CADENCE DESIGN SYSTEMS INC (CDNS) SVP donates 1,000 shares
Rhea-AI Filing Summary
CADENCE DESIGN SYSTEMS INC (CDNS) senior vice president Paul Cunningham reported a disposition of shares through a charitable transfer. On 2026-08-25 he made a bona fide gift of 1,000 shares of common stock at a reported price of $0.00 per share, leaving him with 123,586 shares of CDNS common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares
Net Sell
1 txn
Insider
Cunningham Paul
Role
Sr. Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 1,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 123,586 shares (Direct)
Footnotes (1)
- F1. Shares transferred as a charitable gift by the Reporting Person.
Key Figures
Shares gifted: 1,000 shares of Common Stock
Reported price per share: $0.00 per share
Shares owned after transaction: 123,586 shares of Common Stock
3 metrics
Shares gifted
1,000 shares of Common Stock
Bona fide gift on 2026-08-25
Reported price per share
$0.00 per share
Gift transaction on 2026-08-25
Shares owned after transaction
123,586 shares of Common Stock
Direct ownership following the 1,000-share gift
Key Terms
bona fide gift, charitable gift, reporting person
3 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
charitable gift financial
"Shares transferred as a charitable gift by the Reporting Person"
reporting person regulatory
"Shares transferred as a charitable gift by the Reporting Person"
FAQ
What did CDNS executive Paul Cunningham report on this Form 4?
He reported a bona fide charitable gift of 1,000 shares of CADENCE DESIGN SYSTEMS INC (CDNS) common stock on 2026-08-25, recorded at a price of $0.00 per share.
Was the CDNS Form 4 transaction a market sale or purchase?
No. The Form 4 describes the transaction as a bona fide gift of 1,000 shares of CADENCE DESIGN SYSTEMS INC (CDNS) common stock, not a market purchase or sale.
Does the Form 4 mention a trading plan for the CDNS transaction?
No. The filing’s Rule 10b5-1 checkbox is not checked, and the footnote describes the event solely as shares transferred as a charitable gift by the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.