CDNS Filing
4Filing Date: Jun 3, 2026
CADENCE DESIGN SYSTEMS INC (CDNS) · Insider Trading (Form 4) SEC Filing
Statement of Changes in Beneficial Ownership
descriptionView SEC Filing
ACC: 0000813672-26-000077open_in_new
Total Value$32.96M
Trades4
Insiders1
Transaction Details
DEVGAN ANIRUDH
President and CEO, Director·Direct
Sell · Dispose
Common Stock
Shares-25.00K
Price$415.00
Total Value$10.38M
Shares Owned After253.52K
Transaction DateJun 2, 2026
10b5-1
Footnotes ▸
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.
DEVGAN ANIRUDH
President and CEO, Director·Direct
Exercise · Acquire
Common Stock
Shares+26.82K
Price$78.76
Total Value$2.11M
Shares Owned After330.35K
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸
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.
DEVGAN ANIRUDH
President and CEO, Director·Direct
Exercise · Dispose
Non Qualified Stock Option (right to buy)Derivative
Shares-26.82K
Price$0.00
Total Value$0
Shares Owned After0
Transaction DateJun 1, 2026
ExpiresFeb 14, 2027
10b5-1
Footnotes ▸
These options vested at a rate of 1/48th per month.
DEVGAN ANIRUDH
President and CEO, Director·Direct
Sell · Dispose
Common Stock
Shares-51.82K
Price$395.00
Total Value$20.47M
Shares Owned After278.52K
Transaction DateJun 1, 2026
10b5-1
Footnotes ▸
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.
Post-Transaction Holdings
DEVGAN ANIRUDH
| Security | Shares | Change |
|---|---|---|
| Common Stock | 253.52K | -50.01K (-16.48%) |
| Non Qualified Stock Option (right to buy) | 0 | -26.82K (-100.00%) |
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-06-01
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
--- Reporting Owner ---
Name: DEVGAN ANIRUDH
CIK: 0001591933
Role: Director, Officer (President and CEO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-06-01 | Code: M (Exercise of derivative)
Shares: +26,821 | Price: $78.76
Total Value: $2,112,421.96
Shares Owned After: 330,346 | Ownership: D (Direct)
Footnotes:
[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.
[Transaction #2]
Security: Common Stock
Date: 2026-06-01 | Code: S (Open market sale)
Shares: -51,822 | Price: $395.00
Total Value: $20,469,690.00
Shares Owned After: 278,524 | Ownership: D (Direct)
Footnotes:
[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.
[Transaction #3]
Security: Common Stock
Date: 2026-06-02 | Code: S (Open market sale)
Shares: -25,005 | Price: $415.00
Total Value: $10,377,075.00
Shares Owned After: 253,519 | Ownership: D (Direct)
Footnotes:
[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.
--- Derivative Transactions ---
[Transaction #1]
Security: Non Qualified Stock Option (right to buy)
Date: 2026-06-01 | Code: M (Exercise of derivative)
Shares: -26,821 | Price: $0.00
Exercisable: N/A | Expires: 2027-02-14
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F2] These options vested at a rate of 1/48th per month.
--- Footnotes (Complete Index) ---
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.
--- Signature ---
/s/ /s/ Ahalya Hildreth, Attorney-in-Fact for Anirudh Devgan (2026-06-03)