Cadence Design Systems CFO John M. Wall Disposes 1,433 Shares for Tax Withholding

Executive Summary

On September 21, 2026, Cadence Design Systems Inc ($CDNS) filed a Form 4 disclosing a transaction by Senior Vice President and Chief Financial Officer John M. Wall. On September 17, 2026, 1,433 shares of common stock were disposed of at a price of $280.76 per share, totaling approximately $402,329.08.

Transaction Details

• Security: Common Stock
• Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
• Shares Withheld: 1,433
• Share Price: $280.76
• Total Disposition Value: $402,329.08
• Nature of Ownership: Direct
• Remaining Holdings: 79,459 shares directly owned post-transaction

Significance & Market Context

The trading significance is evaluated as Low. Transaction code 'F' indicates that the shares were automatically withheld by the company to satisfy statutory tax obligations triggered by the vesting of restricted stock units (RSUs). Because this was a non-discretionary tax withholding rather than an open-market sale, it does not reflect changes in executive sentiment or confidence regarding the company's prospects.