Form 4: Bentley Systems' Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
David R. Shaman, Chief Legal Officer of Bentley Systems, reports acquisition and disposal of Class B Common Stock.
Summary
- David R. Shaman, the Chief Legal Officer of Bentley Systems, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 17, 2025, Shaman acquired 9,764 shares of Class B Common Stock at $0.00 per share through a grant.
- On the same day, Shaman disposed of 1,165 shares of Class B Common Stock at $42.43 per share.
- Following these transactions, Shaman directly owns 699,402 shares of Class B Common Stock and indirectly owns 279,308 shares through Grantor Retained Annuity Trusts and 32,635 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders, providing transparency into their trading activities and holdings in their company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of stock acquisition and disposal transactions. |
| 03/19/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Bentley Systems, BSY, David R. Shaman, Chief Legal Officer, Class B Common Stock
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