TENG CHIN-CHI sold CDNS
March 15, 2024 · Form 4 insider transaction
TENG CHIN-CHI sold 22,802 shares of Cadence Design Systems, Inc. at $298.44 per share, a transaction worth $6.81M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Disposed (sell-side)
Shares
22,802
Price
$298.44
Total value
$6.81M
InsiderTENG CHIN-CHI
Role—
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateMarch 15, 2024
Filing dateMarch 19, 2024
Shares owned after85,803
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Award.