ANIRUDH DEVGAN - 05 Dec 2025 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Signature
/s/ Ahalya Hildreth, Attorney-in-Fact for Anirudh Devgan
Issuer symbol
CDNS
Transactions as of
05 Dec 2025
Net transactions value
-$5,224,800
Form type
4
Filing time
09 Dec 2025, 20:09:47 UTC
Previous filing
07 Nov 2025
Next filing
05 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
DEVGAN ANIRUDH President and CEO, Director 2655 SEELY AVENUE, BLDG. 5, SAN JOSE /s/ Ahalya Hildreth, Attorney-in-Fact for Anirudh Devgan 09 Dec 2025 0001591933

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Options Exercise $1,575,200 +20,000 +10% $78.76 215,844 05 Dec 2025 Direct
transaction CDNS Common Stock Sale $6,800,000 -20,000 -9.3% $340.00 195,844 05 Dec 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CDNS Non Qualified Stock Option (right to buy) Options Exercise $0 -20,000 -28% $0.000000 51,821 05 Dec 2025 Common Stock 20,000 $78.76 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 9/6/2024 and first amended on 8/6/2025 by the Reporting Person.
F2 These options vested at a rate of 1/48th per month.