Cadence Design (NASDAQ: CDNS) SVP executes 1,000-share 10b5-1 stock sale

Rhea-AI Filing Summary

CADENCE DESIGN SYSTEMS INC senior vice president Paul Cunningham reported an open-market sale of 1,000 shares of common stock at $297.78 per share. The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025, and left him with 94,137 directly held shares.

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)
03/02/2026

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	03/02/2026		S		1,000(1)	D	$297.78	94,137	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.

Remarks:

	/s/ Ahalya Hildreth, Attorney-in-Fact for Paul Cunningham	03/04/2026
	** 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 INC (CDNS) report for Paul Cunningham?

CADENCE DESIGN SYSTEMS INC reported that Sr. Vice President Paul Cunningham sold 1,000 shares of common stock. The shares were sold in an open-market transaction at $297.78 per share, as disclosed in a Form 4 insider trading report.

At what price did Paul Cunningham sell CADENCE DESIGN SYSTEMS (CDNS) shares?

Paul Cunningham sold CADENCE DESIGN SYSTEMS common stock at $297.78 per share. This price reflects the transaction value reported for the 1,000 shares sold in the open market on March 2, 2026, according to the Form 4 filing.

How many CADENCE DESIGN SYSTEMS (CDNS) shares does Paul Cunningham hold after this sale?

After the reported sale, Paul Cunningham directly holds 94,137 shares of CADENCE DESIGN SYSTEMS common stock. This post-transaction balance is disclosed in the Form 4 and reflects his remaining direct ownership following the 1,000-share sale.

Was the CADENCE DESIGN SYSTEMS (CDNS) insider sale under a Rule 10b5-1 plan?

Yes, the insider sale was executed under a Rule 10b5-1 trading plan. The footnote states the plan was adopted on March 14, 2025, allowing pre-scheduled trades to occur regardless of later possession of material nonpublic information.

What type of transaction did Paul Cunningham report for CADENCE DESIGN SYSTEMS (CDNS)?

The transaction was an open-market sale of common stock, coded “S” on Form 4. This indicates a sale in the open market or a private transaction, specifically 1,000 shares sold at $297.78 per share on March 2, 2026.

Does the Form 4 show CADENCE DESIGN SYSTEMS (CDNS) insider as a direct owner?

Yes, the Form 4 shows Paul Cunningham as a direct owner of the shares. The ownership code is listed as “D” for direct, and the nature of ownership does not reference any intermediary entities such as trusts or family partnerships.