Form 4: Bentley Systems Director Janet Haugen Receives Equity Compensation Post-Reelection

Director Janet Brutschea Haugen of Bentley Systems Inc. was granted 4,197 shares of Class B Common Stock as compensation following her reelection to the Board.

Summary

• Janet Brutschea Haugen, a Director of Bentley Systems Inc. (BSY), acquired 4,197 shares of Class B Common Stock.
• The transaction occurred on May 22, 2025, and was reported on May 27, 2025.
• These shares were granted as compensation at a price of $0.00 per share, pursuant to the Issuer's Non-Employee Director Compensation Policy.
• The equity grant was made upon Ms. Haugen's reelection to the company's Board of Directors.
• Following this transaction, Ms. Haugen directly beneficially owns a total of 28,449 shares of Class B Common Stock.

Sentiment

Score: 7

Explanation: The filing indicates a routine and expected event of director compensation upon reelection, which is a positive for aligning director interests with shareholders and signals continuity in governance.

Positives

• Director Janet Brutschea Haugen received 4,197 shares of Class B Common Stock as compensation, which aligns her interests with those of the company's shareholders.
• The compensation is tied to her reelection to the Board, indicating continuity in corporate governance and leadership.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Related Party Transactions

• Grant of 4,197 shares of Class B Common Stock to Director Janet Brutschea Haugen as compensation, pursuant to the company's Non-Employee Director Compensation Policy.

Stakeholder Impact

• Shareholders: The equity compensation to a director further aligns the Board's interests with those of the shareholders, potentially fostering long-term value creation.

Key Dates

Keywords

Bentley Systems, BSY, SEC Form 4, Insider Transaction, Director Compensation, Equity Grant, Class B Common Stock, Corporate Governance