Cadence Design Systems SVP Chin-Chi Teng Sells 4,732 Shares for $1.5 Million
Teng exercised 1,000 stock options before the sale under a pre-arranged Rule 10b5-1 trading plan established in February, retaining 138,049 shares worth $44 million.
Teng exercised 1,000 stock options before the sale under a pre-arranged Rule 10b5-1 trading plan established in February, retaining 138,049 shares worth $44 million.
BELLINGS Intelligence Score: 5
Why it matters
This is a routine insider stock sale under a pre-arranged trading plan with no direct impact on credit markets, underwriting, or systemic conditions.
Sources
The Motley Fool
Cadence Design Systems SVP Chin-Chi Teng Sells 4,732 Shares for $1.5 Million
Teng exercised 1,000 stock options before the sale under a pre-arranged Rule 10b5-1 trading plan established in February, retaining 138,049 shares worth $44 million.
Nasdaq
Cadence Design Systems SVP Chin-Chi Teng Sells 4,732 Shares for $1.5 Million
Key PointsThe disposition of 4,732 shares generated proceeds of ~$1.5 million on August 21, 2026.