Cadence Design Systems (CDNS) SVP Chin-Chi Teng exercises options, sells shares

Rhea-AI Filing Summary

Cadence Design Systems senior vice president Chin-Chi Teng reported an option exercise and share sale in Cadence Design Systems common stock. On 01/08/2026, Teng exercised a non-qualified stock option for 3,000 shares at $78.76 per share and acquired 3,000 shares of common stock. On the same day, Teng sold 6,319 shares of common stock at $317.96 per share. After these transactions, Teng directly owned 116,762 shares of Cadence Design Systems common stock. The filing notes that the transactions were carried out under a Rule 10b5-1 trading plan adopted on 08/07/2025 and that the option vests at a rate of 1/48th per month.

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)
01/08/2026

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	01/08/2026		M		3,000(1)	A	$78.76	123,081	D
Common Stock	01/08/2026		S		6,319(1)	D	$317.96	116,762	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	01/08/2026		M			3,000	(2)	02/14/2027	Common Stock	3,000	$0	0	D

Explanation of Responses:

1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 8/7/2025 by the Reporting Person.

2. Option vests at a rate of 1/48th per month.

Remarks:

	/s/ Ahalya Hildreth, Attorney-in-Fact for Chin-Chi Teng	01/12/2026
	** 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 Cadence Design Systems (CDNS) report for Chin-Chi Teng?

The filing reports that Sr. Vice President Chin-Chi Teng exercised a non-qualified stock option for 3,000 shares of Cadence Design Systems common stock at $78.76 per share and sold 6,319 shares of common stock at $317.96 per share on 01/08/2026.

How many Cadence Design Systems (CDNS) shares does Chin-Chi Teng own after the reported transactions?

After the reported option exercise and share sale on 01/08/2026, Chin-Chi Teng directly owns 116,762 shares of Cadence Design Systems common stock.

Was the Cadence Design Systems (CDNS) insider transaction made under a Rule 10b5-1 plan?

Yes. The filing states that the transactions reported were effected pursuant to a Rule 10b5-1 trading plan adopted on 08/07/2025 by the reporting person.

What type of derivative security did Cadence Design Systems (CDNS) report for Chin-Chi Teng?

The filing lists a non-qualified stock option with an exercise price of $78.76 per share, covering 3,000 underlying shares of Cadence Design Systems common stock and an expiration date of 02/14/2027.

How does the reported stock option for Cadence Design Systems (CDNS) vest for Chin-Chi Teng?

The filing explains that the option held by Chin-Chi Teng vests at a rate of 1/48th per month, indicating gradual monthly vesting over the option’s term.

What is Chin-Chi Teng’s role at Cadence Design Systems (CDNS) according to the filing?

According to the filing, Chin-Chi Teng is an officer of Cadence Design Systems, serving as Sr. Vice President, and is not listed as a director or 10% owner.