Paul Scannell - 01 Jun 2026 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Reporting relationship: Sr. Vice President
Issuer ticker: CDNS
Reported as of: 01 Jun 2026
Net transaction value: -$2,789,277
SEC form: 4
Accepted by SEC: 03 Jun 2026, 19:25:10 UTC
Prior SEC filing: 20 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Ahalya Hildreth, Attorney-in-Fact for Paul Scannell

Key filing fact

Paul Scannell filed Form 4 for CADENCE DESIGN SYSTEMS INC (CDNS) on 03 Jun 2026.

Key facts

This page summarizes Paul Scannell's Form 4 filing for CADENCE DESIGN SYSTEMS INC (CDNS).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 03 Jun 2026, 19:25.

Change

Previous filing in this sequence was filed on 20 May 2026.
Current net transaction value: -$2,789,277.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002031609 Primary reporting owner

Scannell Paul

Relationship: Sr. Vice President
Address: 2655 SEELY AVENUE, BLDG. 5, SAN JOSE
Signature: /s/ Ahalya Hildreth, Attorney-in-Fact for Paul Scannell
Signature date: 03 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CDNS transaction

Common Stock

Options Exercise

Transaction value
Shares: +7,081
Change %: +22%
Price: $285.19^*
Shares after: 39,262
Date: 01 Jun 2026
Ownership: Direct
Footnotes: F1

CDNS transaction

Common Stock

Sale

Transaction value: $2,789,277
Shares: -7,081
Change %: -18%
Price: $393.91
Shares after: 32,181
Date: 01 Jun 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CDNS transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -7,081
Change %: -50%
Price: $0.000000^*
Shares after: 7,082
Date: 01 Jun 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,081
Exercise price: $285.19
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 9/9/2025 by the Reporting Person.

Footnote F2

Option vests at a rate of 1/48th per month.