Cadence Design Systems CFO John M. Wall Disposes Shares for Tax Withholding

Insider Filing Analysis: Cadence Design Systems Inc ($CDNS)

Overview

On September 17, 2026, Cadence Design Systems Inc filed a Form 4 disclosing a transaction by John M. Wall, Senior Vice President and Chief Financial Officer.

Transaction Specifics

• Date of Transaction: September 15, 2026
• Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
• Security: Common Stock
• Shares Disposed: 983 shares
• Execution Price: $273.96 per share
• Total Transaction Value: $269,302.68
• Post-Transaction Beneficial Ownership: 80,892 shares (Direct)

Context and Significance

• Nature of Transaction: Footnote (1) confirms that these shares were withheld directly by the company to satisfy tax obligations resulting from the vesting of a Performance Stock Award.
• Significance Level: Low. Dispositions coded as 'F' represent routine, automated tax withholding rather than discretionary open-market selling by the insider. Following this transaction, Mr. Wall retains a substantial direct stake of 80,892 shares in the company.