Cadence (CDNS) director Mark Adams gets 714-share grant and gifts 1,558 shares to family trust

Rhea-AI Filing Summary

CADENCE DESIGN SYSTEMS INC director Mark Adams reported stock awards and gifts involving company shares. On May 7, 2026, he received a grant of 714 shares of common stock at no cost as a restricted stock award that vests on the earlier of the first anniversary of the grant date or the next annual stockholder meeting.

On the same date, Adams made bona fide gifts totaling 1,558 shares of common stock. He transferred 779 directly held shares to the Adams Family Trust dated October 27, 2000, and another 779 shares are now shown as held by that trust, which holds 12,927 shares after the transactions.

Insider Trade Summary

1,558 shares gifted

Mixed 3 txns

Insider Adams Mark

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 — 0 shares (Direct, null); Common Stock — 12,927 shares (Indirect, Held by Trust)

Footnotes (1)

1. Shares transferred to the Adams Family Trust dated 10/27/2000. Shares held by the Adams Family Trust dated 10/27/2000. 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 grant: 714 shares Total gifted shares: 1,558 shares Single gift transfer: 779 shares +2 more

5 metrics

Restricted stock grant 714 shares Common stock awarded to Mark Adams on May 7, 2026

Total gifted shares 1,558 shares Bona fide gifts of common stock on May 7, 2026

Single gift transfer 779 shares Direct holding gifted and reduced to zero

Trust holdings after transactions 12,927 shares Common stock held by Adams Family Trust after May 7, 2026

Grant price per share $0.0000 per share No cash paid for 714-share restricted stock award

Key Terms

Restricted stock award, Bona fide gift, Adams Family Trust, Indirect ownership

4 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.

Adams Family Trust financial

"Shares transferred to the Adams Family Trust dated 10/27/2000."

Indirect ownership financial

""direct_or_indirect": "I","nature_of_ownership": "Held by Trust""

Form 4 Insider Transactions: What Each Field Means →

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^*

Adams Mark

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/07/2026		G		779(1)	D	$0	0	D
Common Stock	05/07/2026		G		779(1)	A	$0	12,927	I	Held by Trust(2)
Common Stock	05/07/2026		A		714(3)	A	$0	714	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 transferred to the Adams Family Trust dated 10/27/2000.

2. Shares held by the Adams Family Trust dated 10/27/2000.

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 Mark Adams	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)

FAQ

What insider transactions did Mark Adams report at Cadence Design Systems (CDNS)?

Mark Adams reported a grant of 714 shares of Cadence Design Systems common stock and bona fide gifts totaling 1,558 shares. The gifts moved shares into the Adams Family Trust while adding a new restricted stock award position for Adams personally.

How many Cadence Design Systems (CDNS) shares did Mark Adams receive in the latest grant?

Mark Adams received a grant of 714 shares of Cadence Design Systems common stock at no cost. This restricted stock award will fully vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders.

What is the vesting schedule for Mark Adams’ new Cadence Design Systems (CDNS) restricted stock award?

The 714-share restricted stock award for Mark Adams vests fully on the earlier of the first anniversary of the grant date or the date of the next annual stockholder meeting. This structure is typical for director equity compensation at many public companies.

How many Cadence Design Systems (CDNS) shares did Mark Adams gift to the Adams Family Trust?

Mark Adams reported bona fide gifts totaling 1,558 shares of Cadence Design Systems common stock. The filing notes that 779 directly held shares were transferred to the Adams Family Trust and the trust is now shown as holding 12,927 shares after these transfers.

Are Mark Adams’ Cadence Design Systems (CDNS) transactions open-market buys or sells?

No open-market buys or sells were reported. The Form 4 shows a grant of 714 restricted shares and bona fide gifts of 1,558 shares, mainly transferring ownership to the Adams Family Trust, rather than market purchases or sales of CDNS stock.