Cadence SVP has 1,181 shares withheld for taxes

Cadence Design Systems’ senior vice president had shares withheld for taxes on RSU vesting, with direct holdings now at 120,612 shares.

Rhea-AI Filing Summary

CADENCE DESIGN SYSTEMS INC (CDNS) reported that Sr. Vice President Paul Cunningham had 1,181 shares of common stock withheld on September 17, 2026 to satisfy tax obligations arising from the vesting of Restricted Stock Units. After this tax-withholding disposition, he directly holds 120,612 shares of Cadence common stock. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Tax Withholding: 1,181 shares

Tax Withholding 1 txn

Insider Cunningham Paul

Role Sr. Vice President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	1,181	$280.76	$332K

Holdings After Transaction: Common Stock — 120,612 shares (Direct)

Footnotes (1)

1. F1. Shares withheld to satisfy tax obligations arising out of vesting of Restricted Stock Unit.

Key Figures

Shares withheld for tax: 1,181 shares Price per share for tax-withholding entry: $280.76 per share Direct holdings after transaction: 120,612 shares

3 metrics

Shares withheld for tax 1,181 shares Common stock withheld on September 17, 2026 to satisfy tax obligations on RSU vesting

Price per share for tax-withholding entry $280.76 per share Value attributed to the 1,181 withheld shares in the Form 4

Direct holdings after transaction 120,612 shares Paul Cunningham’s direct Cadence common stock holdings following the September 17, 2026 transaction

Key Terms

Restricted Stock Unit, withheld to satisfy tax obligations, Payment of tax liability by delivering or withholding securities

3 terms

Restricted Stock Unit financial

"Shares withheld to satisfy tax obligations arising out of vesting of Restricted Stock Unit"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

withheld to satisfy tax obligations financial

"Shares withheld to satisfy tax obligations arising out of vesting"

Payment of tax liability by delivering or withholding securities financial

"transaction described as Payment of tax liability by delivering or withholding securities"

FAQ

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

What insider transaction did Cadence Design Systems (CDNS) report for Paul Cunningham?

Cadence reported that Sr. Vice President Paul Cunningham had 1,181 shares of common stock withheld on September 17, 2026 to pay tax obligations from vesting Restricted Stock Units.

How many CDNS shares were involved in Paul Cunningham’s latest Form 4 filing?

The filing shows 1,181 shares of Cadence common stock were withheld as a payment of tax liability related to the vesting of Restricted Stock Units.

What is Paul Cunningham’s direct CDNS shareholding after this transaction?

Following the tax-withholding disposition, Paul Cunningham directly holds 120,612 shares of Cadence Design Systems common stock, as reported in the Form 4.

Was Paul Cunningham’s CDNS transaction part of a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for this transaction.

Was the CDNS insider transaction a market sale or a tax withholding?

It was a tax-withholding disposition. The 1,181 shares of Cadence common stock were withheld to satisfy tax obligations arising from the vesting of Restricted Stock Units, not an open-market sale.

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

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Available on EDGAR 09/21/2026 - 05:22 PM Accepted by SEC EDGAR 09/21/2026 - 05:20 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cunningham Paul

(Last) (First) (Middle)

2655 SEELY AVENUE

BUILDING 5

(Street)

SAN JOSE CALIFORNIA 95134

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CADENCE DESIGN SYSTEMS INC [ CDNS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/17/2026		F		1,181(1)	D	$280.76	120,612	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld to satisfy tax obligations arising out of vesting of Restricted Stock Unit.

Remarks:

	/s/ Ahalya Hildreth, Attorney-in-Fact for Paul Cunningham	09/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)