AGÕæÈ˹ٷ½

STOCK TITAN

[Form 4] Cadence Design Systems Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Cadence Design Systems insider transactions: Sr. Vice President Chin-Chi Teng executed an option-related acquisition and multiple sales on 08/18/2025 under a Rule 10b5-1 trading plan. The filing reports the exercise (Transaction Code M) of 4,910 non-qualified stock options with an exercise price of $78.76, which resulted in an acquisition entry of 4,910 shares. The reporting person sold a series of share blocks (Transaction Code S) on the same date totaling 8,410 shares at various weighted-average prices reported in footnotes. Beneficial ownership fell from 137,623 shares before the sales to 129,213 shares after the transactions.

The trades were made pursuant to a 10b5-1 trading plan adopted March 7, 2025; multiple weighted-average sale prices and price ranges are disclosed in footnotes. Option vesting is disclosed as 1/48th per month starting March 14, 2020. The form is signed by an attorney-in-fact for the reporting person.

Operazioni interne di Cadence Design Systems: Il Senior Vice President Chin-Chi Teng ha esercitato opzioni e ha eseguito più vendite il 18/08/2025 nell'ambito di un piano di trading ai sensi della Rule 10b5-1. La segnalazione indica l'esercizio (Codice Transazione M) di 4.910 opzioni non qualificate con prezzo di esercizio di $78.76, che ha generato l'acquisizione di 4.910 azioni. La medesima persona ha venduto diversi blocchi di azioni (Codice Transazione S) nella stessa data per un totale di 8.410 azioni, a prezzi medi ponderati riportati nelle note. La partecipazione beneficiaria è scesa da 137.623 azioni prima delle vendite a 129.213 azioni dopo le transazioni.

Le operazioni sono state effettuate in conformità a un piano 10b5-1 adottato il 7 marzo 2025; nelle note sono indicati più prezzi medi ponderati e fasce di prezzo delle vendite. Il vesting delle opzioni è riportato come 1/48 al mese a partire dal 14 marzo 2020. Il modulo è firmato da un procuratore dell'interessato.

Transacciones internas de Cadence Design Systems: El vicepresidente senior Chin-Chi Teng ejerció opciones y realizó múltiples ventas el 18/08/2025 bajo un plan de negociación conforme a la Regla 10b5-1. El informe indica el ejercicio (Código de Transacción M) de 4.910 opciones sobre acciones no calificadas con un precio de ejercicio de $78.76, lo que resultó en la adquisición de 4.910 acciones. La persona informante vendió bloques de acciones (Código de Transacción S) en la misma fecha por un total de 8.410 acciones, a precios promedio ponderados que se detallan en las notas. La titularidad beneficiaria bajó de 137.623 acciones antes de las ventas a 129.213 acciones después de las transacciones.

Las operaciones se realizaron conforme a un plan 10b5-1 adoptado el 7 de marzo de 2025; en las notas se divulgan varios precios promedio ponderados y rangos de precios. El otorgamiento de las opciones (vesting) figura como 1/48 por mes desde el 14 de marzo de 2020. El formulario está firmado por un apoderado del declarante.

Cadence Design Systems ë‚´ë¶€ 거래: ì„ ìž„ 부사장 Chin-Chi TengëŠ� 2025ë…� 8ì›� 18ì� Rule 10b5-1 거래 계íšì—� ë”°ë¼ ì˜µì…˜ 행사 ë°� 다수ì� 매ë„ë¥� 실행했습니다. 제출서류ì—는 행사(거래 코드 M)ë¡� 비ìžê²� 스톡옵션 4,910주를 행사가ê²� $78.76ì—� 행사하여 4,910주를 ì·¨ë“í•� 것으ë¡� ë³´ê³ ë˜ì–´ 있습니다. ê°™ì€ ë‚ ì§œì—� ë³´ê³ ì¸ì€ 여러 차례ì� ì£¼ì‹ ë¸”ë¡(거래 코드 S)ì� 매ë„하여 ì´� 8,410ì£�ë¥� 처분했으ë©�, 가중í‰ê·� ê°€ê²©ì€ ê°ì£¼(ê°ì£¼)ì—� 기재ë˜ì–´ 있습니다. 유효 소유ëŠ� ë§¤ë„ ì � 137,623ì£�ì—서 거래 í›� 129,213ì£�ë¡� ê°ì†Œí–ˆìŠµë‹ˆë‹¤.

