CDNSCadence Design Systems
Deals with insiders in the proxy filed 2026-03-25
Deals between CDNS and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-03-25.
Nothing new: every deal in this year's section was reported last year too.
The whole section
5 paragraphs quoted as filed
REVIEW, APPROVAL OR RATIFICATION OF TRANSACTIONS WITH RELATED PARTY“The Board has adopted written Related Party Transaction Policies and Procedures, which require that all “interested transactions” (as defined below) be subject to approval or ratification in accordance with the procedures outlined in the policy.”
Read it in the proxy ↗
REVIEW, APPROVAL OR RATIFICATION OF TRANSACTIONS WITH RELATED PARTY“An “interested transaction” is any transaction, arrangement or relationship, or series of similar transactions, arrangements or relationships, in which:”
Read it in the proxy ↗
REVIEW, APPROVAL OR RATIFICATION OF TRANSACTIONS WITH RELATED PARTY“The aggregate amount involved is or is expected to exceed $120,000 since the beginning of Cadence’s last fiscal year;”
Read it in the proxy ↗
REVIEW, APPROVAL OR RATIFICATION OF TRANSACTIONS WITH RELATED PARTY“A party will not be deemed to have a material interest in a transaction solely as a result of being a director or, together with all other related parties, less than 10%, in the aggregate, direct or indirect owner of another entity (other than a partnership).”
Read it in the proxy ↗
REVIEW, APPROVAL OR RATIFICATION OF TRANSACTIONS WITH RELATED PARTY“Person who was or is (since the beginning of the last fiscal year) an executive officer, director or nominee for election as a director of Cadence;”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