Form 4: Bentley Systems CTO Acquires Shares via Dividends

Bentley Systems' Chief Technology Officer, Julien Moutte, acquired 72 shares of Class B Common Stock through dividend equivalent rights.

Summary

• Julien Moutte, Chief Technology Officer of Bentley Systems, Inc. (BSY), acquired 72 shares of Class B Common Stock.
• The transaction occurred on December 11, 2025.
• These shares were acquired at a price of $0.00 per share.
• The acquisition represents dividend equivalent rights that accrued in connection with a dividend paid by Bentley Systems on previously granted awards.
• These dividend equivalent rights will vest on the same terms as the underlying awards.
• Following this transaction, Julien Moutte beneficially owns 68,975 shares of Class B Common Stock directly.

Sentiment

Score: 6

Explanation: The filing reports a routine acquisition of shares by a key executive through dividend equivalent rights, which is a neutral to slightly positive event indicating continued alignment with shareholder interests and participation in long-term incentive plans.

Positives

• Chief Technology Officer Julien Moutte increased his beneficial ownership of Bentley Systems Class B Common Stock by 72 shares.
• The acquisition of shares through dividend equivalent rights indicates the company's ongoing dividend policy and the executive's participation in long-term incentive plans, aligning management interests with shareholders.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Julien Moutte, Chief Technology Officer, acquired 72 shares of Class B Common Stock through dividend equivalent rights, which are related to previously granted awards from the issuer.

Stakeholder Impact

• Shareholders may view the increase in executive ownership, even through dividend equivalent rights, as a positive sign of management's continued alignment with shareholder interests.

Key Dates

Keywords

Bentley Systems, BSY, Julien Moutte, Chief Technology Officer, Insider Trading, Form 4, Stock Acquisition, Dividend Equivalent Rights, Class B Common Stock