CADENCE DESIGN SYSTEMS INC 4

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

On July 15, 2026, Sr. Vice President Paul Cunningham of Cadence Design Systems, Inc. exercised 1,000 non-qualified stock options at an exercise price of $138.02 per share and received 1,000 shares of common stock, and on the same day sold 2,000 shares of common stock at a price of $383.36 per share under a Rule 10b5-1 trading plan. The option exercise added 1,000 shares to his holdings, while the open-market sale reduced his position by 2,000 shares, resulting in a net decrease of 1,000 shares and leaving him with 125,586 shares of Cadence common stock held directly. Based on the reported sale price, the stock sale was valued at approximately $766,720 and his remaining stake is worth about $48.2 million. The options exercised were part of a grant that vested monthly at a rate of 1/48th beginning March 25, 2021, and the transaction appears to be a combination of routine option exercise and planned liquidity via the 10b5-1 plan.

Filing Facts

CIK

813672

Ticker

CDNS

Form

4

Source Type

sec

Accession

0000813672-26-000084

Alert Tier

8

ATTN Analysis