If you've hit skunks, possums' - racoons or rolled over someone else's bag of groceries they left on TOP of the car
...or have had someone mess with your muffler system - you should take it in and see if the pipe connections are loose or eroding away, then that generates an "air leak" which can easily signal your vehicles' exhaust going on break.
Or ready to break...
You might notice a change in the odor of your cars exhaust - the leak tells the car to change its fuel trim - so it may make it run rough at times it didn't before - so look, feel or smell for changes in your vehicles' behavior
Catalysts can crack and fail - causing its honeycomb of passages that let exhaust flow thru - to become crushed or plugged - affecting the cars performance
The 420 code is nothing too serious, but it does light up your dash, so it's trying to tell you something is on its way out.