Form 4: Bentley Systems CFO Boosts Stake with Dividend Rights

Bentley Systems' Chief Financial Officer, Andre Werner, acquired 243 shares of Class B Common Stock through dividend equivalent rights.

Summary

• Andre Werner, Chief Financial Officer of Bentley Systems, Inc. (BSY), acquired 243 shares of Class B Common Stock.
• The acquisition occurred on March 19, 2026, at a price of $0.00 per share.
• These shares represent dividend equivalent rights that accrued in connection with a dividend paid by Bentley Systems on previously granted awards.
• The acquired rights vest on the same terms as the underlying awards.
• Following this transaction, Andre Werner beneficially owns 376,868 shares of Class B Common Stock.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as an insider's increased stake, even through dividend rights, generally reflects ongoing confidence in the company's performance and future.

Positives

• An insider, the Chief Financial Officer, increased their beneficial ownership in the company by 243 shares.
• The acquisition of dividend equivalent rights indicates the company paid a dividend, which is generally a positive sign of financial health.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider acquisitions, even those stemming from dividend equivalent rights, can signal management's continued confidence in the company's long-term prospects within the software and infrastructure engineering industry.

Stakeholder Impact

• Shareholders: The increase in insider ownership may be viewed positively, signaling management's alignment with shareholder interests.

Key Dates

Recommendation

While the insider acquisition of dividend equivalent rights is a positive signal of management confidence, it is a routine event and not a direct open-market purchase. It reinforces a 'hold' position, suggesting no immediate catalyst for a 'buy' or 'sell' based solely on this filing, but rather a confirmation of existing sentiment.

Keywords

Bentley Systems, BSY, Form 4, insider transaction, Andre Werner, Chief Financial Officer, CFO, dividend equivalent rights, Class B Common Stock, beneficial ownership