4Filing Date: Mar 20, 2026
Cadence Design Systems (CDNS)
Statement of Changes in Beneficial Ownership
View SEC Filing
ACC: 0000813672-26-000036
Total Value$1.30M
Trades3
Insiders1
Transaction Details
Scannell Paul
Sr. Vice President·Direct
Grant · Acquire
Common Stock
Shares+8.96K
Price$0.00
Total Value$0
Shares Owned After41.57K
Transaction DateMar 18, 2026
Footnotes ▸
Represents Performance-Based Restricted Stock Units that have met the performance criteria.
Scannell Paul
Sr. Vice President·Direct
Grant · Acquire
Common Stock
Shares+7.36K
Price$0.00
Total Value$0
Shares Owned After48.94K
Transaction DateMar 18, 2026
Footnotes ▸
Represents Performance-Based Restricted Stock Units that have met the performance criteria, which vest in three equal annual installments on the first, second and third anniversaries of the grant date subject to continued service.
Scannell Paul
Sr. Vice President·Direct
Tax W/H · Dispose
Common Stock
Shares-4.49K
Price$289.64
Total Value$1.30M
Shares Owned After44.45K
Transaction DateMar 18, 2026
Footnotes ▸
Shares withheld to satisfy tax obligations arising out of vesting of Performance-Based Restricted Stock Units that have met the performance criteria.
Post-Transaction Holdings
Scannell Paul · Sr. Vice President
| Security | Shares | Change |
|---|---|---|
| Common Stock | 41.57K | +11.83K (39.79%) |
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-03-18
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
--- Reporting Owner ---
Name: Scannell Paul
CIK: 0002031609
Role: Officer (Sr. Vice President)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-03-18 | Code: A (Grant or award)
Shares: +8,962 | Price: $0.00
Shares Owned After: 41,574 | Ownership: D (Direct)
Footnotes:
[F1] Represents Performance-Based Restricted Stock Units that have met the performance criteria.
[Transaction #2]
Security: Common Stock
Date: 2026-03-18 | Code: A (Grant or award)
Shares: +7,364 | Price: $0.00
Shares Owned After: 48,938 | Ownership: D (Direct)
Footnotes:
[F2] Represents Performance-Based Restricted Stock Units that have met the performance criteria, which vest in three equal annual installments on the first, second and third anniversaries of the grant date
subject to continued service.
[Transaction #3]
Security: Common Stock
Date: 2026-03-18 | Code: F (Payment of exercise/tax)
Shares: -4,492 | Price: $289.64
Total Value: $1,301,062.88
Shares Owned After: 44,446 | Ownership: D (Direct)
Footnotes:
[F3] Shares withheld to satisfy tax obligations arising out of vesting of Performance-Based Restricted Stock Units that have met the performance criteria.
--- Footnotes (Complete Index) ---
F1: Represents Performance-Based Restricted Stock Units that have met the performance criteria.
F2: Represents Performance-Based Restricted Stock Units that have met the performance criteria, which vest in three equal annual installments on the first, second and third anniversaries of the grant date
subject to continued service.
F3: Shares withheld to satisfy tax obligations arising out of vesting of Performance-Based Restricted Stock Units that have met the performance criteria.
--- Signature ---
/s/ /s/ Ahalya Hildreth, Attorney-in-Fact for Paul Scannell (2026-03-20)