JOHN M. WALL - 30 Sep 2025 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Signature
/s/ Ahalya Hildreth, Attorney-in-Fact for John M. Wall
Issuer symbol
CDNS
Transactions as of
30 Sep 2025
Net transactions value
-$2,618,670
Form type
4
Filing time
02 Oct 2025, 17:22:30 UTC
Previous filing
17 Sep 2025
Next filing
16 Oct 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WALL JOHN M Sr. VP & CFO 2655 SEELY AVENUE, BLDG. 5, SAN JOSE /s/ Ahalya Hildreth, Attorney-in-Fact for John M. Wall 02 Oct 2025 0001718165

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Sale $40,100 -115 -0.15% $348.70 78,100 30 Sep 2025 Direct F1, F2
transaction CDNS Common Stock Sale $3,508 -10 -0.01% $350.81 78,090 30 Sep 2025 Direct F1
transaction CDNS Common Stock Sale $182,564 -526 -0.67% $347.08 77,564 30 Sep 2025 Direct F1, F3
transaction CDNS Common Stock Sale $882,433 -2,531 -3.3% $348.65 75,033 30 Sep 2025 Direct F1, F4
transaction CDNS Common Stock Sale $1,210,318 -3,463 -4.6% $349.50 71,570 30 Sep 2025 Direct F1, F5
transaction CDNS Common Stock Sale $299,746 -855 -1.2% $350.58 70,715 30 Sep 2025 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 5/6/2025 by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $348.63 to $349.20, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $346.92 to $347.89, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $348.165 to $349.14, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $349.18 to $350.12, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $350.21 to $350.81, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.