ì� ê±°ëž˜ë“¤ì€ 2025ë…� 3ì›� 7ì� 채íƒë� 10b5-1 거래계íšì—� ë”°ë¼ ì´ë£¨ì–´ì¡Œìœ¼ë©°, 여러 가중í‰ê·� 매ë„가와 가격범위가 ê°ì£¼ì—� 공개ë˜ì–´ 있습니다. 옵션ì� ë² ìŠ¤íŒ…ì€ 2020ë…� 3ì›� 14ì¼ë¶€í„� 매월 1/48ë¡� 명시ë˜ì–´ 있습니다. 서류ëŠ� ë³´ê³ ì¸ì„ 위한 대리ì¸ì� 서명했습니다.

Transactions d'initiés de Cadence Design Systems : Le Vice-Président Senior Chin-Chi Teng a exercé des options et effectué plusieurs ventes le 18/08/2025 dans le cadre d'un plan de négociation au titre de la règle 10b5-1. Le dépôt signale l'exercice (Code de transaction M) de 4 910 options non qualifiées au prix d'exercice de $78.76, ce qui a entraîné l'acquisition de 4 910 actions. La personne déclarée a vendu le même jour plusieurs blocs d'actions (Code de transaction S) pour un total de 8 410 actions, à des prix moyens pondérés indiqués en notes. La détention bénéficiaire est passée de 137 623 actions avant les ventes à 129 213 actions après les opérations.

Les transactions ont été effectuées conformément à un plan 10b5-1 adopté le 7 mars 2025 ; plusieurs prix moyens pondérés et fourchettes de prix sont divulgués en notes. Le vesting des options est indiqué à raison de 1/48 par mois à partir du 14 mars 2020. Le formulaire est signé par un mandataire de la personne déclarée.

Insider-Transaktionen von Cadence Design Systems: Senior Vice President Chin-Chi Teng hat am 18.08.2025 im Rahmen eines Rule-10b5-1-Handelsplans optionsbezogene Ausübungen und mehrere Verkäufe vorgenommen. Die Meldung weist die Ausübung (Transaktionscode M) von 4.910 nicht qualifizierten Optionen zu einem Ausübungspreis von $78.76 aus, wodurch 4.910 Aktien erworben wurden. Dieselbe meldepflichtige Person verkaufte am selben Datum mehrere Aktienblöcke (Transaktionscode S) mit insgesamt 8.410 Aktien zu in den Fußnoten angegebenen gewogenen Durchschnittspreisen. Das wirtschaftliche Eigentum sank von 137.623 Aktien vor den Verkäufen auf 129.213 Aktien nach den Transaktionen.

Die Trades erfolgten gemäß einem am 7. März 2025 angenommenen 10b5-1-Plan; in den Fußnoten sind mehrere gewichtete Durchschnittspreise und Preisbereiche aufgeführt. Die Optionsfreigabe (Vesting) ist mit 1/48 pro Monat ab dem 14. März 2020 angegeben. Das Formular ist von einem Bevollmächtigten der meldepflichtigen Person unterzeichnet.

Positive
  • Transactions executed under a Rule 10b5-1 trading plan, indicating pre-established compliance with insider trading rules
  • Detailed disclosure of weighted-average sale prices and price ranges for each sale tranche, improving transparency
  • Option exercise fully disclosed with exercise price ($78.76) and vesting schedule (1/48th per month starting 03/14/2020)
Negative
  • Insider sold 8,410 shares, reducing beneficial ownership from 137,623 to 129,213 shares
  • Multiple sales on the same date could be viewed by some investors as a material insider liquidity event

Insights

TL;DR: Insider exercised options and sold shares under a 10b5-1 plan, modestly reducing holdings with transparent price ranges disclosed.

The filing shows an option exercise of 4,910 shares at an exercise price of $78.76 and concurrent sales totaling 8,410 shares executed on 08/18/2025. Sales were conducted under a Rule 10b5-1 plan adopted 03/07/2025, with weighted-average sale prices provided in footnotes and ranges disclosed for each sale block. Beneficial ownership declined from 137,623 to 129,213 shares. For investors, this is a routine liquidity event rather than a disclosed change in company fundamentals; the detailed price ranges improve transparency.

TL;DR: Transactions follow a documented 10b5-1 plan and include full explanatory footnotes, indicating procedural compliance and disclosure thoroughness.

The reporting indicates adherence to Rule 10b5-1 via a plan adopted 03/07/2025 and provides weighted-average prices plus explicit price ranges for each sale tranche, which supports compliance and transparency. The exercise and sales on the same date reduced beneficial ownership by 8,410 shares. Vesting terms for the option are noted (1/48th per month from 03/14/2020). No other governance or unusual terms are disclosed in this Form 4.

