[Form 4] CADENCE DESIGN SYSTEMS INC Insider Trading Activity

Rhea-AI Filing Summary

Cadence Design Systems (CDNS)11/17/2025, Senior Vice President Paul Scannell had 159 shares of common stock withheld in a transaction coded "F" at a price of $311.29 per share. This code indicates shares were withheld to cover tax obligations arising from the vesting of a restricted stock award, rather than an open-market sale. Following this tax-withholding event, Scannell directly beneficially owned 25,811 shares of Cadence Design Systems common stock.

11/19/2025 - 05:04 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
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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^*

Scannell Paul

(Last) (First) (Middle)

2655 SEELY AVENUE, BLDG. 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)
11/17/2025

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	11/17/2025		F		159(1)	D	$311.29	25,811	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 Restricted Stock Award.

Remarks:

	/s/ Ahalya Hildreth, Attorney-in-Fact for Paul Scannell	11/19/2025
	** 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 CDNS report for Paul Scannell on 11/17/2025?

Cadence Design Systems reported that Senior Vice President Paul Scannell had 159 shares of common stock withheld on 11/17/2025 in a transaction coded "F" at $311.29 per share.

What does transaction code "F" mean in the CDNS Form 4 filing?

The transaction code "F" indicates that 159 shares were withheld to satisfy tax obligations arising from the vesting of a Restricted Stock Award, rather than a discretionary sale.

How many CDNS shares does Paul Scannell own after the reported transaction?

After the tax-withholding transaction, Senior Vice President Paul Scannell directly beneficially owned 25,811 shares of Cadence Design Systems common stock.

Was the CDNS insider transaction part of a Rule 10b5-1 trading plan?

The form includes a checkbox for indicating activity under a Rule 10b5-1(c) plan, but the excerpt does not show this box as selected or referenced for the reported transaction.

Who signed the CDNS Form 4 for this insider transaction?

The Form 4 was signed by /s/ Ahalya Hildreth as Attorney-in-Fact for Paul Scannell, dated 11/19/2025.

What was the reason given for the CDNS share withholding in this Form 4?

The explanation states that the 159 shares were withheld to satisfy tax obligations arising out of the vesting of a Restricted Stock Award.