Form 4: Cadence Design Systems SVP & General Counsel, Marc Taxay, Reports Acquisition of Common Stock
SEC Form 4 Filing
Marc Taxay, SVP & General Counsel of Cadence Design Systems, reports the acquisition of 10,599 shares of common stock through a grant of restricted stock units.
Summary
- On May 15, 2025, Marc Taxay, the SVP & General Counsel of Cadence Design Systems Inc., acquired 10,599 shares of common stock.
- The acquisition was a grant of Restricted Stock Units (RSUs).
- Following the transaction, Taxay directly owns 10,599 shares of Cadence Design Systems Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing for stock acquisition.
Positives
- The acquisition of shares by a high-ranking officer could be seen as a positive signal about the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider transactions and is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Marc Taxay acquired 10,599 shares of common stock. |
| 05/16/2025 | Date of signature on the report. |
Keywords
Form 4, insider trading, stock acquisition, restricted stock units, CDNS, Cadence Design Systems, Marc Taxay
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.