secwatch.observer — SEC 8-K summary
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Issuer:     CADENCE DESIGN SYSTEMS INC (CDNS)
CIK:        0000813672
Form:       8-K
Filed at:   2026-05-11T22:14:53+00:00
Accession:  0000813672-26-000067
Event type: other_material
Sentiment:  neutral
Materiality: 0.10
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Cadence stockholders approve Omnibus Plan amendment adding 5M shares, re-elect all directors
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- Omnibus Plan amended: authorized shares increased by 5M; fixed term (April 2030) eliminated.
- All 11 director nominees elected; Anirudh Devgan received 223.8M votes for (99.4% of votes cast).
- Advisory say-on-pay passed with 195.2M for, 29.4M against, 1.5M abstain.
- Ratification of PricewaterhouseCoopers as FY2026 auditor approved with 243.6M for, 167K against.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/813672/000081367226000067/0000813672-26-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/813672/000081367226000067/cdns-20260507.htm
  HTML page:      https://secwatch.observer/filing/0000813672-26-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer