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

Michael M. Campbell, Chief Product Officer of Bentley Systems, acquired 78 shares of Class B Common Stock on June 13, 2024, through dividend equivalent rights.

Summary

• On June 13, 2024, Michael M. Campbell, the Chief Product Officer of Bentley Systems, acquired 78 shares of Class B Common Stock.
• The acquisition was a result of dividend equivalent rights that accrued to Campbell in connection with a dividend paid by Bentley Systems on previously granted awards.
• The shares were acquired at a price of $0.00.
• Following the transaction, Campbell directly owns 86,054 shares of Bentley Systems' Class B Common Stock.

Sentiment

Score: 6

Explanation: The document indicates a routine transaction related to executive compensation. It's a neutral event, suggesting neither strong positive nor negative sentiment.

Positives

• The acquisition of shares by a key executive demonstrates confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment of interests.

Stakeholder Impact

• The transaction provides shareholders with insight into executive compensation and ownership.

Key Dates