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Cadence Design (NASDAQ: CDNS) SVP awarded 8,366 RSUs in equity grant
Marc Taxay, Cadence Design Systems Inc.'s SVP & General Counsel, was awarded 8,366 restricted stock units (RSUs) on March 16, 2026, as part of his executive compensation. This transaction, classified as a grant with no purchase price, increases his direct holdings to 18,965 shares of Cadence common stock. The details were disclosed in an SEC Form 4 filing, indicating a neutral impact on the company.