Form 4: Bentley Systems CFO Werner Andre Acquires Additional Shares Through Dividend Equivalent Rights

Werner Andre, CFO of Bentley Systems, acquired 125 shares of Class B Common Stock on September 26, 2024, through dividend equivalent rights.

Summary

• On September 26, 2024, Werner Andre, the Chief Financial Officer of Bentley Systems, acquired 125 shares of Class B Common Stock.
• The acquisition was a result of dividend equivalent rights accruing to Andre in connection with a dividend paid by Bentley Systems on previously granted awards.
• The price per share for this transaction was $0.00.
• Following the transaction, Andre directly owns 320,816 shares of Bentley Systems Class B Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to dividend equivalent rights, indicating standard executive compensation practices. There's no indication of significant positive or negative sentiment.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment of interests.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares acquired through dividend equivalent rights.

Key Dates