Cadence director granted stock, gifts 1,558 shares
Cadence Design Systems director James D. Plummer reported routine equity compensation and gifts of stock.
Rhea-AI Filing Summary
Cadence Design Systems director James D. Plummer reported routine equity compensation and gifts of stock. He received a grant of 714 shares of common stock at no cost as a restricted stock award that fully vests on the earlier of the first anniversary of the grant date or the next annual stockholder meeting.
Plummer also made two bona fide gifts totaling 1,558 shares of common stock, affecting both his direct holdings and shares held through the Plummer Family Trust. After these transactions, he holds 3,120 shares directly and 24,775 shares indirectly through the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,558 shares gifted
Gift
3 txns
Insider
PLUMMER JAMES D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 779 | $0.00 | $0.00 |
| Gift | Common Stock | 779 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 714 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 24,775 shares (Indirect, Held by Trust);
Common Stock — 3,120 shares (Direct)
Footnotes (3)
- F1. Shares transferred from the Reporting Person to Plummer Family Trust.
- F2. Shares held by the Plummer Family Trust.
- F3. 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
Gifted shares total: 1,558 shares
Direct holdings after transactions: 2,406 shares
+2 more
5 metrics
Restricted stock award
714 shares
Common Stock grant at $0.00 per share on May 7, 2026
Gifted shares total
1,558 shares
Two bona fide gifts of 779 shares each of Common Stock
Direct holdings after transactions
2,406 shares
Common Stock directly owned following gift transfer on May 7, 2026
Indirect trust holdings after transactions
24,775 shares
Common Stock held indirectly, nature of ownership ‘Held by Trust’
Award vesting condition
Earlier of 1 year or next meeting
Restricted stock vests on first anniversary of grant date or next annual stockholder meeting
Key Terms
Restricted stock award, Bona fide gift, Plummer Family Trust, Indirect ownership, +1 more
5 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.
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.
Plummer Family Trust financial
"Shares transferred from the Reporting Person to Plummer Family Trust."
Indirect ownership financial
""direct_or_indirect": "I","nature_of_ownership": "Held by Trust""
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 insider transactions did James D. Plummer report at CADENCE DESIGN SYSTEMS INC (CDNS)?
James D. Plummer reported one stock award and two gifts. He received 714 shares of common stock as a restricted stock grant and made two bona fide gifts totaling 1,558 shares affecting both direct and trust-held positions.
What are James D. Plummer’s CADENCE DESIGN SYSTEMS INC (CDNS) holdings after these transactions?
Following the reported transactions, he directly holds 2,406 shares of Cadence common stock. Indirectly, through the Plummer Family Trust, he is reported as holding an additional 24,775 shares of common stock.
How is the Plummer Family Trust involved in the CADENCE DESIGN SYSTEMS INC (CDNS) Form 4?
The filing notes shares held by the Plummer Family Trust and a transfer to it. One transaction reflects shares transferred from James D. Plummer to the trust, and another references shares held by the Plummer Family Trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
