Sr. VP Chin-Chi Teng sells 4,500 shares for $1.7M under 10b5-1 plan at CDNS; retains 145.3K shares
Chin-Chi Teng executed 11 separate sales totaling 4,500 shares for $1,731,970.00 on 2026-06-22 under a pre-arranged 10b5-1 trading plan, reducing his non-derivative holdings from 149,781 shares to 145,281 shares. The blended average price was $384.88, and the current price stands at $372.40, placing the stock -10.6% from the 52-week high of $416.69. As a scheduled transaction, this sale does not reflect discretionary timing decisions. Teng retains 145,281 non-derivative shares plus 10,668 shares in non-qualified stock options, maintaining a material position in the company.