CADENCE DESIGN SYSTEMS INC (CDNS) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-05-22 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: 2026-05-22 | Code: M (Exercise of derivative) Shares: +25,000 | Price: $78.76 Total Value: $1,969,000.00 Shares Owned After: 355,412 | 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: 2026-05-22 | Code: S (Open market sale) Shares: -51,887 | Price: $370.00 Total Value: $19,198,190.00 Shares Owned After: 303,525 | 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: 2026-05-22 | Code: M (Exercise of derivative) Shares: -25,000 | Price: $0.00 Exercisable: N/A | Expires: 2027-02-14 Shares Owned After: 26,821 | 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 (2026-05-27)