Form 4: Cadence Design Systems Director Young Sohn Reports Charitable Stock Gift

Cadence Design Systems Inc. Director Young Sohn reported a charitable gift of 110 shares of common stock valued at $307.85 per share, reducing his direct beneficial ownership to 14,610 shares.

Summary

• Young Sohn, a Director at Cadence Design Systems Inc. (CDNS), reported a transaction on June 12, 2025.
• The transaction involved the disposition of 110 shares of Cadence Design Systems Common Stock.
• The shares were transferred as a charitable gift by the Reporting Person.
• The price per share for the disposed stock was $307.85.
• Following this transaction, Young Sohn directly beneficially owns 14,610 shares of Common Stock.
• The 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).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Form 4) disclosing an insider stock transaction. A charitable gift of a relatively small number of shares by a director is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide information related to broader industry trends or competitive landscape within the electronic design automation (EDA) software sector.

Stakeholder Impact

• Shareholders: The transaction represents a minor change in a director's beneficial ownership and is unlikely to have a material impact on the company's stock price or shareholder value. It is a routine disclosure of an insider's personal financial planning.

Key Dates

Keywords

Cadence Design Systems, CDNS, Young Sohn, Director, SEC Form 4, Insider Transaction, Stock Gift, Beneficial Ownership, Corporate Governance