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sellWeak cluster of 310b5-1 plan

Anirudh Devgan sold $19M of CDNS

President and CEO at CADENCE DESIGN SYSTEMS INC. 51,887 shares at an average of $370.00, traded May 22, 2026, filed May 27, 2026.

Warning score
35
Value
$19M
51,887 shares
Holdings after
303,525
-15% from before
From 52-week low
+41%
low $265.66, close $373.59
From 52-week high
0%
high $373.59, as of May 22, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $19.2M at market
    +25
  • Share of holdings sold
    Sold 15% of holdings
    +5
  • Cluster
    3 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

CDNSOct 9, 2026 · close 352.84
Since filing May 27, 2026: -5.7%SPY +4.2% · excess -9.9%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0000813672-26-000071, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 22, 2026MOption exercise
Common Stock10b5-1
+25,000$78.76$2.0M355,412May 27, 2026
May 22, 2026SOpen-market sale
Common Stock10b5-1
-51,887$370.00$19M303,525May 27, 2026
May 22, 2026MOption exercise
Non Qualified Stock Option (right to buy)derivative10b5-1
-25,000$0.00$026,821May 27, 2026

Related signals

Other insiders at CADENCE DESIGN SYSTEMS INC and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
12Weak
CDNSsell10b5-1
CADENCE DESIGN SYSTEMS INC
Vincentelli Alberto Sangiovanni
director
$438k
1,250 shares
-3%
7Weak
CDNSsell 210b5-1
CADENCE DESIGN SYSTEMS INC
Paul Cunningham
Sr. Vice President
$554k
2,000 shares
-2%
10Weak
CDNSsell 210b5-1
CADENCE DESIGN SYSTEMS INC
Ita M Brennan
director
$51k
180 shares
-2%
26Weak
CDNSsell 410b5-1
CADENCE DESIGN SYSTEMS INC
Vincentelli Alberto Sangiovanni
director
$401k
1,250 shares
-3%
20Weak
CDNSsell 410b5-1
CADENCE DESIGN SYSTEMS INC
Paul Scannell
Sr. Vice President
$95k
280 shares
-1%
20Weak
CDNSsell 410b5-1
CADENCE DESIGN SYSTEMS INC
Chin-Chi Teng
Sr. Vice President
$1.5M
4,732 shares
-3%
15Weak
CDNSsell 410b5-1
CADENCE DESIGN SYSTEMS INC
Paul Cunningham
Sr. Vice President
$647k
2,000 shares
-2%
13Weak
CDNSsell 210b5-1
CADENCE DESIGN SYSTEMS INC
Chin-Chi Teng
Sr. Vice President
$1.5M
4,500 shares
-3%
10Weak
CDNSsell 210b5-1
CADENCE DESIGN SYSTEMS INC
Paul Cunningham
Sr. Vice President
$767k
2,000 shares
-2%
20Weak
CDNSsell 410b5-1
CADENCE DESIGN SYSTEMS INC
Chin-Chi Teng
Sr. Vice President
$1.7M
4,500 shares
-3%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Anirudh Devgan sold $19M of CDNS | InsiderTell