Cadence Design Systems (CDNS) director Young Sohn makes bona fide 72-share gift

Rhea-AI Filing Summary

CADENCE DESIGN SYSTEMS INC director Young Sohn reported a charitable transfer of 72 shares of common stock as a bona fide gift. The shares were valued at a reported transaction price of $354.90 per share. After the gift, Sohn directly holds 14,538 shares of Cadence Design Systems common stock.

Insider Trade Summary

72 shares gifted

Mixed 1 txn

Insider SOHN YOUNG

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock	72	$354.90	$26K

Holdings After Transaction: Common Stock — 14,538 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares gifted: 72 shares Reported transaction price: $354.90 per share Shares held after transaction: 14,538 shares +1 more

4 metrics

Shares gifted 72 shares Bona fide charitable gift on May 6, 2026

Reported transaction price $354.90 per share Value used for the 72-share gift

Shares held after transaction 14,538 shares Young Sohn direct ownership post-gift

Gift transactions count 1 transaction Summary of gift dispositions in this Form 4

Key Terms

bona fide gift, Form 4, charitable gift

3 terms

bona fide gift financial

"The transaction code description is “Bona fide gift” for this transfer."

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4) describes this insider transaction."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

charitable gift financial

"Shares transferred as a charitable gift by the Reporting Person."

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^*

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)
05/06/2026

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	05/06/2026		G		72(1)	D	$354.9	14,538	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. Shares transferred as a charitable gift by the Reporting Person.

Remarks:

	/s/ Ahalya Hildreth, Attorney-in-Fact for Young K. Sohn	05/08/2026
	** 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 did Young Sohn report in this Cadence Design Systems (CDNS) Form 4?

Young Sohn reported transferring shares of Cadence Design Systems common stock as a bona fide gift. The filing shows a disposition of 72 shares recorded as a charitable gift, rather than an open-market sale or purchase, and updates his remaining direct ownership position accordingly.

How many Cadence Design Systems (CDNS) shares did Young Sohn gift?

Young Sohn gifted 72 shares of Cadence Design Systems common stock. The transaction used a reported price of $354.90 per share for Form 4 reporting purposes, reflecting the value of the shares at the time of the charitable transfer disclosed in the filing.

What does “bona fide gift” mean in the CDNS Form 4 for Young Sohn?

A “bona fide gift” in this Form 4 indicates the shares were transferred without payment, as a genuine gift. The footnote clarifies the 72 shares were transferred as a charitable gift by Young Sohn, distinguishing it from market trades or compensation-related transactions.

How many Cadence Design Systems (CDNS) shares does Young Sohn hold after the gift?

After the reported charitable gift, Young Sohn directly holds 14,538 shares of Cadence Design Systems common stock. This post-transaction figure, shown in the Form 4, represents his remaining direct ownership following the 72-share bona fide gift disposition.

Was Young Sohn’s Cadence Design Systems (CDNS) transaction a market sale?

No, the transaction was not a market sale. The Form 4 uses transaction code G and describes the event as a bona fide gift, with a footnote confirming the shares were transferred as a charitable gift rather than sold on the open market for cash proceeds.