Cadence (CDNS) Rule 144 Notice: 8,410 Shares to Be Sold via Morgan Stanley

Rhea-AI Filing Summary

This Rule 144 notice reports a proposed sale of 8,410 shares of common stock of the issuer through Morgan Stanley Smith Barney LLC on 08/18/2025 with an aggregate market value of $2,944,363.00. The filing states there are 272,490,000 shares outstanding. The listed broker address is 1 New York Plaza, 8th Floor, New York, NY.

Acquisition details shown on the form indicate 3,500 shares were received as performance shares on 03/15/2024, and 4,910 shares are being sold following a stock option exercise on 08/18/2025 with payment in cash. The filer also disclosed multiple recent sales by Chin-Chi Teng in June and July 2025 totaling 20,390 shares with reported gross proceeds for each sale included in the table.

Insights

Securities Analyst

TL;DR Routine insider sale notice showing small planned disposition relative to total shares outstanding.

The filing documents a Rule 144 notice for 8,410 common shares to be sold through Morgan Stanley on 08/18/2025 with an aggregate market value of $2,944,363 and total shares outstanding of 272,490,000. Acquisition entries show a mix of performance shares and shares from an option exercise. The form also discloses multiple recent sales by an individual named Chin-Chi Teng in June and July 2025 with detailed gross proceeds. Overall, this is a transactional disclosure without earnings or covenant information; its immediate market impact appears limited based solely on the quantities reported.

Corporate Governance Expert

TL;DR Compliance-focused filing that documents insider dispositions and confirms required representations.

The notice includes the seller’s representation that they are unaware of undisclosed material adverse information and provides acquisition and payment details for the securities being sold. It lists the broker, acquisition dates, and payment method for option-exercised shares. The disclosure of prior three-month sales by the same person supports transparency around insider trading activity. This filing functions as required compliance documentation rather than signaling a governance event.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	8410	2944363.00	272490000	08/18/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/15/2024	Performance Shares	ISSUER			3500	03/15/2024	Not Applicable
Common	08/18/2025	Stock Option Exercise	ISSUER			4910	08/18/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
CHIN-CHI TENG 2655 Seely Avenue San Jose CA 95134	Common	07/17/2025	5588	1747175.37
CHIN-CHI TENG 2655 Seely Avenue San Jose CA 95134	Common	07/17/2025	3500	1094499.35
CHIN-CHI TENG 2655 Seely Avenue San Jose CA 95134	Common	06/17/2025	5392	1622564.41
CHIN-CHI TENG 2655 Seely Avenue San Jose CA 95134	Common	06/17/2025	3500	1053247.30

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the CDNS Form 144 report?

The filing reports a proposed sale of 8,410 common shares through Morgan Stanley on 08/18/2025 with aggregate market value $2,944,363.00.

How many shares outstanding does the filing list for CDNS?

The form lists 272,490,000 shares outstanding.

What were the acquisition sources and dates for the shares being sold?

The table shows 3,500 shares acquired as performance shares on 03/15/2024 and 4,910 shares from a stock option exercise on 08/18/2025 with cash payment.

Were there prior sales disclosed in the past three months?

Yes. The filer discloses multiple sales by Chin-Chi Teng on 06/17/2025 and 07/17/2025 totaling 20,390 shares with gross proceeds listed for each transaction.

Which broker is handling the proposed sale?

The broker named is Morgan Stanley Smith Barney LLC, address 1 New York Plaza 8th Floor New York NY 10004.