Form 4: Cadence Design Systems Director Transfers Shares to Family Trust

James D. Plummer, a director at Cadence Design Systems, transferred shares of common stock to the Plummer Family Trust on May 2, 2025.

Summary

• On May 2, 2025, James D. Plummer, a director of Cadence Design Systems Inc. (CDNS), transferred 868 shares of common stock to the Plummer Family Trust.
• The transaction was a disposition (D) of shares from Plummer's direct ownership and an acquisition (A) by the Plummer Family Trust.
• Following the transaction, Plummer directly owns 2,406 shares and the Plummer Family Trust holds 24,864 shares.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a share transfer. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

Industry Context

This is a routine disclosure of insider transactions and doesn't necessarily reflect a change in the company's outlook or performance.

Related Party Transactions

• The transfer of shares to the Plummer Family Trust constitutes a related party transaction.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a transfer between the director and a family trust and does not change the overall ownership structure significantly.

Key Dates

Keywords

Form 4, Beneficial Ownership, Cadence Design Systems, CDNS, James D. Plummer, Plummer Family Trust, Share Transfer, Director