Cadence Design Systems Sr. VP Chin-Chi Teng's Stock Option Exercise and Share Sales

2026-06-24SEC Filing 4 (0000813672-26-000082)

This Form 4 filing reports on June 22, 2026 transactions by Cadence Design Systems Senior Vice President Chin-Chi Teng. The officer exercised 1,000 stock options at $202.94 per share and simultaneously sold 4,200 shares of common stock across multiple transactions at prices ranging from $378.54 to $391.37 per share. All transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on February 20, 2026. Following the transactions, Teng holds 145,281 shares of common stock directly and retains 10,668 unexercised stock options. The stock option vests at a rate of 1/48th per month and expires on March 15, 2030. The sales were conducted through multiple transactions with weighted average prices reported for each block, with full price range information available upon request.