4Filing Date: Mar 20, 2026
Cadence Design Systems (CDNS)
Statement of Changes in Beneficial Ownership
View SEC Filing
ACC: 0000813672-26-000035
Total Value$5.25M
Trades3
Insiders1
Transaction Details
DEVGAN ANIRUDH
President and CEO, Director·Direct
Grant · Acquire
Common Stock
Shares+43.32K
Price$0.00
Total Value$0
Shares Owned After348.55K
Transaction DateMar 18, 2026
Footnotes ▸
Represents Performance-Based Restricted Stock Units that have met the performance criteria, which vest in three equal annual installments on the first, second and third anniversaries of the grant date subject to continued service
DEVGAN ANIRUDH
President and CEO, Director·Direct
Grant · Acquire
Common Stock
Shares+146.85K
Price$0.00
Total Value$0
Shares Owned After305.23K
Transaction DateMar 18, 2026
Footnotes ▸
Represents Performance-Based Restricted Stock Units that have met the performance criteria.
DEVGAN ANIRUDH
President and CEO, Director·Direct
Tax W/H · Dispose
Common Stock
Shares-18.14K
Price$289.64
Total Value$5.25M
Shares Owned After330.41K
Transaction DateMar 18, 2026
Footnotes ▸
Shares withheld to satisfy tax obligations arising out of vesting of Performance-Based Restricted Stock Units that have met the performance criteria.
Post-Transaction Holdings
DEVGAN ANIRUDH · President and CEO, Director
| Security | Shares | Change |
|---|---|---|
| Common Stock | 348.55K | +172.03K (97.46%) |
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-03-18
10b5-1 Pre-arranged Plan: No
--- 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: 2026-03-18 | Code: A (Grant or award)
Shares: +146,849 | Price: $0.00
Shares Owned After: 305,232 | Ownership: D (Direct)
Footnotes:
[F1] Represents Performance-Based Restricted Stock Units that have met the performance criteria.
[Transaction #2]
Security: Common Stock
Date: 2026-03-18 | Code: A (Grant or award)
Shares: +43,318 | Price: $0.00
Shares Owned After: 348,550 | Ownership: D (Direct)
Footnotes:
[F2] Represents Performance-Based Restricted Stock Units that have met the performance criteria, which vest in three equal annual installments on the first, second and third anniversaries of the grant date
subject to continued service
[Transaction #3]
Security: Common Stock
Date: 2026-03-18 | Code: F (Payment of exercise/tax)
Shares: -18,138 | Price: $289.64
Total Value: $5,253,490.32
Shares Owned After: 330,412 | Ownership: D (Direct)
Footnotes:
[F3] Shares withheld to satisfy tax obligations arising out of vesting of Performance-Based Restricted Stock Units that have met the performance criteria.
--- Footnotes (Complete Index) ---
F1: Represents Performance-Based Restricted Stock Units that have met the performance criteria.
F2: Represents Performance-Based Restricted Stock Units that have met the performance criteria, which vest in three equal annual installments on the first, second and third anniversaries of the grant date
subject to continued service
F3: Shares withheld to satisfy tax obligations arising out of vesting of Performance-Based Restricted Stock Units that have met the performance criteria.
--- Signature ---
/s/ /s/ Ahalya Hildreth, Attorney-in-Fact for Anirudh Devgan (2026-03-20)