Cadence (CDNS) director Mary L. Krakauer receives 714-share restricted stock grant

Rhea-AI Filing Summary

Krakauer Mary L reported acquisition or exercise transactions in this Form 4 filing.

Cadence Design Systems director Mary L. Krakauer received an equity grant of 714 shares of common stock. The award was granted at no cash cost per share and increases her direct holdings to 4,993 shares. The restricted stock vests on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Krakauer Mary L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	714	$0.00	--

Holdings After Transaction: Common Stock — 4,993 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 714 shares Shares owned after grant: 4,993 shares Grant price per share: $0.00 per share

3 metrics

Restricted stock grant 714 shares Common stock award to director Mary L. Krakauer

Shares owned after grant 4,993 shares Total direct CDNS holdings following transaction

Grant price per share $0.00 per share Reported transaction price for restricted stock

Key Terms

restricted stock award, Annual Meeting of Stockholders, grant, award, or other acquisition

3 terms

restricted stock award financial

"Restricted stock award fully vests on the earlier to occur of (i) the first anniversary of the Grant Date..."

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

Annual Meeting of Stockholders financial

"...and (ii) the date of the next Annual Meeting of Stockholders that follows the Grant Date."

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Krakauer Mary L

(Last) (First) (Middle)

2655 SEELY AVENUE

(Street)

SAN JOSE CALIFORNIA 95134

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CADENCE DESIGN SYSTEMS INC [ CDNS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/07/2026		A		714(1)	A	$0	4,993	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock award fully vests on the earlier to occur of (i) the first anniversary of the Grant Date and (ii) the date of the next Annual Meeting of Stockholders that follows the Grant Date.

Remarks:

	/s/ Ahalya Hildreth, Attorney-in-Fact for Mary Louise Krakauer	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CDNS director Mary L. Krakauer report on this Form 4?

Mary L. Krakauer reported receiving a grant of 714 shares of Cadence Design Systems common stock. The shares were awarded as restricted stock at no cash cost per share, increasing her direct ownership stake in CDNS to 4,993 shares following the transaction.

How many Cadence (CDNS) shares does Mary L. Krakauer own after this Form 4 grant?

After the reported restricted stock grant, Mary L. Krakauer directly owns 4,993 shares of Cadence Design Systems common stock. This total reflects the addition of 714 newly awarded shares as disclosed in the Form 4 insider transaction filing.

What type of equity award did CDNS grant to director Mary L. Krakauer?

Cadence Design Systems granted Mary L. Krakauer a restricted stock award of 714 common shares. These shares were issued at a reported price of $0.00 per share as a grant or award, rather than through an open-market purchase or sale transaction.

When will Mary L. Krakauer’s new restricted CDNS shares vest?

The restricted stock award to Mary L. Krakauer fully vests on the earlier of the first anniversary of the grant date or the date of the next annual meeting of stockholders that follows the grant date, according to the vesting terms disclosed.

Was the CDNS Form 4 transaction a purchase or a grant for Mary L. Krakauer?

The Cadence Design Systems Form 4 shows a grant or award acquisition, not an open-market purchase. Mary L. Krakauer received 714 restricted shares as compensation, coded as a grant (transaction code A), with no cash price per share reported in the filing.