Cadence Design Systems Files 8-K on Officer Changes & Financials
Ticker: CDNS · Form: 8-K · Filed: 2025-11-17T00:00:00.000Z
Sentiment: neutral
Topics: corporate-governance, officer-changes, financial-reporting
Related Tickers: CDNS
TL;DR
Cadence Design Systems (CDNS) filed an 8-K on Nov 17, 2025, detailing leadership changes and financial exhibits.
AI Summary
Cadence Design Systems, Inc. filed an 8-K on November 17, 2025, reporting on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements. The filing also includes financial statements and exhibits.
Why It Matters
This filing provides crucial updates on the company's leadership and financial reporting, which can impact investor confidence and strategic direction.
Risk Assessment
Risk Level: low — The filing is routine corporate disclosure and does not indicate any immediate financial distress or significant negative events.
Key Players & Entities
- CADENCE DESIGN SYSTEMS, INC. (company) — Registrant
- 0000813672-25-000157 (filing_id) — Accession Number
- November 17, 2025 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- 2655 Seely Avenue, San Jose, California 95134 (address) — Principal Executive Offices
FAQ
What specific officer positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers', but the specific names and positions are not detailed in the provided text.
Are there any new directors elected according to this filing?
Yes, the filing explicitly mentions 'Election of Directors' as an item of information.
What type of compensatory arrangements are being disclosed?
The filing lists 'Compensatory Arrangements of Certain Officers' as an item of information, suggesting disclosures related to executive compensation.
What is the SIC code for Cadence Design Systems, Inc.?
The Standard Industrial Classification (SIC) code for Cadence Design Systems, Inc. is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.
When was Cadence Design Systems, Inc. formerly known as ECAD INC /DE/?
The company was formerly known as ECAD INC /DE/ and the date of the name change was June 9, 1988.
From the Filing
0000813672-25-000157.txt : 20251117 0000813672-25-000157.hdr.sgml : 20251117 20251117160637 ACCESSION NUMBER: 0000813672-25-000157 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20251117 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20251117 DATE AS OF CHANGE: 20251117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CADENCE DESIGN SYSTEMS INC CENTRAL INDEX KEY: 0000813672 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology EIN: 770148231 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15867 FILM NUMBER: 251491127 BUSINESS ADDRESS: STREET 1: 2655 SEELY AVENUE BLDG 5 CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4089431234 MAIL ADDRESS: STREET 1: 2655 SEELY AVENUE CITY: SAN JOSE STATE: CA ZIP: 95134 FORMER COMPANY: FORMER CONFORMED NAME: ECAD INC /DE/ DATE OF NAME CHANGE: 19880609 8-K 1 cdns-20251117.htm 8-K cdns-20251117 0000813672 false 0000813672 2025-11-17 2025-11-17 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): November 17, 2025 CADENCE DESIGN SYSTEMS, INC. (Exact Name of Registrant as Specified in its Charter)   Delaware   000-15867   00-0000000 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) 2655 Seely Avenue, San Jose, California 95134 (Address of Principal Executive Offices) (Zip Code) (408) 943-1234 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value per share CDNS Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On November 17, 2025, the Board of Directors (the “Board”) of Cadence Design Systems, Inc. (“Cadence”) appointed Dr. Luc Van den hove as a director of Cadence effective January 1, 2026. The Board has not yet determined Dr. Van den hove’s committee assignment. Upon the effectiveness of Dr. Van den hove’s appointment to the Board, Dr. Van den hove will be granted equity under Cadence’s 1995 Directors Stock Incentive Plan with a grant date fair value of $82,849, rounded to the nearest whole share, subject to approval by the Compens