CADENCE DESIGN SYSTEMS INC 4

Sr. Vice President Paul Cunningham exercised 1,000 stock options and sold 2,000 shares of Cadence Design Systems Inc. common stock on June 15, 2026 under a Rule 10b5-1 plan.

On June 15, 2026, Sr. Vice President Paul Cunningham of Cadence Design Systems Inc. exercised 1,000 non-qualified stock options with a strike price of $138.02 per share, acquiring 1,000 shares of common stock, and on the same day sold 2,000 shares of common stock in a Rule 10b5-1 pre-planned transaction. The option exercise added 1,000 shares at an implied cost of approximately $138,020, while the sale of 2,000 shares (price not reported) reduced his direct holdings. Following these transactions, Cunningham directly owned 126,586 shares of common stock, and separately held an option award for 1,000 shares expiring on February 25, 2028, plus a reported 9,328 shares in another common stock account, indicating a substantial continuing equity stake in the company despite the sale.

Filing Facts

CIK

813672

Ticker

CDNS

Form

4

Source Type

sec

Accession

0000813672-26-000080

Alert Tier

8