Operazioni interne di Cadence Design Systems: Il Senior Vice President Chin-Chi Teng ha esercitato opzioni e ha eseguito più vendite il 18/08/2025 nell'ambito di un piano di trading ai sensi della Rule 10b5-1. La segnalazione indica l'esercizio (Codice Transazione M) di 4.910 opzioni non qualificate con prezzo di esercizio di $78.76, che ha generato l'acquisizione di 4.910 azioni. La medesima persona ha venduto diversi blocchi di azioni (Codice Transazione S) nella stessa data per un totale di 8.410 azioni, a prezzi medi ponderati riportati nelle note. La partecipazione beneficiaria è scesa da 137.623 azioni prima delle vendite a 129.213 azioni dopo le transazioni.

Le operazioni sono state effettuate in conformità a un piano 10b5-1 adottato il 7 marzo 2025; nelle note sono indicati più prezzi medi ponderati e fasce di prezzo delle vendite. Il vesting delle opzioni è riportato come 1/48 al mese a partire dal 14 marzo 2020. Il modulo è firmato da un procuratore dell'interessato.

Transacciones internas de Cadence Design Systems: El vicepresidente senior Chin-Chi Teng ejerció opciones y realizó múltiples ventas el 18/08/2025 bajo un plan de negociación conforme a la Regla 10b5-1. El informe indica el ejercicio (Código de Transacción M) de 4.910 opciones sobre acciones no calificadas con un precio de ejercicio de $78.76, lo que resultó en la adquisición de 4.910 acciones. La persona informante vendió bloques de acciones (Código de Transacción S) en la misma fecha por un total de 8.410 acciones, a precios promedio ponderados que se detallan en las notas. La titularidad beneficiaria bajó de 137.623 acciones antes de las ventas a 129.213 acciones después de las transacciones.

Las operaciones se realizaron conforme a un plan 10b5-1 adoptado el 7 de marzo de 2025; en las notas se divulgan varios precios promedio ponderados y rangos de precios. El otorgamiento de las opciones (vesting) figura como 1/48 por mes desde el 14 de marzo de 2020. El formulario está firmado por un apoderado del declarante.

Cadence Design Systems ë‚´ë¶€ 거래: ì„ ìž„ 부사장 Chin-Chi TengëŠ� 2025ë…� 8ì›� 18ì� Rule 10b5-1 거래 계íšì—� ë”°ë¼ ì˜µì…˜ 행사 ë°� 다수ì� 매ë„ë¥� 실행했습니다. 제출서류ì—는 행사(거래 코드 M)ë¡� 비ìžê²� 스톡옵션 4,910주를 행사가ê²� $78.76ì—� 행사하여 4,910주를 ì·¨ë“í•� 것으ë¡� ë³´ê³ ë˜ì–´ 있습니다. ê°™ì€ ë‚ ì§œì—� ë³´ê³ ì¸ì€ 여러 차례ì� ì£¼ì‹ ë¸”ë¡(거래 코드 S)ì� 매ë„하여 ì´� 8,410ì£�ë¥� 처분했으ë©�, 가중í‰ê·� ê°€ê²©ì€ ê°ì£¼(ê°ì£¼)ì—� 기재ë˜ì–´ 있습니다. 유효 소유ëŠ� ë§¤ë„ ì � 137,623ì£�ì—서 거래 í›� 129,213ì£�ë¡� ê°ì†Œí–ˆìŠµë‹ˆë‹¤.

ì� ê±°ëž˜ë“¤ì€ 2025ë…� 3ì›� 7ì� 채íƒë� 10b5-1 거래계íšì—� ë”°ë¼ ì´ë£¨ì–´ì¡Œìœ¼ë©°, 여러 가중í‰ê·� 매ë„가와 가격범위가 ê°ì£¼ì—� 공개ë˜ì–´ 있습니다. 옵션ì� ë² ìŠ¤íŒ…ì€ 2020ë…� 3ì›� 14ì¼ë¶€í„� 매월 1/48ë¡� 명시ë˜ì–´ 있습니다. 서류ëŠ� ë³´ê³ ì¸ì„ 위한 대리ì¸ì� 서명했습니다.

Transactions d'initiés de Cadence Design Systems : Le Vice-Président Senior Chin-Chi Teng a exercé des options et effectué plusieurs ventes le 18/08/2025 dans le cadre d'un plan de négociation au titre de la règle 10b5-1. Le dépôt signale l'exercice (Code de transaction M) de 4 910 options non qualifiées au prix d'exercice de $78.76, ce qui a entraîné l'acquisition de 4 910 actions. La personne déclarée a vendu le même jour plusieurs blocs d'actions (Code de transaction S) pour un total de 8 410 actions, à des prix moyens pondérés indiqués en notes. La détention bénéficiaire est passée de 137 623 actions avant les ventes à 129 213 actions après les opérations.

