Anirudh Devgan - 01 Jun 2026 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Reporting relationship: President and CEO, Director
Issuer ticker: CDNS
Reported as of: 01 Jun 2026
Net transaction value: -$30,846,765
SEC form: 4
Accepted by SEC: 03 Jun 2026, 19:26:39 UTC
Prior SEC filing: 27 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Ahalya Hildreth, Attorney-in-Fact for Anirudh Devgan

Key filing fact

Anirudh Devgan filed Form 4 for CADENCE DESIGN SYSTEMS INC (CDNS) on 03 Jun 2026.

Key facts

This page summarizes Anirudh Devgan's Form 4 filing for CADENCE DESIGN SYSTEMS INC (CDNS).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 03 Jun 2026, 19:26.

Change

Previous filing in this sequence was filed on 27 May 2026.
Current net transaction value: -$30,846,765.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001591933 Primary reporting owner

DEVGAN ANIRUDH

Relationship: President and CEO, Director
Address: 2655 SEELY AVENUE, BLDG. 5, SAN JOSE
Signature: /s/ Ahalya Hildreth, Attorney-in-Fact for Anirudh Devgan
Signature date: 03 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CDNS transaction

Common Stock

Options Exercise

Transaction value
Shares: +26,821
Change %: +8.8%
Price: $78.76^*
Shares after: 330,346
Date: 01 Jun 2026
Ownership: Direct
Footnotes: F1

CDNS transaction

Common Stock

Sale

Transaction value: $20,469,690
Shares: -51,822
Change %: -16%
Price: $395.00
Shares after: 278,524
Date: 01 Jun 2026
Ownership: Direct
Footnotes: F1

CDNS transaction

Common Stock

Sale

Transaction value: $10,377,075
Shares: -25,005
Change %: -9%
Price: $415.00
Shares after: 253,519
Date: 02 Jun 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CDNS transaction Derivative

Non Qualified Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -26,821
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jun 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 26,821
Exercise price: $78.76
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

These options vested at a rate of 1/48th per month.