Form 4: Bentley Systems' Chief Technology Officer Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Julien Moutte, Chief Technology Officer of Bentley Systems, reports the disposal of shares to cover tax obligations upon vesting of previously granted awards.
Summary
- On April 19, 2025, Julien Moutte, the Chief Technology Officer of Bentley Systems, disposed of 306 shares of Class B Common Stock to cover tax obligations.
- The shares were disposed of at a price of $43.19 per share.
- Following the transaction, Moutte directly owns 68,433 shares of Bentley Systems.
- The transaction was related to the vesting of previously granted awards.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
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 practice of covering tax obligations through stock disposal upon vesting of equity awards.
Key Dates
| Date | Description |
|---|---|
| 04/19/2025 | Date of transaction: Disposal of shares to cover tax obligations. |
| 04/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Bentley Systems, BSY, Julien Moutte, Chief Technology Officer, Stock Disposal, Tax Obligations, Vesting
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