Form 4: Bentley Systems Director Acquires Shares

Bentley Systems Director and 10% Owner Barry J. Bentley acquired 5 shares of Class B Common Stock through dividend equivalent rights.

Summary

• Barry J. Bentley, a Director and 10% Owner of Bentley Systems, Incorporated (BSY), reported a transaction on December 11, 2025.
• The transaction involved the acquisition of 5 shares of Class B Common Stock at a price of $0.00 per share.
• These shares represent dividend equivalent rights that accrued to the reporting person in connection with a dividend paid by the Issuer on previously granted awards, and they vest on the same terms as the related awards.
• Following this transaction, Barry J. Bentley directly beneficially owns 11,838,258 shares of Class B Common Stock.
• Additionally, Barry J. Bentley indirectly beneficially owns 92,654 shares of Class B Common Stock through a 401(K) Plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving the acquisition of a small number of shares through dividend equivalent rights, which is a neutral event regarding company performance.

Positives

• The acquisition of shares, even if a small number and through dividend equivalent rights, indicates continued ownership and alignment of interests between the director and shareholders.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis.

Related Party Transactions

• Acquisition of 5 shares of Class B Common Stock by Director and 10% Owner Barry J. Bentley through dividend equivalent rights.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, and creditors due to the small number of shares acquired through dividend equivalent rights, which is a routine compensation-related event.

Key Dates

Keywords

Bentley Systems, BSY, Form 4, Insider Transaction, Stock Acquisition, Director, 10% Owner, Dividend Equivalent Rights