Form 4: Director Young Sohn Receives Cadence Stock Award

Cadence Design Systems director Young Sohn acquired 714 shares of common stock via a restricted stock award.

Summary

• Director Young Sohn was granted 714 shares of Cadence Design Systems (CDNS) common stock.
• The transaction occurred on May 7, 2026.
• The shares were acquired at a price of $0 as part of a restricted stock award.
• Following this transaction, the director's total beneficial ownership is 15,252 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Increased equity alignment between the director and shareholders.

Negatives

• None.

Risks

• None.

Future Outlook

The restricted stock award is set to vest on the earlier of the first anniversary of the grant date or the date of the next Annual Meeting of Stockholders.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to align board member interests with long-term shareholder value in the semiconductor and EDA software industry.

Comparison to Industry Standards

• The grant of restricted stock to non-employee directors is consistent with standard compensation practices for S&P 500 technology companies.
• The vesting schedule tied to the annual meeting is a common industry practice for board members.

Stakeholder Impact

• Minimal impact on shareholders as the grant represents a standard component of director compensation.

Next Steps

• Vesting of the 714 restricted shares on the earlier of the first anniversary or the next Annual Meeting of Stockholders.

Key Dates

Keywords

Cadence Design Systems, CDNS, Form 4, Insider Trading, Director Compensation, Equity Award