Cadence Design Systems (CDNS) CFO records stock grant and tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cadence Design Systems Sr. VP & CFO John M. Wall reported routine share movements tied to equity compensation and taxes. On March 16, 2026, he received 15,616 shares of common stock as a grant of restricted stock units at no purchase price. Around the same time, a total of 24,684 shares were withheld on March 16 and 17 at prices around $293 per share to satisfy tax obligations from vesting performance-based and time-based stock awards, rather than being sold on the open market. After these transactions, Wall directly held 60,959 shares of Cadence common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
WALL JOHN M
Role
Sr. VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,867 | $293.75 | $842K |
| Tax Withholding | Common Stock | 19,516 | $292.72 | $5.71M |
| Tax Withholding | Common Stock | 2,301 | $292.72 | $674K |
| Grant/Award | Common Stock | 15,616 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 60,959 shares (Direct)
Footnotes (1)
- Shares withheld to satisfy tax obligations arising out of vesting of Performance-Based Restricted Stock Units that have met the performance criteria. Amount of securities beneficially owned includes 70 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 30, 2026. Shares withheld to satisfy tax obligations arising out of vesting of Performance-Based Incentive Stock Awards. Grant of Restricted Stock Units. Shares withheld to satisfy tax obligations arising out of vesting of Restricted Stock Units.
FAQ
What insider transactions did Cadence Design Systems (CDNS) report for John M. Wall?
Cadence Design Systems reported that Sr. VP & CFO John M. Wall received 15,616 shares as a restricted stock unit grant and had 24,684 shares withheld to cover tax obligations from vesting equity awards, leaving him with 60,959 directly held shares.
Were the Cadence Design Systems (CDNS) insider transactions open-market buys or sells?
The reported Cadence Design Systems transactions were not open-market trades. They were tax-withholding dispositions, where 24,684 shares were delivered back to cover tax liabilities from vesting equity awards, plus a 15,616-share restricted stock grant received as compensation.
What types of equity awards were involved in the Cadence Design Systems (CDNS) Form 4?
The Form 4 shows vesting of Performance-Based Restricted Stock Units, Performance-Based Incentive Stock Awards, and Restricted Stock Units at Cadence Design Systems, plus a new grant of 15,616 restricted stock units to John M. Wall, with shares withheld to satisfy related tax obligations.
Does the Cadence Design Systems (CDNS) Form 4 indicate net buying or selling by the CFO?
The Form 4 indicates a mix of award receipt and tax-withholding dispositions, not open-market buying or selling. John M. Wall received 15,616 shares as a grant and had 24,684 shares withheld for taxes, ending with 60,959 directly held shares overall.