Form 4 Filing for Anirudh Devgan

2026-05-27SEC Filing 4 (0000813672-26-000071)

Anirudh Devgan, President and CEO of Cadence Design Systems Inc., reported several transactions on May 22, 2026. Devgan acquired 25,000 shares of Common Stock under a Rule 10b5-1 trading plan at a price of $78.76 per share, increasing his post-transaction holdings to 355,412 shares. Concurrently, Devgan disposed of 51,887 shares of Common Stock at $370.00 per share, resulting in 303,525 shares remaining. Additionally, Devgan exercised options to acquire 25,000 shares of Common Stock, with the options vesting monthly. The exercise price for these options was $78.76, and he now holds 26,821 shares post-transaction. The transactions were executed under a pre-arranged trading plan.