Form 4 Filing for Cadence Design Systems Inc.

2026-07-23SEC Filing 4 (0000813672-26-000085)

On July 22, 2026, Chin-Chi Teng, Sr. Vice President of Cadence Design Systems Inc. (CDNS), executed a series of transactions involving the company's common stock. These transactions were conducted under a Rule 10b5-1 Trading Plan adopted on February 20, 2026. Teng acquired 1,000 shares of common stock at a price of $202.94 per share. Subsequently, Teng disposed of a total of 3,200 shares through multiple sales. The sales occurred at weighted average prices, with details provided in footnotes indicating ranges for each transaction. Specifically, sales occurred at weighted average prices including $335.695, $336.7114, $337.7817, $339.0539, $340.704, $342.1495, $342.9841, $343.9352, and $345.165. Following these transactions, Teng holds 141,781 shares of common stock directly. Additionally, Teng exercised a non-qualified stock option to acquire 1,000 shares of common stock, with the option vesting at a rate of 1/48th per month, and now holds 9,668 such options.