Insider trade

CEO exercised or converted 25K CDNS derivative securities

Traded May 22, 2026 · Filed May 28, 2026

Cadence Design SystemsCDNS

25K
Derivative units

Why it stands out

Derivative exercise or conversion — not an open-market buy.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 22, 2026
Reporting period: Not applicable
Filed with the SEC: May 28, 2026

CEOOption exercise

Context

Classification

option exercise

Code M — exercise or conversion of a derivative security

Planned / mechanical clue

Footnote references vesting of compensation awards

Only flagged when a footnote says so; never inferred

Source receipt

Record ID: 0000813672-26-000071

Filed / recorded

May 28, 2026, 2:08 AM UTC

Added to OQRO

Oct 2, 2026, 12:27 PM UTC

Parser

form4-xml-v1

Data quality

Verified: identifiers matched exactly

Issuer

CADENCE DESIGN SYSTEMS INC

Issuer CIK

813672

Ticker

CDNS

Reporting person

Anirudh Devgan

Relationship

Director, Officer

Officer title

President and CEO

Security

Non Qualified Stock Option (right to buy)

Table

Derivative (Table II)

Transaction date

May 22, 2026

Transaction code

M

Shares / units

25,000

Price per share

$0.00

Acquired / disposed

Disposed (D)

Shares owned after

26,821

Ownership form

Direct

Amendment

No

Footnotes from the filing

These options vested at a rate of 1/48th per month.

Around the same time

3mo ago

1,000Shares · @ $202.94

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record

Officer sold ~$76K of Cadence Design Systems

Scheduled in advance3mo ago

Officer sold ~$106K of Cadence Design Systems

Scheduled in advance3mo ago