Form 4: Bentley Systems CFO Andre Werner Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Chief Financial Officer of Bentley Systems, Andre Werner, reports the disposal of shares to cover tax obligations arising from vesting awards.
Summary
- On April 19, 2025, Andre Werner, the CFO of Bentley Systems, disposed of 422 shares of Class B Common Stock to cover tax obligations.
- The shares were disposed of at a price of $43.19 per share.
- Following the transaction, Werner directly owns 350,413 shares of Bentley Systems.
- The transaction was executed to satisfy tax obligations related to previously granted awards.
Sentiment
Score: 6
Explanation: The document is a routine filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/19/2025 | Date of transaction: Disposal of shares to cover taxes. |
| 04/22/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Beneficial Ownership, Andre Werner, Bentley Systems, BSY, CFO, Stock Disposal, Tax Obligations
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