Form 4: Bentley Systems CEO Gregory Bentley Acquires Additional Shares Through Dividend Equivalent Rights

Gregory Bentley, Chairman, CEO, and President of Bentley Systems, acquired 2,806 shares of Class B Common Stock due to dividend equivalent rights.

Summary

• On June 13, 2024, Gregory S. Bentley, Chairman, CEO & President of Bentley Systems, Incorporated, acquired 2,806 shares of Class B Common Stock.
• The acquisition was a result of dividend equivalent rights accruing to Mr. Bentley in connection with a dividend paid by the Issuer on awards previously granted.
• The price per share was $0.00.
• Following the transaction, Mr. Bentley directly owns 7,681,362 shares of Class B Common Stock.
• Mr. Bentley also indirectly owns 137,512 shares through his spouse and 92,654 shares through a 401(K) Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to insider transactions. The CEO increasing his stake could be seen as slightly positive, but it's not a major event.

Positives

• The acquisition of shares by the CEO could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency to shareholders regarding insider ownership.

Key Dates