Trade Summary

4 days ago, DEVGAN ANIRUDH, serving as President and CEO at CADENCE DESIGN SYSTEMS INC (CDNS), sold 76,827 shares at $401.51 per share, for a total transaction value of $30,846,765.00. Following this transaction, DEVGAN ANIRUDH now holds 253,519 shares of CDNS.

This sale represents a 23.26% 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 Monday, June 1, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, June 3, 2026 at 7:26 PM ET, 2 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.