Cadence Design Systems (CDNS) director makes 9-share charitable stock gift
Rhea-AI Filing Summary
Young Sohn, a director of Cadence Design Systems, transferred 9.0000 shares of common stock as a bona fide charitable gift on 2026-07-30. After the gift, the reporting person directly owns 15243.0000 shares. The transaction is reported at $0.0000 per share and is not pursuant to a Rule 10b5-1 plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9 shares
Net Sell
1 txn
Insider
SOHN YOUNG
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 9 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 15,243 shares (Direct)
Footnotes (1)
- F1. Shares transferred as a charitable gift by the Reporting Person.
Key Figures
Shares gifted: 9.0000 shares
Price per share: $0.0000
Shares owned after transaction: 15243.0000 shares
+2 more
5 metrics
Shares gifted
9.0000 shares
Bona fide charitable gift of common stock on 2026-07-30
Price per share
$0.0000
Reported transaction price per share for the charitable gift
Shares owned after transaction
15243.0000 shares
Direct ownership of common stock following the reported gift
Gift transactions reported
1
Number of gift transactions disclosed for this reporting person
Total gift shares in summary
9
Gift shares shown in the transaction summary for this Form 4
Key Terms
Bona fide gift, Rule 10b5-1 plan, non-derivative
3 terms
Bona fide gift regulatory
"Transaction code G is described as a bona fide gift of shares."
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.
Rule 10b5-1 plan regulatory
"The Rule 10b5-1 checkbox is unchecked for this reported transaction."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
non-derivative financial
"The 9-share transaction is reported as non-derivative common stock."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Cadence Design Systems (CDNS) director Young Sohn report?
Young Sohn reported a bona fide charitable gift of 9.0000 shares of Cadence Design Systems common stock on 2026-07-30. The filing classifies this as a non-derivative transaction coded "G" for a gift, not a market purchase or sale.
Was Young Sohn’s Cadence Design Systems (CDNS) stock gift made under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, so the 9.0000-share charitable gift is not reported as executed under a Rule 10b5-1 trading plan, but rather as a discretionary bona fide gift transaction.
What does transaction code "G" mean in Young Sohn’s Cadence Design Systems (CDNS) Form 4?
The transaction is coded "G" for bona fide gift, indicating the 9.0000 shares of Cadence Design Systems common stock were transferred as a charitable gift. This distinguishes the transfer from open-market buys or sells.
Does Young Sohn’s Cadence Design Systems (CDNS) Form 4 show any derivative security activity?
No. The report shows a single non-derivative transaction in common stock and a derivative summary with no listed positions or exercises. The only activity disclosed is the 9.0000-share charitable gift of common stock.