Form 4: Bentley Systems' Chief Accounting Officer Reports Changes in Beneficial Ownership

Thomas F. Trimback, Chief Accounting Officer of Bentley Systems, reports changes in beneficial ownership of Class B Common Stock due to dividend equivalent rights and shares withheld for taxes.

Summary

• Thomas F. Trimback, the Chief Accounting Officer of Bentley Systems, Incorporated, filed a Form 4 with the SEC on March 31, 2025.
• The report details changes in his beneficial ownership of Bentley Systems Class B Common Stock.
• On March 27, 2025, he acquired 18 shares at $0.00 due to dividend equivalent rights.
• On March 28, 2025, 170 shares were disposed of at $39.70 to cover taxes upon the vesting of previously granted awards.
• Following these transactions, Trimback beneficially owns 14,413 shares of Class B Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.

Key Dates

Keywords

Form 4, beneficial ownership, Bentley Systems, BSY, Thomas F. Trimback, Chief Accounting Officer, Class B Common Stock, dividend equivalent rights, tax withholding