Form 4: Cadence Design SVP Sells Shares After Option Exercise
Insider Transaction Report
Cadence Design Systems' Senior Vice President, Chin-Chi Teng, exercised stock options and subsequently sold a portion of common stock under a pre-arranged trading plan.
Summary
- Chin-Chi Teng, Sr. Vice President of Cadence Design Systems Inc. (CDNS), reported transactions involving the company's common stock.
- Exercised non-qualified stock options to acquire 3,000 shares of common stock at an exercise price of $78.76 per share.
- Sold 6,319 shares of common stock at a price of $317.96 per share.
- These transactions occurred on January 8, 2026, and were executed pursuant to a Rule 10b5-1 trading plan adopted on August 7, 2025.
- Following these reported transactions, Chin-Chi Teng beneficially owns 116,762 shares of Cadence Design Systems common stock.
Sentiment
Score: 5
Explanation: A Form 4 filing is a factual disclosure of insider transactions and does not inherently convey positive or negative sentiment regarding the company's operational performance or future prospects. The transactions were executed under a pre-arranged 10b5-1 plan.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This insider transaction report is specific to an individual's stock activity and does not provide information directly related to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders may note the insider selling activity, which was pre-planned under Rule 10b5-1, indicating a scheduled liquidity event rather than a reaction to new company information.
Key Dates
| Date | Description |
|---|---|
| 08/07/2025 | Rule 10b5-1 Trading Plan adopted by the Reporting Person. |
| 01/08/2026 | Date of stock option exercise and common stock sale transactions. |
| 01/12/2026 | Date Form 4 was signed by the Attorney-in-Fact. |
| 02/14/2027 | Expiration date of the Non-Qualified Stock Option. |
Keywords
Cadence Design Systems, CDNS, Insider Trading, Form 4, Stock Option Exercise, Stock Sale, Rule 10b5-1, Chin-Chi Teng
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