CADENCE DESIGN SYSTEMS INC 4

Sr. Vice President Chin‑Chi Teng of Cadence Design Systems Inc. exercised 1,000 stock options and sold 3,299 shares of CDNS common stock on June 22, 2026 under a Rule 10b5‑1 trading plan.

On June 22, 2026, Cadence Design Systems Inc. Sr. Vice President Chin‑Chi Teng exercised 1,000 non-qualified stock options at $202.94 per share, acquiring 1,000 shares of common stock, and on the same day sold a total of 3,299 shares of common stock in a series of Rule 10b5‑1 plan trades at weighted average prices between approximately $379 and $391 per share, generating proceeds of roughly $1.26 million. Following these transactions, Teng beneficially owned 145,281 shares of Cadence common stock, reflecting a net reduction in holdings but still a substantial remaining equity position; the option grant related to the exercise vests at a rate of 1/48th per month and the sales were executed in multiple tranches at slightly differing prices as disclosed in the footnotes.

Filing Facts

CIK

813672

Ticker

CDNS

Form

4

Source Type

sec

Accession

0000813672-26-000082

Alert Tier

9