Senior insider sale
President at CADENCE DESIGN SYSTEMS INC — senior position signals high conviction
$19.20M
51.89K shares
What this filing means
DEVGAN ANIRUDH plans to sell 51.89K shares of CADENCE DESIGN SYSTEMS INC valued at approximately $19.20M. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.
Filed: 5/22/2026ACC: 0001950047-26-004945
Officer· President
Since Aug 2018
51.89K
Shares to sell
$19.20M
Approx. market value
51.89K
Acquired (3 months)
1
Planned
Securities Acquired — Last 3 Months3
Stock Option Exercise
Cash
5/22/2026
25KPerformance Shares
Not Applicable
3/15/2026
5.33KPerformance Shares
Not Applicable
3/17/2025
21.56KTotal acquired51.89K
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
5/22/2026 | Stock Option Exercise Cash | 25K | — |
3/15/2026 | Performance Shares Not Applicable | 5.33K | — |
3/17/2025 | Performance Shares Not Applicable | 21.56K | — |
| Total | 51.89K | ||
Planned & Completed Dispositions1
NASDAQPlanned
Units to sell
51.89K
Market value
$19.20M
5/22/2026
Total
Units
51.89K
Value
$19.20M
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
5/22/2026 | 51.89K | $19.20M | NASDAQ | Planned |
| Total | 51.89K | $19.20M | ||