Cadence Design Systems (CDNS) SVP granted RSUs; shares withheld for taxes

2026-04-04 18:22:48

Cadence Design Systems’ (CDNS) Sr. Vice President Paul Scannell was granted 13,943 shares of common stock as Restricted Stock Units on March 16, 2026. Subsequently, on March 17, 2026, 1,610 shares were withheld at $293.75 per share to cover tax obligations arising from the RSU vesting. Following these transactions, Scannell directly holds 32,612 shares, marking a compensation-driven change rather than a market trade.

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