Form 4: Bentley Systems' Chief Technology Officer Receives Dividend Equivalent Rights
SEC Form 4 Filing
Julien Moutte, Chief Technology Officer of Bentley Systems, reports the acquisition of dividend equivalent rights related to previously granted awards.
Summary
- On March 27, 2025, Julien Moutte, the Chief Technology Officer of Bentley Systems, acquired 85 shares of Class B Common Stock.
- These shares represent dividend equivalent rights that accrued in connection with a dividend paid by the issuer on previously granted awards.
- The dividend equivalent rights vest on the same terms as the awards to which they relate.
- Following this transaction, Moutte beneficially owns 52,584 shares of Class B Common Stock directly.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't suggest any significant positive or negative implications for the company's financial health or future prospects.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of transaction: Julien Moutte acquired dividend equivalent rights. |
| 03/31/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Dividend Equivalent Rights, Julien Moutte, Bentley Systems, BSY, Chief Technology Officer, Class B Common Stock
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