Form 4: Bentley Systems CFO Werner Andre Acquires Additional Shares Through Dividend Equivalent Rights
SEC Form 4 Filing
Werner Andre, CFO of Bentley Systems, acquired 66 shares of Class B Common Stock due to dividend equivalent rights.
Summary
- On June 13, 2024, Werner Andre, the Chief Financial Officer of Bentley Systems, acquired 66 shares of Class B Common Stock.
- The acquisition was due to dividend equivalent rights that accrued in connection with a dividend paid by the Issuer on awards previously granted.
- The shares were acquired at a price of $0.00.
- Following the transaction, Andre directly owns 271,329 shares of Class B Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to dividend equivalent rights, not indicative of major positive or negative developments.
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 a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of transaction: Werner Andre acquired 66 shares of Class B Common Stock. |
| 06/17/2024 | Date of signature on the report. |
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