Form 4: Bentley Systems Chief Accounting Officer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Thomas F. Trimback, Chief Accounting Officer of Bentley Systems, reports acquisition of stock as dividend equivalent rights and disposition of shares to cover taxes upon vesting of awards.
Summary
- On March 28, 2024, Thomas F. Trimback, Chief Accounting Officer of Bentley Systems, acquired 10 shares of Class B Common Stock at $0.00 due to dividend equivalent rights.
- On March 29, 2024, Trimback disposed of 184 shares of Class B Common Stock at $52.22 to cover taxes due upon the vesting of previously granted awards.
- Following these transactions, Trimback beneficially owns 9,593 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to changes in beneficial ownership, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not indicate any strategic shift for Bentley Systems.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they relate to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Acquisition of 10 shares of Class B Common Stock as dividend equivalent rights. |
| 03/29/2024 | Disposition of 184 shares of Class B Common Stock to cover taxes due upon vesting of awards. |
| 04/01/2024 | Date of signature for the Form 4 filing. |
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