CADENCE DESIGN SYSTEMS INC 4

Sr. Vice President Chin‑Chi Teng of Cadence Design Systems exercised 1,000 stock options and sold 4,500 shares of CDNS common stock on May 22, 2026 under a Rule 10b5‑1 plan.

On May 22, 2026, Cadence Design Systems Sr. Vice President Chin‑Chi Teng exercised 1,000 non-qualified stock options at an exercise price of $202.94 per share, acquiring 1,000 shares of Cadence common stock, and on the same day sold an aggregate 4,500 shares in multiple open-market transactions at prices ranging from approximately $361.88 to $380.76 per share pursuant to a Rule 10b5‑1 trading plan adopted on February 20, 2026. The option exercise (coded “M”) increased his direct common stock holdings to 153,281 shares before the sales, and the series of sales (coded “S”) then reduced his direct ownership to 148,781 shares. Based on the reported prices and the current share price near $373.61, the gross value of the option exercise was about $202,940, while the sales generated proceeds of roughly $1.68 million, leaving an estimated remaining equity stake of about $55.6 million in Cadence common stock after the transactions.

Filing Facts

CIK

813672

Ticker

CDNS

Form

4

Source Type

sec

Accession

0000813672-26-000072

Alert Tier

9