Cadence (NASDAQ: CDNS) director receives 714-share restricted stock grant

Rhea-AI Filing Summary

CADENCE DESIGN SYSTEMS INC director Alberto Sangiovanni-Vincentelli received a new equity grant. He acquired 714 shares of Common Stock as a restricted stock award, with no cash paid per share. Following this award, he directly holds 42,044 shares of Cadence common stock.

The restricted stock fully vests on the earlier of the first anniversary of the grant date or the date of the next Annual Meeting of Stockholders after the grant date. Until vesting, the award is subject to service-based conditions tied to his role as a director.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SANGIOVANNI VINCENTELLI ALBERTO

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	714	$0.00	--

Holdings After Transaction: Common Stock — 42,044 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 714 shares Grant price: $0.00 per share Post-grant holdings: 42,044 shares +1 more

4 metrics

Restricted stock grant 714 shares Restricted stock award to director on reported grant date

Grant price $0.00 per share Price for the 714-share restricted stock award

Post-grant holdings 42,044 shares Total Common Stock directly held after the transaction

Vesting condition Earlier of 1-year anniversary or next Annual Meeting Vesting schedule for the restricted stock award

Key Terms

Restricted stock award, Annual Meeting of Stockholders, Common Stock, Grant, award, or other acquisition

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.

Annual Meeting of Stockholders financial

"the date of the next Annual Meeting of Stockholders that follows the Grant Date"

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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^*

SANGIOVANNI VINCENTELLI ALBERTO

(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		A		714(1)	A	$0	42,044	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. 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 Alberto Sangiovanni-Vincentelli	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 transaction did CADENCE DESIGN SYSTEMS (CDNS) report for Alberto Sangiovanni-Vincentelli?

CADENCE DESIGN SYSTEMS reported that director Alberto Sangiovanni-Vincentelli received a grant of 714 shares of Common Stock as a restricted stock award, with no purchase price. This compensation-related acquisition increased his direct holdings to 42,044 shares after the transaction.

How many CADENCE DESIGN SYSTEMS (CDNS) shares does Alberto Sangiovanni-Vincentelli hold after this Form 4?

After the reported grant, Alberto Sangiovanni-Vincentelli directly holds 42,044 shares of CADENCE DESIGN SYSTEMS Common Stock. This total includes the newly awarded 714 restricted shares, which were added to his existing director holdings according to the Form 4 disclosure.

What are the vesting terms of the 714 restricted stock award at CADENCE DESIGN SYSTEMS (CDNS)?

The 714-share restricted stock award fully vests on the earlier of the first anniversary of the grant date or the next Annual Meeting of Stockholders following the grant date. These terms tie vesting to time served and the company’s regular stockholder meeting cycle.

Did Alberto Sangiovanni-Vincentelli buy CADENCE DESIGN SYSTEMS (CDNS) shares on the open market?

No, the Form 4 shows a compensation grant, not an open-market purchase. The 714 shares were acquired through a restricted stock award at a price of $0.00 per share, classified as a grant or award acquisition rather than a market transaction.

Is the CADENCE DESIGN SYSTEMS (CDNS) Form 4 transaction a buy or a sale signal?

The transaction is an acquisition through a restricted stock grant, not a sale. It reflects routine equity compensation for a director, coded as a grant, award, or other acquisition, rather than an insider buying or selling shares in the open market.