Cadence SVP granted 8,366 restricted shares

Taxay Marc reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 03/18/2026 - 07:55 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Taxay Marc reported acquisition or exercise transactions in this Form 4 filing.

CADENCE DESIGN SYSTEMS INC SVP & General Counsel Marc Taxay received an equity grant of 8,366 shares of common stock on March 16, 2026. The Form 4 describes this transaction as a grant or award, with no purchase price paid for the shares.

Following this award, Taxay directly holds 18,965 shares of Cadence common stock. A footnote clarifies that the transaction represents a grant of restricted stock units, reflecting routine equity-based executive compensation rather than an open-market share purchase or sale.

Insider Trade Summary

Grant/Award: 8,366 shares

Grant/Award 1 txn

Insider Taxay Marc

Role SVP & General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,366	$0.00	$0.00

Holdings After Transaction: Common Stock — 18,965 shares (Direct)

Holdings Before and After: Common Stock, 10,599 to 18,965 shares (Direct)

Footnotes (1)

1. F1. Grant of Restricted Stock Units.

FAQ

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

What insider transaction did CDNS SVP Marc Taxay report on this Form 4?

Marc Taxay reported receiving a grant of 8,366 shares of Cadence Design Systems common stock. The transaction is classified as a grant or award, indicating equity compensation rather than an open-market trade, and is footnoted as a grant of restricted stock units.

How many CDNS shares does Marc Taxay hold after this reported grant?

After the reported equity grant, Marc Taxay directly holds 18,965 shares of Cadence Design Systems common stock. This figure reflects his position immediately following the 8,366-share award disclosed in the Form 4 insider transaction filing.

Was the Cadence Design Systems insider transaction a purchase or a grant?

The transaction was a grant, not a purchase. The Form 4 uses transaction code A for a grant, award, or other acquisition and shows a price per share of zero, indicating the 8,366 Cadence Design Systems shares were received as equity compensation.

What type of equity did CDNS grant to Marc Taxay in this filing?

The equity was granted as restricted stock units. A footnote explicitly states this is a grant of Restricted Stock Units, meaning the 8,366 reported Cadence Design Systems common shares represent RSUs awarded as part of executive compensation rather than cash-based purchases.

When did the reported CDNS insider equity grant to Marc Taxay occur?

The equity grant to Marc Taxay occurred on March 16, 2026. On that date, he was awarded 8,366 Cadence Design Systems common shares in the form of restricted stock units, as disclosed in the Form 4 insider transaction report filed for this event.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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^*

Taxay Marc

(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)
	SVP & General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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	03/16/2026		A		8,366(1)	A	$0	18,965	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. Grant of Restricted Stock Units.

Remarks:

	/s/ Ahalya Hildreth, Attorney-in-Fact for Marc Taxay	03/18/2026
	** 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)