Anirudh Devgan compensation by year
CADENCE DESIGN SYSTEMS Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $400,000 | $434,231 | $500,000 | $550,000 | $561,539 | $604,808 | $725,000 | $750,000 | $750,000 | $800,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $2,339,420 | $3,554,150 | $1,979,990 | $6,528,009 | $2,640,035 | $2,499,956 | $25,318,495 | $7,702,791 | $8,686,096 | $54,412,532 |
| Option awards | $642,400 | $515,888 | $1,016,380 | $1,358,505 | $1,359,478 | $17,496,404 | $4,779,658 | $7,689,913 | $8,665,680 | $0 |
| Non-equity incentive | $351,340 | $516,670 | $739,764 | $698,084 | $972,416 | $1,109,054 | $1,381,859 | $1,187,386 | $1,177,600 | $1,456,271 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $9,512 | $9,997 | $119,848 | $171,921 | $10,422 | $25,572 | $11,022 | $11,772 | $13,128 | $14,772 |
| Total | $3,742,672 | $5,030,936 | $4,355,982 | $9,306,519 | $5,543,890 | $21,735,794 | $32,216,034 | $17,341,862 | $19,292,503 | $56,683,576 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: CADENCE DESIGN SYSTEMS INC DEF 14A filed March 25, 2026, accession 0001193125-26-124264, and prior-year filings. Open the filing on EDGAR.
How this page was built: the CADENCE DESIGN SYSTEMS INC filed document, accession 0001193125-26-124264. Every figure is read from that document and cited to the page and table it appears in. Filed March 25, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 282,000 | $88,147,560 | — |
| PSU | 274,169 | $85,699,746 | — |
| RSU | 43,319 | $13,540,653 | — |
| PSU | 43,318 | $13,540,340 | — |
| PSU | 21,659 | $6,770,170 | — |
| RSU | 14,552 | $4,548,664 | — |
| RSU | 6,326 | $1,977,381 | — |
| Option | 6,101 | — | $142.50 |
| Option | 33,872 | — | $202.94 |
| Option | 46,770 | — | $298.44 |
Per the Outstanding Equity Awards at Fiscal Year-End table in CADENCE DESIGN SYSTEMS INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
9 Form 4 lines since the FY2025 proxy (filed March 25, 2026)current to 2026-11-05 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-09-17 | Tax withholding | — | 3,779 | $280.76 | 247,201 |
| 2026-09-15 | Tax withholding | — | 2,539 | $273.96 | 250,980 |
| 2026-06-02 | Sale | 10b5-1 | 25,005 | $415.00 | 253,519 |
| 2026-06-01 | Exercise or conversion derivative | 10b5-1 | 26,821 | $0.00 | 0 |
| 2026-06-01 | Exercise or conversion | 10b5-1 | 26,821 | $78.76 | 330,346 |
| 2026-06-01 | Sale | 10b5-1 | 51,822 | $395.00 | 278,524 |
| 2026-05-22 | Exercise or conversion derivative | 10b5-1 | 25,000 | $0.00 | 26,821 |
| 2026-05-22 | Exercise or conversion | 10b5-1 | 25,000 | $78.76 | 355,412 |
The 8 most recent of 9 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Change-in-control & termination
estimated payments CADENCE DESIGN SYSTEMS discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary termination without cause | $2,024,000 | $82,153,472 | $51,144 | $84,228,617 |
| Change in control and involuntary termination | $3,024,000 | $94,869,618 | $51,144 | $97,944,762 |
| Disability | — | $88,169,278 | $51,144 | $88,220,422 |
| Resignation for good reason, no change in control | $2,024,000 | $82,153,472 | $51,144 | $84,228,617 |
| Death | — | $88,169,278 | $0 | $88,169,278 |
| Change in control and resignation for good reason | $3,024,000 | $94,869,618 | $51,144 | $97,944,762 |
Per the Potential Payments Upon Termination or Change in Control table in CADENCE DESIGN SYSTEMS INC's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
CADENCE DESIGN SYSTEMS’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Anirudh Devgan · this page | President and Chief Executive Officer | $56,683,576 |
| John Wall | Senior Vice President and Chief Financial Officer | $17,119,862 |
| Paul Scannell | Senior Vice President, Customer Success Team | $15,699,536 |
| Paul Cunningham | Senior Vice President, GM, System Verification Group | $15,207,257 |
| Chin-Chi Teng | Senior Vice President, GM, Digital & Signoff Group | $15,185,652 |
Board service
CADENCE DESIGN SYSTEMS board · FY2022–FY2025How this board is paid
Company policy: CADENCE DESIGN SYSTEMS pays directors a $80,000 cash retainer and $240,000 in equity. As stated in CADENCE DESIGN SYSTEMS's FY2025 proxy.
The full CADENCE DESIGN SYSTEMS compensation record
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are CADENCE DESIGN SYSTEMS's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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