STOCK TITAN

Cadence Design Systems (CDNS) CFO sells 21,500 shares in planned trade

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Cadence Design Systems Inc senior vice president and CFO John M. Wall reported an open-market sale of common stock. On April 16, 2026, he sold 21,500 shares at an average price of $309.45 per share. After this transaction, he directly holds 86,875 shares of Cadence common stock. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan, indicating the transaction had been scheduled in advance rather than timed discretionarily.

Positive

  • None.

Negative

  • None.
Insider WALL JOHN M
Role Sr. VP & CFO
Sold 21,500 shs ($6.65M)
Type Security Shares Price Value
Sale Common Stock 21,500 $309.45 $6.65M
Holdings After Transaction: Common Stock — 86,875 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 21,500 shares Open-market sale of common stock on April 16, 2026
Sale price per share $309.45 per share Average price for the 21,500 shares sold
Shares held after transaction 86,875 shares Direct ownership by CFO after the sale
Transaction code S Sale in open market or private transaction
Trading plan type Rule 10b5-1 trading plan Plan under which the transaction was effected
Rule 10b5-1 Trading Plan regulatory
"The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Section 16 regulatory
"INSIDER FILING DATA (Form 4)"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
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.
SEC Form 4
FORM 4UNITED 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).
X
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*
WALL JOHN M

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. VP & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/16/2026S21,500(1)D$309.4586,875D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 5/6/2025 by the Reporting Person.
Remarks:
/s/ Ahalya Hildreth, Attorney-in-Fact for John M. Wall04/20/2026
** Signature of Reporting PersonDate
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 CDNS CFO John M. Wall report?

John M. Wall, CFO of Cadence Design Systems (CDNS), reported an open-market sale of 21,500 shares of common stock at $309.45 per share. This Section 16 filing discloses his most recent equity disposition as an executive officer.

How many CDNS shares did the CFO sell and at what price?

The CFO sold 21,500 Cadence Design Systems (CDNS) common shares at an average price of $309.45 each. This transaction reflects a planned sale of a defined share amount at a specific market price on the reported trade date.

How many Cadence Design Systems (CDNS) shares does the CFO still own?

Following the reported sale, the CFO directly holds 86,875 shares of Cadence Design Systems common stock. This post-transaction position shows he retains a substantial equity stake after the disclosed open-market disposition.

Was the CDNS CFO’s stock sale under a Rule 10b5-1 plan?

Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-schedule trades, reducing the significance of short-term market timing for this sale.

When did the CDNS insider transaction take place?

The insider transaction occurred on April 16, 2026, according to the Form 4. That date reflects when the 21,500 Cadence Design Systems common shares were sold in the open market under the previously adopted trading plan.