Form 4: Bentley Systems CTO Acquires Shares via Dividends

Bentley Systems' Chief Technology Officer, Julien Moutte, acquired 173 shares of Class B Common Stock through dividend equivalent rights.

Summary

• Julien Moutte, Chief Technology Officer of Bentley Systems, Inc. (BSY), acquired 173 shares of Class B Common Stock.
• The transaction occurred on March 19, 2026, and the shares were acquired at a price of $0.00 per share.
• The acquisition represents dividend equivalent rights that accrued to Mr. Moutte in connection with a dividend paid by the Issuer on previously granted awards.
• These acquired rights vest on the same terms as the underlying awards to which they relate.
• Following this transaction, Mr. Moutte beneficially owns 93,173 shares of Class B Common Stock directly.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event. While the share acquisition is small and non-cash, it represents an increase in insider ownership, which generally aligns executive interests with shareholder value.

Positives

• The acquisition increases the Chief Technology Officer's direct beneficial ownership in the company, aligning management interests with shareholders.
• The transaction is a routine part of executive compensation, indicating the ongoing value of previously granted equity awards.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those involving dividend equivalent rights, are common mechanisms for executives to accrue additional equity as part of their compensation packages. While this specific transaction is small, it reflects the ongoing accumulation of shares by a key executive, which can be viewed positively as it increases their vested interest in the company's long-term performance, a trend observed across many technology firms with robust equity compensation plans.

Related Party Transactions

• Julien Moutte, the Chief Technology Officer, acquired shares from Bentley Systems, Inc., which constitutes a related party transaction as he is an executive of the company.

Stakeholder Impact

• Shareholders: The increase in insider ownership, even through non-cash means, can be seen as a positive signal of management's continued alignment with shareholder interests.

Key Dates

Keywords

Bentley Systems, BSY, Insider Transaction, Form 4, Julien Moutte, Chief Technology Officer, Stock Acquisition, Dividend Equivalent Rights, Executive Compensation