Les transactions ont été effectuées conformément à un plan 10b5-1 adopté le 7 mars 2025 ; plusieurs prix moyens pondérés et fourchettes de prix sont divulgués en notes. Le vesting des options est indiqué à raison de 1/48 par mois à partir du 14 mars 2020. Le formulaire est signé par un mandataire de la personne déclarée.

Insider-Transaktionen von Cadence Design Systems: Senior Vice President Chin-Chi Teng hat am 18.08.2025 im Rahmen eines Rule-10b5-1-Handelsplans optionsbezogene Ausübungen und mehrere Verkäufe vorgenommen. Die Meldung weist die Ausübung (Transaktionscode M) von 4.910 nicht qualifizierten Optionen zu einem Ausübungspreis von $78.76 aus, wodurch 4.910 Aktien erworben wurden. Dieselbe meldepflichtige Person verkaufte am selben Datum mehrere Aktienblöcke (Transaktionscode S) mit insgesamt 8.410 Aktien zu in den Fußnoten angegebenen gewogenen Durchschnittspreisen. Das wirtschaftliche Eigentum sank von 137.623 Aktien vor den Verkäufen auf 129.213 Aktien nach den Transaktionen.

Die Trades erfolgten gemäß einem am 7. März 2025 angenommenen 10b5-1-Plan; in den Fußnoten sind mehrere gewichtete Durchschnittspreise und Preisbereiche aufgeführt. Die Optionsfreigabe (Vesting) ist mit 1/48 pro Monat ab dem 14. März 2020 angegeben. Das Formular ist von einem Bevollmächtigten der meldepflichtigen Person unterzeichnet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
TENG CHIN-CHI

(Last) (First) (Middle)
2655 SEELY AVENUE, BLDG. 5

(Street)
SAN JOSE CA 95134

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CADENCE DESIGN SYSTEMS INC [ CDNS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. Vice President
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/18/2025 M 4,910 A $78.76 137,623 D
Common Stock 08/18/2025 S 1,525(1) D $348.9(2) 136,098 D
Common Stock 08/18/2025 S 1,215(1) D $349.7(3) 134,883 D
Common Stock 08/18/2025 S 1,520(1) D $350.99(4) 133,363 D
Common Stock 08/18/2025 S 650(1) D $351.64(5) 132,713 D
Common Stock 08/18/2025 S 1,520(1) D $349.11(6) 131,193 D
Common Stock 08/18/2025 S 860(1) D $350.14(7) 130,333 D
Common Stock 08/18/2025 S 1,120(1) D $351.4(8) 129,213 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non- Qualified Stock Option (right to buy) $78.76 08/18/2025 M 4,910 (9) 02/14/2027 Common Stock 4,910 $0 5,000 D
Explanation of Responses:
1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 3/7/2025 by the Reporting Person.
2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $348.30 to $349.21, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $349.335 to $350.0, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $350.445 to $351.43, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $351.47 to $351.95, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
6. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $348.525 to $349.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
7. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $349.825 to $350.595, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
8. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $351.11 to $352.07, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
9. Option vests at a rate of 1/48th per month starting on March 14, 2020.
Remarks:
/s/ Ahalya Hildreth, Attorney-in-Fact for Chin-Chi Teng 08/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did CDNS Sr. Vice President Chin-Chi Teng report on Form 4?

The Form 4 reports an option exercise of 4,910 shares at an exercise price of $78.76 and multiple sales totaling 8,410 shares on 08/18/2025.

Were the sales executed under a trading plan for CDNS insider Chin-Chi Teng?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 03/07/2025.

How did beneficial ownership change after the reported transactions for CDNS?

Beneficial ownership decreased from 137,623 shares before the transactions to 129,213 shares after the transactions.

What sale prices were disclosed for the CDNS sales on 08/18/2025?

The Form 4 provides weighted-average prices for each sale tranche and footnote ranges. Sales occurred at weighted-average prices with ranges reported (examples: $348.30�$349.21, $351.11�$352.07, among others).

What are the vesting terms noted for the exercised option in the CDNS Form 4?

The filing discloses that the option vests at a rate of 1/48th per month beginning on 03/14/2020.
Cadence Design System Inc

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Software - Application
Services-prepackaged Software
United States
SAN JOSE