Senior insider sale
President at CADENCE DESIGN SYSTEMS INC — senior position signals high conviction
$50.04M
128.71K shares
What this filing means
DEVGAN ANIRUDH plans to sell 128.71K shares of CADENCE DESIGN SYSTEMS INC valued at approximately $50.04M. 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: 6/2/2026ACC: 0001950047-26-005536
Officer· President
Since Aug 2018
128.71K
Shares to sell
$50.04M
Approx. market value
25K
Acquired (3 months)
1
Planned
2 completed
Securities Acquired — Last 3 Months2
Restricted Stock
Not Applicable
3/17/2026
3.44KPerformance Shares
Not Applicable
3/17/2025
21.57KTotal acquired25K
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
3/17/2026 | Restricted Stock Not Applicable | 3.44K | — |
3/17/2025 | Performance Shares Not Applicable | 21.57K | — |
| Total | 25K | ||
Planned & Completed Dispositions3
Completed
—Completed
Units to sell
51.82K
Market value
$20.47M
6/1/2026
—Completed
Units to sell
51.89K
Market value
$19.20M
5/22/2026
Planned — Approximate Date
NASDAQPlanned
Units to sell
25K
Market value
$10.38M
6/2/2026
Total
Units
128.71K
Value
$50.04M
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
| Completed | ||||
6/1/2026 | 51.82K | $20.47M | — | Completed |
5/22/2026 | 51.89K | $19.20M | — | Completed |
| Planned — Approximate Date | ||||
6/2/2026 | 25K | $10.38M | NASDAQ | Planned |
| Total | 128.71K | $50.04M | ||