STOCK TITAN

Cadence (CDNS) Sr. VP trades 1,000 shares at $295.09 in 10b5-1 sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Cadence Design Systems Sr. Vice President Paul Cunningham reported a pre-planned stock sale. On 02/02/2026, he sold 1,000 shares of Cadence common stock at $295.09 per share under a Rule 10b5-1 trading plan adopted on 03/14/2025.

After this transaction, Cunningham beneficially owns 95,137 Cadence shares directly, which includes 70 shares acquired through the Employee Stock Purchase Plan on January 30, 2026. This filing reflects a routine insider transaction executed pursuant to an established trading plan.

Positive

  • None.

Negative

  • None.
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).
X
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*
Cunningham Paul

(Last) (First) (Middle)
2655 SEELY AVENUE
BUILDING 5

(Street)
SAN JOSE CA 95134

(City) (State) (Zip)
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. Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/02/2026 S 1,000(1) D $295.09 95,137(2) 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. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 3/14/2025 by the Reporting Person.
2. Amount of securities beneficially owned includes 70 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 30, 2026.
Remarks:
/s/ Ahalya Hildreth, Attorney-in-Fact for Paul Cunningham 02/04/2026
** 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.

FAQ

What insider transaction did Cadence Design Systems (CDNS) report for Paul Cunningham?

Cadence Design Systems reported that Sr. Vice President Paul Cunningham sold 1,000 shares of common stock. The sale occurred on February 2, 2026, at a price of $295.09 per share under a pre-established Rule 10b5-1 trading plan adopted on March 14, 2025.

How many Cadence (CDNS) shares does Paul Cunningham own after this Form 4?

After the reported transaction, Paul Cunningham beneficially owns 95,137 shares of Cadence common stock directly. This total includes 70 shares he acquired through the company’s Employee Stock Purchase Plan on January 30, 2026, as disclosed in the filing’s explanatory footnotes.

Was the Cadence (CDNS) insider sale by Paul Cunningham under a Rule 10b5-1 plan?

Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Paul Cunningham on March 14, 2025. Such plans allow preset trading instructions, helping insiders trade shares according to predetermined parameters rather than discretionary timing decisions.

What price did Paul Cunningham receive per share in the Cadence (CDNS) stock sale?

Paul Cunningham sold 1,000 shares of Cadence common stock at a price of $295.09 per share. This reported price reflects the transaction value for the sale executed on February 2, 2026, as recorded in the non-derivative securities table of the insider filing.

What is Paul Cunningham’s role at Cadence Design Systems (CDNS) according to the filing?

According to the Form 4, Paul Cunningham is an officer of Cadence Design Systems serving as Sr. Vice President. He is not listed as a director or 10% owner, and the form is filed as an individual reporting person rather than a joint or group filing.

Does the Cadence (CDNS) Form 4 mention shares acquired through an Employee Stock Purchase Plan?

Yes. A footnote explains that the amount of securities beneficially owned includes 70 shares acquired by Paul Cunningham through the Employee Stock Purchase Plan on January 30, 2026. These shares are part of his total directly owned 95,137 Cadence shares after the reported sale.
Cadence Design System Inc

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