SEC Form 4 · accession 0000813672-26-000077
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anirudh Devgan
Officer — President and CEO · Director
Period of report
Jun 1, 2026
Accepted (ET)
Jun 3, 2026 · 7:26 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0000813672
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 1, 2026 | M | 26,821 | $78.76 | A | 330,346 | D | |
| Common StockF1 | Jun 1, 2026 | S | 51,822 | $395.00 | D | 278,524 | D | |
| Common StockF1 | Jun 2, 2026 | S | 25,005 | $415.00 | D | 253,519 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Qualified Stock Option (right to buy)F2 | $78.76 | Jun 1, 2026 | M | 26,821 | D | — | Feb 14, 2027 | Common Stock | 26,821 | 0 | D |
Explanation of responses
- F1The 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.
- F2These options vested at a rate of 1/48th per month.