BSY.NASDAQBentley Systems INC

Form 4: Bentley Systems CFO Andre Werner's Tax-Related Share Sale

Sentiment:

Insider Transaction Report

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Bentley Systems' CFO, Andre Werner, disposed of 4,401 Class B Common Stock shares to cover tax obligations related to vested awards.

Summary

  • Andre Werner, Chief Financial Officer of Bentley Systems, Inc. (BSY), reported a disposition of shares.
  • On December 15, 2025, Mr. Werner disposed of 4,401 shares of Class B Common Stock.
  • The shares were disposed of at a price of $40.25 per share.
  • This transaction was an 'F' type, indicating shares withheld by the Issuer to cover taxes due upon the vesting of previously granted awards.
  • Following this transaction, Mr. Werner beneficially owns 346,962 shares of Class B Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition of shares upon vesting of awards, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

This is a routine insider transaction for tax purposes and does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

  • Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes by an executive.

Key Dates

DateDescription
12/15/2025Date of transaction where shares were disposed of for tax purposes.
12/17/2025Date the Form 4 was signed by the attorney-in-fact.

Keywords

Bentley Systems, BSY, Andre Werner, CFO, Insider Transaction, Form 4, Share Disposition, Tax Withholding, Class B Common Stock

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