Paul Cunningham compensation by year
CADENCE DESIGN SYSTEMS Summary Compensation Table · all 4 fiscal years held| Component | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Salary | $450,000 | $475,000 | $475,000 | $500,000 |
| Bonus | $0 | $0 | $0 | $0 |
| Stock awards | $7,461,699 | $2,541,824 | $2,886,516 | $14,071,174 |
| Option awards | $975,070 | $1,307,264 | $1,473,202 | $0 |
| Non-equity incentive | $661,438 | $594,990 | $496,452 | $623,903 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 |
| All other | $10,036 | $11,222 | $11,946 | $12,180 |
| Total | $9,558,243 | $4,930,300 | $5,323,116 | $15,207,257 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: CADENCE DESIGN SYSTEMS INC DEF 14A filed March 25, 2026, accession 0001193125-26-124264, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 76,300 | $23,849,854 | — |
| PSU | 74,330 | $23,234,071 | — |
| RSU | 14,295 | $4,468,331 | — |
| PSU | 7,364 | $2,301,839 | — |
| RSU | 4,802 | $1,501,009 | — |
| PSU | 3,682 | $1,150,920 | — |
| RSU | 2,087 | $652,354 | — |
| Option | 5,759 | — | $202.94 |
| Option | 1,245 | — | $142.50 |
| Option | 7,951 | — | $298.44 |
Per the Outstanding Equity Awards at Fiscal Year-End table in CADENCE DESIGN SYSTEMS INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
17 Form 4 lines since the FY2025 proxy (filed March 25, 2026)current to 2026-09-24 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-09-17 | Tax withholding | — | 1,181 | $280.76 | 120,612 |
| 2026-09-15 | Sale | 10b5-1 | 2,000 | $277.12 | 121,793 |
| 2026-09-15 | Exercise or conversion | 10b5-1 | 1,000 | $138.02 | 123,793 |
| 2026-09-15 | Exercise or conversion derivative | 10b5-1 | 1,000 | $0.00 | 6,328 |
| 2026-09-15 | Tax withholding | 10b5-1 | 793 | $273.96 | 122,793 |
| 2026-08-25 | Gift | — | 1,000 | $0.00 | 123,586 |
| 2026-08-17 | Sale | 10b5-1 | 2,000 | $323.32 | 124,586 |
| 2026-08-17 | Exercise or conversion derivative | 10b5-1 | 1,000 | $0.00 | 7,328 |
The 8 most recent of 17 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Change-in-control & termination
estimated payments CADENCE DESIGN SYSTEMS discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary termination without cause | $1,024,000 | $20,318,441 | $51,144 | $21,393,584 |
| Change in control and involuntary termination | $1,524,000 | $23,770,879 | $51,144 | $25,346,023 |
| Disability | — | $22,631,789 | $51,144 | $22,682,933 |
| Death | — | $22,631,789 | $0 | $22,631,789 |
Per the Potential Payments Upon Termination or Change in Control table in CADENCE DESIGN SYSTEMS INC's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
CADENCE DESIGN SYSTEMS’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Anirudh Devgan | President and Chief Executive Officer | $56,683,576 |
| John Wall | Senior Vice President and Chief Financial Officer | $17,119,862 |
| Paul Scannell | Senior Vice President, Customer Success Team | $15,699,536 |
| Paul Cunningham · this page | Senior Vice President, GM, System Verification Group | $15,207,257 |
| Chin-Chi Teng | Senior Vice President, GM, Digital & Signoff Group | $15,185,652 |
The full CADENCE DESIGN SYSTEMS compensation record
free company briefThis page is one person within CADENCE DESIGN SYSTEMS's record. The company brief lists every named executive, each linking to their own page.
Compensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order CADENCE DESIGN SYSTEMS's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are CADENCE DESIGN SYSTEMS's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
Velarion Pro: every company page, peer tools and exports, one seat