Cadence CFO has 983 shares withheld for taxes

Cadence Design Systems’ CFO had shares withheld to cover taxes from a vesting award, with 80,892 shares remaining directly held.

Available on EDGAR 09/17/2026 - 05:42 PM EDT Accepted by SEC EDGAR 09/17/2026 - 05:41 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

CADENCE DESIGN SYSTEMS INC (CDNS) reported that senior vice president and chief financial officer John M. Wall had 983 shares of common stock withheld on September 15, 2026 to satisfy tax obligations arising from the vesting of a Performance Stock Award. The shares were valued at $273.96 per share for this tax-withholding transaction, leaving him with 80,892 shares of common stock held directly after the event. No Rule 10b5‑1 trading plan is reported for this transaction.

Insider Trade Summary

Tax Withholding: 983 shares

Tax Withholding 1 txn

Insider WALL JOHN M

Role Sr. VP & CFO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	983	$273.96	$269K

Holdings After Transaction: Common Stock — 80,892 shares (Direct)

Holdings Before and After: Common Stock, 81,875 to 80,892 shares (Direct)

Footnotes (1)

1. F1. Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Award.

Key Figures

Shares withheld for tax obligations: 983 shares Per-share value for tax-withholding transaction: $273.96 per share Shares held after transaction: 80,892 shares +1 more

4 metrics

Shares withheld for tax obligations 983 shares Withheld on September 15, 2026 for tax obligations from vesting Performance Stock Award

Per-share value for tax-withholding transaction $273.96 per share Value applied to the 983 withheld shares on September 15, 2026

Shares held after transaction 80,892 shares CDNS common stock directly held by CFO John M. Wall after the transaction

Shares used for exercise price or tax liability events 983 shares Total shares in code F transactions in this Form 4

Key Terms

Performance Stock Award, Rule 10b5-1, tax-withholding disposition

3 terms

Performance Stock Award financial

"tax obligations arising out of vesting of Performance Stock Award"

Rule 10b5-1 regulatory

"No Rule 10b5‑1 trading plan is reported for this transaction"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

tax-withholding disposition financial

"had 983 shares of common stock withheld as a tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CDNS report for CFO John M. Wall?

CDNS reported that CFO John M. Wall had 983 shares of common stock withheld on September 15, 2026 to satisfy tax obligations from the vesting of a Performance Stock Award, a non-market disposition recorded as a tax-withholding transaction.

How many CDNS shares were involved in John M. Wall’s Form 4 transaction?

The Form 4 reports that 983 shares of Cadence Design Systems common stock were withheld from CFO John M. Wall to cover tax obligations related to a vesting Performance Stock Award.

At what price were the withheld CDNS shares valued in this Form 4?

The 983 shares withheld from CFO John M. Wall to satisfy tax obligations were valued at $273.96 per share, according to the Form 4 disclosure for Cadence Design Systems.

How many CDNS shares does John M. Wall hold after this reported transaction?

After the tax-withholding disposition of 983 shares, CFO John M. Wall directly holds 80,892 shares of Cadence Design Systems common stock, as reported in the Form 4.

Was John M. Wall’s CDNS transaction made under a Rule 10b5-1 plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for the September 15, 2026 tax-withholding transaction involving CFO John M. Wall.

What is the nature of the CDNS Form 4 transaction reported for John M. Wall?

The transaction is a tax-withholding disposition (code F) where 983 shares of CDNS common stock were withheld to satisfy tax obligations arising from the vesting of a Performance Stock Award, not an open-market sale or purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

WALL JOHN M

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. VP & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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	09/15/2026		F		983(1)	D	$273.96	80,892	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 withheld to satisfy tax obligations arising out of vesting of Performance Stock Award.

Remarks:

	/s/ Ahalya Hildreth, Attorney-in-Fact for John M. Wall	09/17/2026
	** 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)