CADENCE DESIGN SYSTEMS INC
For the period ended Jun 30, 2025. Filed Jul 30, 2025.
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Jun 30, 2025 · Filed Jul 30, 2025
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Item 5. Other Information
Insider Trading Arrangements
During the fiscal quarter ended June 30, 2025, our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act)adopted orterminated the contracts, instructions or written plans for the purchase or sale of our securities set forth in the table below.
| Type of Trading Arrangement | |||||
| Name and Position | Action | Adoption/ TerminationDate | Rule 10b5-1* | Total Shares of Common Stock to be Sold | Expiration Date |
|---|---|---|---|---|---|
| John M. Wall, Senior Vice President and Chief Financial Officer | Adoption | 5/6/2025 | X | Up to 61,805 | 12/31/2026 |
| * Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. | |||||
(1)Includes up to 1,000 shares subject to Performance Stock Awards previously granted to Mr. Wall subject to vesting and release to Mr. Wall on March 17, 2026 upon the satisfaction of the applicable total shareholder return hurdles and relative total shareholder return threshold. The actual number of shares that will vest in connection with these awards is not yet determinable. In addition, the actual number of shares that will be released to Mr. Wall in connection with these awards and may be sold under the Rule 10b5-1 trading arrangement will be net of the number of shares withheld to satisfy tax withholding obligations arising from the vesting of such shares.
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