compensation Committee, Emerging growth company, Section 13 or 15(d) of the Securities Exchange Act of 1934, Current Report on Form 8-K

4 terms

Compensation Committee financial

"the Board designated Dr. Van den hove as a member of the Compensation Committee of the Board"

A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.

Emerging growth company regulatory

"Securities registered pursuant to Section 12(b) of the Act ... Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Section 13 or 15(d) of the Securities Exchange Act of 1934 regulatory

"/A (Amendment No. 1) PURSUANT SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934"

Current Report on Form 8-K regulatory

"As previously reported in a filed with the Securities and Exchange Commission on November 17, 2025"

A current report on Form 8-K is a document that publicly traded companies file to promptly share important news or events that could affect their financial position or stock price, such as major business changes or legal issues. It helps investors stay informed about timely developments, allowing them to make better decisions about buying or selling shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What change did Cadence Design Systems (CDNS) report in this 8-K/A?

Cadence Design Systems updated board committee assignments. The Board designated director Dr. Luc Van den hve as a member of the Compensation Committee effective May 7, 2026, leaving all other prior disclosure unchanged.

Who is the new Compensation Committee member at Cadence Design Systems (CDNS)?

The new Compensation Committee member is director Dr. Luc Van den hve. He was previously appointed to the Cadence board effective January 1, 2026, and has now been formally assigned to this key committee.

When did the Cadence (CDNS) board appoint Dr. Luc Van den hve to the Compensation Committee?

The Cadence board designated Dr. Luc Van den hve as a Compensation Committee member on May 7, 2026. His appointment to the board itself had been effective January 1, 2026, with the committee role decided later.

Does this Cadence (CDNS) 8-K/A amend any information beyond the committee assignment?

The amendment only updates Dr. Luc Van den hve’s committee assignment. Cadence states that other than providing this new Compensation Committee disclosure, no other information from the original current report has been changed.

Who signed this Cadence Design Systems (CDNS) 8-K/A amendment?

The amendment was signed on behalf of Cadence Design Systems by Marc Taxay. He serves as Senior Vice President, General Counsel and Corporate Secretary, and executed the report dated May 11, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/11/2026 - 06:12 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT PURSUANT TO

SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): November 17, 2025

CADENCE DESIGN SYSTEMS, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware

000-15867

00-0000000

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(I.R.S. Employer
Identification No.)

2655 Seely Avenue, San Jose, California 95134

(Address of Principal Executive Offices) (Zip Code)

(408) 943-1234

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 par value per share

CDNS

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) As previously reported in a Form 8-K filed with the Securities and Exchange Commission on November 17, 2025 (the “Original Filing”) by Cadence Design Systems, Inc. (“Cadence”), the Board of Directors (the “Board”) of Cadence appointed Dr. Luc Van den hove as a director of Cadence, effective January 1, 2026. At the time of the Original Filing, the Board had not determined Dr. Van den hove’s committee assignment. Cadence is filing this Form 8-K/A to report that on May 7, 2026, the Board designated Dr. Van den hove as a member of the Compensation Committee of the Board, effective as of such date.

Other than providing the preceding disclosure, no other disclosure reported in the Original Filing is amended by this Form 8-K/A.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 11, 2026


CADENCE DESIGN SYSTEMS, INC.

By:						/s/ Marc Taxay
						Marc Taxay
						Senior Vice President, General Counsel and Corporate Secretary

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents