AG˹ٷ

STOCK TITAN

[Form 4] Cadence Design Systems Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Paul Scannell, Senior Vice President and director at Cadence Design Systems (CDNS), reported two stock dispositions tied to tax withholding on vested restricted stock awards. On 08/15/2025 he disposed of 274 shares at an indicated price of $349.88, leaving 26,770 shares beneficially owned. On 08/18/2025 he disposed of 181 shares at $356.25, leaving 26,589 shares beneficially owned. The filing explains the shares were withheld to satisfy tax obligations arising from vesting. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Scannell on 08/19/2025.

Paul Scannell, Senior Vice President e direttore di Cadence Design Systems (CDNS), ha segnalato due cessioni di azioni effettuate per il pagamento delle imposte sulle restricted stock maturate. Il 15/08/2025 ha ceduto 274 azioni a un prezzo indicativo di $349,88, mantenendo la proprietà beneficiaria di 26.770 azioni. Il 18/08/2025 ha ceduto 181 azioni a $356,25, restando titolare beneficiario di 26.589 azioni. Il deposito specifica che le azioni sono state trattenute per soddisfare obblighi fiscali derivanti dalla maturazione. Il Modulo 4 è stato firmato da un procuratore per conto del signor Scannell il 19/08/2025.

Paul Scannell, vicepresidente senior y director en Cadence Design Systems (CDNS), informó dos disposiciones de acciones vinculadas a la retención fiscal sobre restricted stock que vencieron. El 15/08/2025 dispuso de 274 acciones a un precio indicado de $349,88, quedando con 26.770 acciones en propiedad beneficiaria. El 18/08/2025 dispuso de 181 acciones a $356,25, quedando con 26.589 acciones como beneficiario. La presentación explica que las acciones se retuvieron para cubrir obligaciones fiscales derivadas del vencimiento. El Formulario 4 fue firmado por un apoderado en nombre del Sr. Scannell el 19/08/2025.

Paul Scannell� Cadence Design Systems(CDNS)� 수석 부사장 � 이사로서, 베스팅된 제한주식� 세금 원천징수와 관련된 주식 처분 � 건을 보고했습니다. 2025-08-15274�� 표시 가� $349.88� 처분하여, 26,770�� 계속 보유했습니다. 2025-08-18에는 181�$356.25� 처분하여, 최종적으� 26,589�� 수익� 소유� 유지했습니다. 신고서에� 베스팅으� 발생� 세금 의무� 충당하기 위해 주식� 원천징수되었다고 설명되어 있습니다. Form 4� 2025-08-19� Scannell 씨를 대신해 대리인� 서명했습니다.

Paul Scannell, vice‑président senior et administrateur de Cadence Design Systems (CDNS), a déclaré deux cessions d'actions liées à la retenue fiscale sur des restricted stock arrivées à échéance. Le 15/08/2025, il a cédé 274 actions à un prix indiqué de 349,88 $, conservant 26 770 actions en propriété bénéficiaire. Le 18/08/2025, il a cédé 181 actions à 356,25 $, restant titulaire bénéficiaire de 26 589 actions. Le dépôt précise que les actions ont été retenues pour satisfaire les obligations fiscales liées au vesting. Le formulaire 4 a été signé par un mandataire pour le compte de M. Scannell le 19/08/2025.

Paul Scannell, Senior Vice President und Direktor bei Cadence Design Systems (CDNS), meldete zwei Aktienveräußerungen im Zusammenhang mit der Steuerabführung auf verfallene Restricted Stock. Am 15.08.2025 veräußerte er 274 Aktien zu einem angegebenen Preis von $349,88 und hielt danach 26.770 Aktien weiterhin als wirtschaftlicher Eigentümer. Am 18.08.2025 veräußerte er 181 Aktien zu $356,25 und verblieben ihm 26.589 Aktien. Die Meldung erklärt, dass die Aktien zur Erfüllung steuerlicher Verpflichtungen aus der Vesting-Periode einbehalten wurden. Das Formular 4 wurde am 19.08.2025 von einem Bevollmächtigten für Herrn Scannell unterzeichnet.

Positive
  • Transparent disclosure of transaction dates, share amounts, prices, and explanation that disposals were for tax withholding
  • Compliance with Section 16 reporting: Form 4 filed and signed by attorney-in-fact, indicating procedural adherence
Negative
  • None.

Insights

TL;DR: Routine insider tax-withholding share disposals; immaterial to company fundamentals.

The transactions represent small-scale share disposals driven by tax withholding on vested restricted stock awards rather than open-market selling for liquidity or strategic reasons. Sizes�274 and 181 shares—are minor relative to institutional float and the reported remaining beneficial ownership (26,770 and 26,589 shares). Sale prices shown ($349.88 and $356.25) merely reflect withholding mechanics, not necessarily market-driven intent. Impact on investors and capitalization is negligible.

TL;DR: Disclosure is standard and complies with Section 16 reporting requirements.

The Form 4 discloses the nature of the dispositions as tax-withholding related to RSU vesting and includes transaction dates, share amounts, and prices. The filing was executed by an attorney-in-fact and lists the reporting persons positions with the issuer, supporting transparency. No indications of unusual trading patterns or governance concerns are present within the disclosed items.

Paul Scannell, Senior Vice President e direttore di Cadence Design Systems (CDNS), ha segnalato due cessioni di azioni effettuate per il pagamento delle imposte sulle restricted stock maturate. Il 15/08/2025 ha ceduto 274 azioni a un prezzo indicativo di $349,88, mantenendo la proprietà beneficiaria di 26.770 azioni. Il 18/08/2025 ha ceduto 181 azioni a $356,25, restando titolare beneficiario di 26.589 azioni. Il deposito specifica che le azioni sono state trattenute per soddisfare obblighi fiscali derivanti dalla maturazione. Il Modulo 4 è stato firmato da un procuratore per conto del signor Scannell il 19/08/2025.

Paul Scannell, vicepresidente senior y director en Cadence Design Systems (CDNS), informó dos disposiciones de acciones vinculadas a la retención fiscal sobre restricted stock que vencieron. El 15/08/2025 dispuso de 274 acciones a un precio indicado de $349,88, quedando con 26.770 acciones en propiedad beneficiaria. El 18/08/2025 dispuso de 181 acciones a $356,25, quedando con 26.589 acciones como beneficiario. La presentación explica que las acciones se retuvieron para cubrir obligaciones fiscales derivadas del vencimiento. El Formulario 4 fue firmado por un apoderado en nombre del Sr. Scannell el 19/08/2025.

Paul Scannell� Cadence Design Systems(CDNS)� 수석 부사장 � 이사로서, 베스팅된 제한주식� 세금 원천징수와 관련된 주식 처분 � 건을 보고했습니다. 2025-08-15274�� 표시 가� $349.88� 처분하여, 26,770�� 계속 보유했습니다. 2025-08-18에는 181�$356.25� 처분하여, 최종적으� 26,589�� 수익� 소유� 유지했습니다. 신고서에� 베스팅으� 발생� 세금 의무� 충당하기 위해 주식� 원천징수되었다고 설명되어 있습니다. Form 4� 2025-08-19� Scannell 씨를 대신해 대리인� 서명했습니다.

Paul Scannell, vice‑président senior et administrateur de Cadence Design Systems (CDNS), a déclaré deux cessions d'actions liées à la retenue fiscale sur des restricted stock arrivées à échéance. Le 15/08/2025, il a cédé 274 actions à un prix indiqué de 349,88 $, conservant 26 770 actions en propriété bénéficiaire. Le 18/08/2025, il a cédé 181 actions à 356,25 $, restant titulaire bénéficiaire de 26 589 actions. Le dépôt précise que les actions ont été retenues pour satisfaire les obligations fiscales liées au vesting. Le formulaire 4 a été signé par un mandataire pour le compte de M. Scannell le 19/08/2025.

Paul Scannell, Senior Vice President und Direktor bei Cadence Design Systems (CDNS), meldete zwei Aktienveräußerungen im Zusammenhang mit der Steuerabführung auf verfallene Restricted Stock. Am 15.08.2025 veräußerte er 274 Aktien zu einem angegebenen Preis von $349,88 und hielt danach 26.770 Aktien weiterhin als wirtschaftlicher Eigentümer. Am 18.08.2025 veräußerte er 181 Aktien zu $356,25 und verblieben ihm 26.589 Aktien. Die Meldung erklärt, dass die Aktien zur Erfüllung steuerlicher Verpflichtungen aus der Vesting-Periode einbehalten wurden. Das Formular 4 wurde am 19.08.2025 von einem Bevollmächtigten für Herrn Scannell unterzeichnet.

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*
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)
08/15/2025
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 08/15/2025 F 274(1) D $349.88 26,770 D
Common Stock 08/18/2025 F 181(1) D $356.25 26,589 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 08/19/2025
** 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.
Cadence Design System Inc

NASDAQ:CDNS

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97.07B
271.56M
0.32%
90.46%
1.38%
Software - Application
Services-prepackaged Software
United States
SAN JOSE