Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Cadence Design Systems (CDNS)

Cadence Design Systems stockholders approve 5 million share increase to equity plan

Neutral Impact 3 of 5 shareholder Written later

At its May 7, 2026 annual meeting, Cadence stockholders approved an amendment to the Omnibus Equity Incentive Plan that adds 5,000,000 shares and removes the plan's fixed April 30, 2030 end date. All 11 director nominees were elected, and stockholders approved the advisory say-on-pay vote and the selection of PricewaterhouseCoopers LLP as auditor.

Key points

  • Omnibus Plan amendment: 5,000,000 additional shares authorized; 216,695,272 votes for, 8,512,065 against
  • Fixed plan term ending April 30, 2030 eliminated; plan continues until terminated by the Board or shares are exhausted
  • Advisory say-on-pay approved with 195,205,028 for and 29,350,859 against; PwC ratified with 243,583,173 for

The filing

CompanyCadence Design Systems (CDNS)
Form8-K, current report
Filed with the SECMay 11, 2026, 6:14 PM ET
Accession number0000813672-26-000067

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 11, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.