Form 4: Bentley Systems CAO Sells Shares Under 10b5-1 Plan

Bentley Systems' Chief Accounting Officer, Thomas F. Trimback, sold 560 shares of Class B Common Stock for $43.02 per share under a pre-arranged trading plan.

Summary

• Thomas F. Trimback, Chief Accounting Officer of Bentley Systems, Inc. (BSY), reported a sale of company stock.
• The transaction involved the disposition of 560 shares of Class B Common Stock.
• The shares were sold at a price of $43.02 per share.
• The sale occurred on November 17, 2025.
• Following this transaction, Mr. Trimback beneficially owns 13,806 shares of Class B Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) pre-arranged trading plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While an insider sale can be perceived negatively, the transaction was executed under a pre-arranged 10b5-1 plan, which mitigates concerns about discretionary selling based on new, non-public information. The volume of shares sold is also relatively small compared to the officer's remaining holdings.

Negatives

• An insider, the Chief Accounting Officer, sold 560 shares of company stock.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports a routine insider transaction and does not provide information directly related to broader industry trends or competitive landscape.

Related Party Transactions

• Thomas F. Trimback, Chief Accounting Officer, sold 560 shares of Bentley Systems Class B Common Stock.

Stakeholder Impact

• Shareholders may note the disposition of shares by a key executive, though the impact is mitigated by the pre-arranged 10b5-1 plan.

Key Dates

Recommendation

The filing details a routine, pre-planned sale of a relatively small number of shares by the Chief Accounting Officer. While any insider sale warrants attention, the 10b5-1 plan suggests the transaction is not based on new, material non-public information. This event alone does not provide a strong signal for a 'buy' or 'sell' recommendation, thus a 'hold' stance is appropriate, advising investors to monitor broader company performance and market conditions.

Keywords

Bentley Systems, BSY, Insider Trading, Form 4, Stock Sale, Thomas F. Trimback, Chief Accounting Officer, 10b5-1 Plan