Senior insider sale
President at CADENCE DESIGN SYSTEMS INC — senior position signals high conviction
$39.67M
103.71K shares
What this filing means
DEVGAN ANIRUDH plans to sell 103.71K shares of CADENCE DESIGN SYSTEMS INC valued at approximately $39.67M. 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: 6/1/2026ACC: 0001950047-26-005401
Officer· President
Since Aug 2018
103.71K
Shares to sell
$39.67M
Approx. market value
51.82K
Acquired (3 months)
1
Planned
1 completed
Securities Acquired — Last 3 Months3
Stock Option Exercise
Cash
6/1/2026
26.82KRestricted Stock
Not Applicable
3/17/2026
3.44KPerformance Shares
Not Applicable
3/17/2025
21.56KTotal acquired51.82K
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
6/1/2026 | Stock Option Exercise Cash | 26.82K | — |
3/17/2026 | Restricted Stock Not Applicable | 3.44K | — |
3/17/2025 | Performance Shares Not Applicable | 21.56K | — |
| Total | 51.82K | ||
Planned & Completed Dispositions2
Completed
—Completed
Units to sell
51.89K
Market value
$19.20M
5/22/2026
Planned — Approximate Date
NASDAQPlanned
Units to sell
51.82K
Market value
$20.47M
6/1/2026
Total
Units
103.71K
Value
$39.67M
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
| Completed | ||||
5/22/2026 | 51.89K | $19.20M | — | Completed |
| Planned — Approximate Date | ||||
6/1/2026 | 51.82K | $20.47M | NASDAQ | Planned |
| Total | 103.71K | $39.67M | ||