Form 4: Bentley Systems Chief Revenue Officer Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Brock Ballard, Chief Revenue Officer of Bentley Systems, reports a transaction involving the withholding of Class B Common Stock to cover taxes due upon vesting of previously granted awards.
Summary
- On April 19, 2025, Brock Ballard, the Chief Revenue Officer of Bentley Systems, engaged in a transaction where 277 shares of Class B Common Stock were withheld by the issuer to cover taxes.
- The price per share for the transaction was $43.19.
- Following the transaction, Ballard directly owns 80,427 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine tax-related stock transaction, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to stock awards.
Key Dates
| Date | Description |
|---|---|
| 04/19/2025 | Date of stock transaction (tax withholding) |
| 04/22/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Bentley Systems, BSY, Brock Ballard, Chief Revenue Officer, Stock Transaction, Beneficial Ownership, Tax Withholding, Class B Common Stock
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