Cadence SVP has 1,181 shares withheld for taxes

Cadence Design Systems’ senior vice president had shares withheld to cover taxes from vesting RSUs, leaving him with a reported 136,075 CDNS shares held directly.

Rhea-AI Filing Summary

CADENCE DESIGN SYSTEMS INC (CDNS) reported an insider transaction by Sr. Vice President Chin-Chi Teng involving the disposition of shares to cover taxes on equity compensation. On September 17, 2026, 1,181 shares of common stock were withheld to satisfy tax obligations arising from the vesting of Restricted Stock Units. After this withholding transaction, Teng directly held 136,075 shares of Cadence common stock. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Tax Withholding: 1,181 shares

Tax Withholding 1 txn

Insider TENG CHIN-CHI

Role Sr. Vice President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	1,181	$280.76	$332K

Holdings After Transaction: Common Stock — 136,075 shares (Direct)

Footnotes (1)

1. F1. Shares withheld to satisfy tax obligations arising out of vesting of Restricted Stock Unit.

Key Figures

Shares withheld for tax obligations: 1,181 shares Tax-withholding reference price: $280.76 per share Direct holdings after transaction: 136,075 shares

3 metrics

Shares withheld for tax obligations 1,181 shares Common stock withheld on September 17, 2026 to satisfy tax from RSU vesting

Tax-withholding reference price $280.76 per share Reported price for the 1,181 Cadence common shares withheld on September 17, 2026

Direct holdings after transaction 136,075 shares Cadence common stock directly held by Chin-Chi Teng following the September 17, 2026 withholding

Key Terms

Restricted Stock Unit, Form 4, Rule 10b5-1

3 terms

Restricted Stock Unit financial

"Shares withheld to satisfy tax obligations arising out of vesting of Restricted Stock Unit"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Form 4 regulatory

"according to the Form 4 filing"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Rule 10b5-1 regulatory

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

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

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

What insider transaction did Cadence Design Systems (CDNS) report for Chin-Chi Teng?

Cadence reported that Sr. Vice President Chin-Chi Teng had 1,181 shares of common stock withheld on September 17, 2026 to satisfy tax obligations from the vesting of Restricted Stock Units, as disclosed in a Form 4 filing.

Was the Cadence (CDNS) Form 4 transaction a market sale or tax withholding?

The Form 4 states the transaction was a payment of tax liability by delivering or withholding securities. A footnote clarifies the 1,181 shares were withheld to satisfy tax obligations from the vesting of Restricted Stock Units, not an open-market sale.

What was the price used for the CDNS shares withheld for taxes?

The Form 4 reports a price of $280.76 per share for the 1,181 shares of Cadence common stock withheld on September 17, 2026 to cover tax obligations related to Restricted Stock Unit vesting.

How many Cadence (CDNS) shares does Chin-Chi Teng hold after this Form 4 transaction?

After the reported tax-withholding transaction, Sr. Vice President Chin-Chi Teng directly held 136,075 shares of Cadence Design Systems common stock, according to the Form 4 filing.

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

No. The filing’s Rule 10b5-1 plan checkbox is not affirmed, and there is no footnote indicating a pre-arranged Rule 10b5-1 trading plan for this September 17, 2026 tax-withholding transaction.

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

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Available on EDGAR 09/21/2026 - 05:22 PM Accepted by SEC EDGAR 09/21/2026 - 05:22 PM Learn about SEC filing dates

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)
09/17/2026

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	09/17/2026		F		1,181(1)	D	$280.76	136,075	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 Restricted Stock Unit.

Remarks:

	/s/ Ahalya Hildreth, Attorney-in-Fact for Chin-Chi Teng	09/21/2026
	** 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)