Form 4: CDNS insider Paul Cunningham reports 1,000‑share charitable gift

Rhea-AI Filing Summary

Paul Cunningham, Senior Vice President at Cadence Design Systems (CDNS), reported a non‑derivative transaction on 08/18/2025 transferring 1,000 shares of Cadence common stock as a charitable gift. The report shows 1,000 shares disposed at $0, reflecting a gift, leaving the reporting person with 103,499 shares beneficially owned in a direct form. The Form 4 was signed by an attorney‑in‑fact on 08/20/2025. The filing indicates the transaction code G and identifies the reporting person as an officer (Sr. Vice President) filing individually.

Positive

• Charitable transfer disclosed: The 1,000‑share gift is explicitly reported, showing transparency in insider activity.
• Timely and properly executed filing: Form 4 was signed by attorney‑in‑fact and includes transaction code and post‑transaction ownership.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Officer reported a charitable transfer of 1,000 shares; filing shows compliance and no indication of compensation exercise.

The Form 4 documents a voluntary transfer of 1,000 shares under transaction code G, which denotes a gift. The filing provides key ownership figures before and after the transfer only by showing the post‑transaction beneficial ownership of 103,499 shares. From a governance and disclosure perspective, the reporting is appropriate and timely, signed by an attorney‑in‑fact. The filing does not disclose any associated derivative transactions or sales for consideration.

Securities/Compliance Analyst

TL;DR: This is a routine Section 16 disclosure of a charitable gift; it appears administratively complete and low investor impact.

The transaction code used is G and the price is listed as $0, consistent with a charitable gift rather than a market sale. The Form 4 lists the reporter as filing individually and identifies the reporting person as Sr. Vice President. There are no derivative holdings or additional dispositions noted on this form. Materiality to shareholders is limited to the reported change in beneficial ownership.

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^*

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)
08/18/2025

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	08/18/2025		G		1,000(1)	D	$0	103,499	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 as a charitable gift by the Reporting Person.

Remarks:

	/s/ Ahalya Hildreth, Attorney-in-Fact for Paul Cunningham	08/20/2025
	** 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 did Paul Cunningham report on Form 4 for CDNS?

He reported a disposition of 1,000 shares on 08/18/2025 listed as a charitable gift (transaction code G) and retained 103,499 shares beneficially.

Was there a sale price for the 1,000 shares on the Form 4?

No. The price is listed as $0, indicating the shares were transferred as a charitable gift.

What is the reporting person's role at Cadence (CDNS)?

The Form 4 identifies the reporting person as an Officer with the title Sr. Vice President and the filing was made by one reporting person.

When was the Form 4 signed and who signed it?

The form bears a signature line showing it was signed by Ahalya Hildreth, Attorney‑in‑Fact for Paul Cunningham on 08/20/2025.

Does the Form 4 show any derivative transactions for Paul Cunningham?

No. Table II for derivative securities contains no entries; only a non‑derivative disposition is reported.