Form 4: Bentley Systems' Chief Accounting Officer Acquires Additional Shares Through Dividend Equivalent Rights

Thomas F. Trimback, Chief Accounting Officer of Bentley Systems, acquired 10 shares of Class B Common Stock on September 26, 2024, through dividend equivalent rights.

Summary

• On September 26, 2024, Thomas F. Trimback, the Chief Accounting Officer of Bentley Systems, acquired 10 shares of Class B Common Stock.
• The acquisition was a result of dividend equivalent rights accruing to Trimback in connection with dividends paid by Bentley Systems on previously granted awards.
• The price per share for this transaction was $0.00.
• Following the transaction, Trimback's direct ownership in Bentley Systems' Class B Common Stock increased to 9,613 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation and doesn't indicate a significant shift in the company's prospects.

Positives

• The acquisition of shares by a company officer 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.

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