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Cadence Design Systems | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC ·  Jan 3 21:51

Summary by Moomoo AI

Chin-Chi Teng, an officer of Cadence Design Systems, plans to sell 12,500 shares of common stock on 01/03/2025. The transaction, valued at approximately $3.75 million, stems from a stock option exercise. The shares were acquired from the issuer on the same date as the planned sale.This sale follows recent transactions by Teng. In the past three months, he sold a total of 15,758 shares, generating gross proceeds of about $4.74 million. These previous sales occurred on 11/22/2024 (5,758 shares) and 11/15/2024 (10,000 shares).The planned sale is part of a pre-arranged trading plan adopted on 08/16/2024, demonstrating a structured approach to the officer's stock transactions. This information provides insight into the insider trading activities at Cadence Design Systems, which may be of interest to investors monitoring executive stock movements.
Chin-Chi Teng, an officer of Cadence Design Systems, plans to sell 12,500 shares of common stock on 01/03/2025. The transaction, valued at approximately $3.75 million, stems from a stock option exercise. The shares were acquired from the issuer on the same date as the planned sale.This sale follows recent transactions by Teng. In the past three months, he sold a total of 15,758 shares, generating gross proceeds of about $4.74 million. These previous sales occurred on 11/22/2024 (5,758 shares) and 11/15/2024 (10,000 shares).The planned sale is part of a pre-arranged trading plan adopted on 08/16/2024, demonstrating a structured approach to the officer's stock transactions. This information provides insight into the insider trading activities at Cadence Design Systems, which may be of interest to investors monitoring executive stock movements.
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This announcement is a separate document:

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