Form 4: Bentley Systems Director Adds 4 Shares

Barry J. Bentley, a Director and 10% owner of Bentley Systems Inc., reported the acquisition of 4 shares of Class B Common Stock through dividend equivalent rights.

Summary

• Barry J. Bentley, a Director and 10% owner of Bentley Systems Inc. (BSY), acquired 4 shares of Class B Common Stock.
• The transaction occurred on September 30, 2025, with a price of $0.00 per share.
• These shares represent dividend equivalent rights that accrued in connection with a dividend paid by the Issuer on previously granted awards.
• The acquired shares will vest on the same terms as the awards to which they relate.
• Following this transaction, Mr. Bentley directly beneficially owns 11,838,253 shares of Class B Common Stock.
• Additionally, Mr. Bentley indirectly beneficially owns 92,654 shares of Class B Common Stock through a 401(K) Plan.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive due to an insider acquiring shares, even if a small amount and through dividend equivalent rights. It indicates continued participation in the company's equity, which is generally viewed favorably by investors as it aligns management interests with shareholders. However, the impact is minimal given the small number of shares and the non-cash nature of the transaction.

Positives

• Insider acquisition, even if small and non-cash, can signal continued alignment of management interests with shareholders.
• The acquisition is part of a pre-existing award structure (dividend equivalent rights), indicating a routine, expected event.

Future Outlook

This filing does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This routine insider transaction report for Bentley Systems Inc. does not provide sufficient information to analyze broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: A very minor increase in insider ownership, potentially signaling continued confidence, but the impact is negligible due to the small number of shares.
• Management: The transaction reflects the accrual of dividend equivalent rights as part of an existing compensation structure.

Key Dates

Keywords

Bentley Systems, BSY, Form 4, insider transaction, stock acquisition, director, 10% owner, dividend equivalent rights, beneficial ownership