Cadence (NASDAQ: CDNS) director logs stock grant and 1,558-share gifts

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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 2,406 shares directly and 24,775 shares indirectly through the trust.

Insider Trade Summary

1,558 shares gifted

Mixed 3 txns

Insider PLUMMER JAMES D

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock	779	$0.00	--
Gift	Common Stock	779	$0.00	--
Grant/Award	Common Stock	714	$0.00	--

Holdings After Transaction: Common Stock — 2,406 shares (Direct, null); Common Stock — 24,775 shares (Indirect, Held by Trust)

Footnotes (1)

Shares transferred from the Reporting Person to Plummer Family Trust. Shares held by the Plummer Family Trust. 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.

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 05:21 PM

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^*

PLUMMER JAMES D

(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		G		779⁽¹⁾	D	$0	2,406	D
Common Stock	05/07/2026		G		779⁽¹⁾	A	$0	24,775	I	Held by Trust⁽²⁾
Common Stock	05/07/2026		A		714⁽³⁾	A	$0	3,120	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. Shares transferred from the Reporting Person to Plummer Family Trust.

2. Shares held by the Plummer Family Trust.

3. 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 James D. Plummer	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

FAQ

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.

How many CADENCE DESIGN SYSTEMS INC (CDNS) shares did James D. Plummer receive in the latest award?

He received 714 shares of Cadence common stock in a grant. The award is structured as restricted stock that vests on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders.

When do James D. Plummer’s new restricted CADENCE DESIGN SYSTEMS (CDNS) shares vest?

The restricted stock award fully vests on the earlier of two dates. Vesting occurs on the first anniversary of the grant date or on the date of the next annual stockholder meeting that follows the grant date.

How many CADENCE DESIGN SYSTEMS INC (CDNS) shares did James D. Plummer gift?

He made two bona fide gifts of common stock totaling 1,558 shares. These gifts involved both his directly held shares and shares associated with the Plummer Family Trust, as indicated by the ownership and footnote disclosures.

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.