Cadence SVP has 793 shares withheld for taxes

Cadence Design Systems senior vice president had shares withheld for taxes on vested performance stock, with 137,256 CDNS shares remaining.

Available on EDGAR 09/17/2026 - 05:43 PM EDT Accepted by SEC EDGAR 09/17/2026 - 05:42 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

CADENCE DESIGN SYSTEMS INC (CDNS) senior vice president Chin-Chi Teng reported an automatic disposition related to equity compensation. On September 15, 2026, 793 shares of common stock were withheld to satisfy tax obligations arising from the vesting of a Performance Stock Award at a price of $273.96 per share. After this withholding, Teng held 137,256 shares of CDNS common stock directly. No Rule 10b5-1 trading plan is indicated.

Insider Trade Summary

Tax Withholding: 793 shares

Tax Withholding 1 txn

Insider TENG CHIN-CHI

Role Sr. Vice President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	793	$273.96	$217K

Holdings After Transaction: Common Stock — 137,256 shares (Direct)

Holdings Before and After: Common Stock, 138,049 to 137,256 shares (Direct)

Footnotes (1)

1. F1. Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Award.

Key Figures

Shares withheld for taxes: 793 shares Price per share: $273.96 per share Shares held after transaction: 137,256 shares

3 metrics

Shares withheld for taxes 793 shares Withheld on September 15, 2026 to satisfy tax obligations from Performance Stock Award vesting

Price per share $273.96 per share Value used for the 793-share tax-withholding transaction on September 15, 2026

Shares held after transaction 137,256 shares Direct CDNS common stock holdings of Chin-Chi Teng following the transaction

Key Terms

Performance Stock Award, Rule 10b5-1 trading plan, tax obligations

3 terms

Performance Stock Award financial

"Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Award"

Rule 10b5-1 trading plan regulatory

"No Rule 10b5-1 trading plan is indicated for this transaction"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

tax obligations financial

"Shares withheld to satisfy tax obligations arising out of vesting"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CDNS executive Chin-Chi Teng report on September 15, 2026?

Chin-Chi Teng reported that 793 CDNS shares of common stock were withheld on September 15, 2026 to satisfy tax obligations from the vesting of a Performance Stock Award, at a reported price of $273.96 per share.

Did the CDNS insider transaction involve an open-market sale or purchase?

No. The Form 4 shows a code F transaction, described as payment of tax liability by delivering or withholding securities tied to a Performance Stock Award vesting, not an open-market sale or purchase.

How many CDNS shares does Chin-Chi Teng hold after the reported transaction?

After the September 15, 2026 tax-withholding transaction, Chin-Chi Teng held 137,256 shares of Cadence Design Systems common stock directly, according to the Form 4.

What price per share is associated with the CDNS tax-withholding transaction?

The Form 4 reports that the 793 shares withheld for taxes were valued at $273.96 per share in the September 15, 2026 transaction related to the Performance Stock Award vesting.

Was the CDNS insider transaction made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote indicating that the September 15, 2026 tax-withholding transaction was made under a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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).

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 CALIFORNIA 95134

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	09/15/2026		F		793(1)	D	$273.96	137,256	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

Explanation of Responses:

1. Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Award.

Remarks:

	/s/ Ahalya Hildreth, Attorney-in-Fact for Chin-Chi Teng	09/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)