Form 4: Bentley Systems' Chief Legal Officer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
David R. Shaman, Chief Legal Officer of Bentley Systems, reports changes in beneficial ownership of Class B Common Stock.
Summary
- On December 30, 2024, David R. Shaman, the Chief Legal Officer of Bentley Systems, reported changes in his beneficial ownership of the company's Class B Common Stock.
- These changes involve the acquisition and disposal of securities, as well as adjustments to holdings through grantor retained annuity trusts and a 401(k) plan.
- Following the reported transactions, Shaman directly owns 688,147 shares of Class B Common Stock.
- He also indirectly owns 269,878 shares through grantor retained annuity trusts and 32,635 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing, reflecting standard reporting of stock ownership changes.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/30/2024 | Date of the reported transaction. |
| 12/31/2024 | Date of signature on the report. |
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