Cadence (NASDAQ: CDNS) director granted 714 restricted stock award

Rhea-AI Filing Summary

CADENCE DESIGN SYSTEMS INC director Moshe Gavrielov received an equity grant of company stock. On May 7, 2026, he acquired 714 shares of Cadence common stock at a price of $0.00 per share as a restricted stock award. The award fully vests on the earlier of the first anniversary of the grant date or the date of the next Annual Meeting of Stockholders that follows the grant date. After this grant, Gavrielov directly holds 1,819 Cadence shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GAVRIELOV MOSHE

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	714	$0.00	--

Holdings After Transaction: Common Stock — 1,819 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted shares granted: 714 shares Grant price: $0.00 per share Shares held after grant: 1,819 shares +2 more

5 metrics

Restricted shares granted 714 shares Common Stock grant on May 7, 2026

Grant price $0.00 per share Equity compensation, not open-market purchase

Shares held after grant 1,819 shares Total direct holdings following transaction

Vesting trigger 1 First anniversary of Grant Date Full vesting condition for restricted stock award

Vesting trigger 2 Next Annual Meeting date Alternative full vesting condition tied to shareholder meeting

Key Terms

Restricted stock award, Annual Meeting of Stockholders, Common Stock, Grant Date

4 terms

Restricted stock award financial

"Restricted stock award fully vests on the earlier to occur of (i) the first anniversary of the Grant Date"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

Annual Meeting of Stockholders financial

"the date of the next Annual Meeting of Stockholders that follows the Grant Date"

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant Date financial

"the first anniversary of the Grant Date and (ii) the date of the next Annual Meeting"

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

Form 4 Insider Transactions: What Each Field Means →

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^*

GAVRIELOV MOSHE

(Last) (First) (Middle)

2655 SEELY AVENUE, BLDG. 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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	05/07/2026		A		714(1)	A	$0	1,819	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. Restricted stock award fully vests on the earlier to occur of (i) the first anniversary of the Grant Date and (ii) the date of the next Annual Meeting of Stockholders that follows the Grant Date.

Remarks:

	/s/ Ahalya Hildreth Attorney-in-Fact for Moshe Gavrielov	05/11/2026
	** 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)

FAQ

What insider transaction did Cadence (CDNS) report for Moshe Gavrielov?

Cadence reported that director Moshe Gavrielov received a grant of 714 shares of common stock as a restricted stock award. The shares were issued at no cash cost to him and increase his direct holdings in the company.

How many Cadence (CDNS) shares did Moshe Gavrielov receive in this Form 4?

Moshe Gavrielov received 714 shares of Cadence common stock through a restricted stock award. This is an equity compensation grant rather than an open-market purchase and forms part of his overall director compensation package at the company.

What is the vesting schedule for Moshe Gavrielov’s Cadence restricted stock award?

The restricted stock award to Moshe Gavrielov fully vests on the earlier of the first anniversary of the grant date or the date of the next Annual Meeting of Stockholders after the grant. This ties vesting to either time served or the company’s next shareholder meeting.

Did Moshe Gavrielov pay cash for the 714 Cadence (CDNS) shares?

No, Moshe Gavrielov did not pay cash for these shares. The Form 4 shows a transaction price of $0.00 per share, indicating they were granted as a restricted stock award rather than purchased on the open market.

How many Cadence shares does Moshe Gavrielov hold after this restricted stock grant?

Following the grant, Moshe Gavrielov directly holds 1,819 shares of Cadence common stock. This total includes the newly awarded 714 restricted shares, which will fully vest based on the time or meeting conditions described in the award terms.

Is Moshe Gavrielov’s Cadence restricted stock award linked to the next Annual Meeting of Stockholders?

Yes. The award fully vests on the earlier of one year from the grant date or the date of the next Cadence Annual Meeting of Stockholders. This structure means vesting is closely connected to the company’s regular shareholder meeting schedule.