Cadence Design Systems SVP Chin-Chi Teng Reports Tax Withholding of 1,181 Shares

Insider Filing Analysis: Cadence Design Systems Inc. (CDNS)

Overview

On September 21, 2026, Chin-Chi Teng, Senior Vice President of Cadence Design Systems Inc., filed Form 4 disclosing a transaction dated September 17, 2026. The transaction involved the disposition of 1,181 shares of common stock at a price of $280.76 per share, totaling $331,577.56.

Transaction Nature

• Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities).
• Footnote Context: The filing specifies that shares were withheld automatically to satisfy tax withholding obligations triggered by the vesting of Restricted Stock Units (RSUs).
• Discretion: This is a non-discretionary, mandatory tax withholding transaction rather than an active open-market sale.

Ownership & Sentiment Impact

• Post-Transaction Holdings: Chin-Chi Teng directly retains 136,075 shares following this transaction.
• Significance Assessment: Low. Dispositions coded 'F' are routine administrative events associated with equity compensation schedules and do not reflect management's sentiment or outlook on the company's valuation or prospects.