Form 4: Bentley Systems COO James K. Lee Acquires Additional Shares Through Dividend Equivalent Rights

James K. Lee, Chief Operating Officer of Bentley Systems, acquired 308 shares of Class B Common Stock due to dividend equivalent rights.

Summary

• On March 27, 2025, James K. Lee, the Chief Operating Officer of Bentley Systems, acquired 308 shares of Class B Common Stock.
• The acquisition was a result of dividend equivalent rights that accrued to Lee in connection with a dividend paid by Bentley Systems on previously granted awards.
• The shares were acquired at a price of $0.00.
• Following the transaction, Lee directly owns 177,841 shares of Bentley Systems Class B Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. The acquisition of shares by an executive is generally a positive sign, but the impact is minimal.

Positives

• The acquisition of shares by a key executive demonstrates confidence in the company's future.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares.

Key Dates

Keywords

Form 4, Beneficial Ownership, Insider Trading, James K. Lee, Bentley Systems, BSY, Chief Operating Officer, Dividend Equivalent Rights, Class B Common Stock