Trade Summary

6 days ago, DEVGAN ANIRUDH, serving as President and CEO at CADENCE DESIGN SYSTEMS INC (CDNS), sold 51,887 shares at $370.00 per share, for a total transaction value of $19,198,190.00. Following this transaction, DEVGAN ANIRUDH now holds 303,525 shares of CDNS.

This sale represents a 14.60% decrease in DEVGAN ANIRUDH's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, May 22, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, May 27, 2026 at 6:08 PM ET, 5 days after the trade was made.

CADENCE DESIGN SYSTEMS INC operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.