Form 4: Bentley Systems Chief Revenue Officer Sells Shares Under 10b5-1 Trading Plan

Brock Ballard, Chief Revenue Officer of Bentley Systems, sold 12,363 shares of Class B Common Stock at an average price of $45.0756 on May 7, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On May 7, 2025, Brock Ballard, the Chief Revenue Officer of Bentley Systems, Incorporated, sold 12,363 shares of Class B Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 19, 2024.
• The shares were sold at a weighted average price of $45.0756, with individual transactions ranging from $45.00 to $45.39.
• Following the transaction, Ballard directly owns 68,064 shares of Bentley Systems Class B Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding a stock sale by an executive under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Sales by executives are a normal part of corporate governance. The use of a 10b5-1 trading plan suggests the sales were pre-planned and not based on insider information at the time of the transaction.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 trading plan mitigates concerns about insider trading.

Key Dates

Keywords

Bentley Systems, Brock Ballard, Chief Revenue Officer, Form 4, SEC Filing, Stock Sale, 10b5-1 Trading Plan, Class B Common Stock