Form 4: Bentley Systems Chief Revenue Officer Reports Stock Transaction
SEC Form 4 Filing
Brock Ballard, Chief Revenue Officer of Bentley Systems, reports disposition of shares to cover tax obligations.
Summary
- On March 17, 2025, Brock Ballard, the Chief Revenue Officer of Bentley Systems, engaged in a transaction involving Class B Common Stock.
- A total of 193 shares were disposed of to cover taxes due upon the vesting of previously granted awards.
- The price per share was $42.43.
- Following the transaction, Ballard directly owns 80,622 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider transactions. It doesn't convey any particularly positive or negative sentiment about the company's performance or future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax-related transaction and doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of stock transaction |
| 03/19/2025 | Date of signature on the report |
Keywords
Form 4, Bentley Systems, BSY, Brock Ballard, Chief Revenue Officer, Stock Transaction, Class B Common Stock, Beneficial Ownership, SEC Filing
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