GAVRIELOV MOSHE 4

What Happened

• Moshe Gavrielov, a director of Cadence Design Systems Inc. (CDNS), was awarded 714 restricted shares on May 7, 2026. The shares were granted at $0.00 (transaction code A), so no cash was exchanged and the reported acquisition value is $0.

Key Details

• Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (filed on the standard two-business-day deadline).
• Shares acquired: 714 restricted shares; price per share: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The restricted stock award fully vests on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of stockholders following the grant date.
• No 10b5-1 plan, tax-withholding, or sale noted in the provided details.

Context

• This is a grant of restricted stock to a board member, a routine form of director compensation meant to align interests with shareholders. Such awards are not the same as an open-market purchase or sale and do not, by themselves, indicate the director’s view on near-term stock performance.