Form 4: Bentley Systems Director Acquires Additional Shares Through Dividend Equivalent Rights

Barry J. Bentley, a director and 10% owner of Bentley Systems, acquired additional Class B Common Stock through dividend equivalent rights.

Summary

• On March 27, 2025, Barry J. Bentley acquired 5 shares of Class B Common Stock of Bentley Systems Inc. at a price of $0.00.
• These shares were acquired through dividend equivalent rights that accrued in connection with a dividend paid by the Issuer on awards previously granted.
• Following the transaction, Bentley directly owns 11,948,245 shares of Class B Common Stock and indirectly owns 92,654 shares through a 401(K) Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to dividend equivalent rights, neither particularly positive nor negative.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a small acquisition of shares by a director.

Key Dates

Keywords

Bentley Systems, BSY, Barry J. Bentley, Director, Class B Common Stock, Dividend Equivalent Rights, SEC Form 4, Beneficial Ownership