Cadence director receives 714-share stock award

Cadence Design Systems director Young Sohn received a stock award.

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Form Type

Rhea-AI Filing Summary

Cadence Design Systems director Young Sohn received a stock award. On the reported date, Sohn acquired 714 shares of Cadence Design Systems common stock as a grant, at no cash cost per share. Following this award, Sohn directly holds 15,252 common shares.

The filing notes this restricted stock award will fully vest on the earlier of the first anniversary of the grant date or the next Annual Meeting of Stockholders after the grant date, tying the compensation to continued board service over that period.

Insider Trade Summary

Grant/Award: 714 shares

Grant/Award 1 txn

Insider SOHN YOUNG

Role Director

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

Holdings After Transaction: Common Stock — 15,252 shares (Direct)

Footnotes (1)

F1. 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.

Key Figures

Restricted stock award: 714 shares Grant price: $0.00 per share Post-transaction holdings: 15,252 shares

3 metrics

Restricted stock award 714 shares Grant of Cadence Design Systems common stock

Grant price $0.00 per share Reported price for restricted stock award

Post-transaction holdings 15,252 shares Direct common stock held by Young Sohn after grant

Key Terms

Restricted stock award, Annual Meeting of Stockholders, Common Stock

3 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 regulatory

"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.

FAQ

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

What did Cadence Design Systems (CDNS) director Young Sohn report in this Form 4?

Young Sohn reported receiving 714 shares of Cadence Design Systems common stock as a restricted stock award. The grant carried a zero dollar price per share and increased Sohn’s direct holdings to 15,252 common shares after the transaction.

Is the Young Sohn stock transaction in CDNS an open-market purchase or a grant?

The transaction is a grant, not an open-market purchase. The Form 4 classifies it as a grant or award acquisition, with 714 shares of Cadence Design Systems common stock received at a reported price of $0.00 per share as equity compensation.

How many Cadence Design Systems (CDNS) shares does Young Sohn own after this award?

After receiving the 714-share restricted stock award, Young Sohn directly holds 15,252 shares of Cadence Design Systems common stock. This total represents his direct ownership position following the reported grant, as disclosed in the Form 4 filing.

When does Young Sohn’s restricted stock award in CDNS vest?

The restricted stock award fully vests on the earlier of the first anniversary of the grant date or the next Annual Meeting of Stockholders after that date. This schedule links vesting to roughly one year of service or the upcoming shareholder meeting.

Does the Cadence Design Systems (CDNS) Form 4 indicate any stock sales by Young Sohn?

The Form 4 does not report any stock sales by Young Sohn. It shows a single acquisition transaction classified as a grant or award, covering 714 shares of common stock, with no dispositions or open-market sales listed in the filing.

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

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Accepted by SEC EDGAR 05/11/2026 - 05:21 PM EDT

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^*

SOHN YOUNG

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/07/2026		A		714⁽¹⁾	A	$0	15,252	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 Young K. Sohn	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)

Source: View Original Filing on SEC EDGAR