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

Raymond B. Bentley, a director and 10% owner of Bentley Systems, acquired 1,754 shares of Class B Common Stock through dividend equivalent rights.

Summary

• On March 27, 2025, Raymond B. Bentley, a director and 10% owner of Bentley Systems, acquired 1,754 shares of Class B Common Stock.
• The acquisition was due to dividend equivalent rights accruing in connection with a dividend paid by the Issuer on previously granted awards.
• The price per share was $0.00.
• Following the transaction, Bentley directly owns 16,345,982 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 as it reflects a routine transaction related to dividend equivalent rights. It indicates confidence from a director but doesn't represent a major event.

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 Form 4 filing is a routine disclosure related to changes in beneficial ownership by company insiders, which is a common practice for publicly traded companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates

Keywords

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