Form 4: Bentley Systems Director Janet Haugen Reports Acquisition of Shares as Director Compensation
SEC Form 4 Filing
Director Janet Haugen reports acquiring 3,797 shares of Bentley Systems Class B Common Stock as part of director compensation.
Summary
- On May 23, 2024, Janet Brutschea Haugen, a director of Bentley Systems Inc. (BSY), acquired 3,797 shares of Class B Common Stock.
- The acquisition was a result of director compensation paid upon reelection to the Board of Directors.
- The price per share was $0.00.
- Following the transaction, Haugen directly owns 24,252 shares of Bentley Systems Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.
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 director compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals director alignment with company interests.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: Janet Haugen acquired shares of Bentley Systems Class B Common Stock. |
| 05/28/2024 | Date of signature: Form 4 signed by Michael T. Fischette, Attorney-in-Fact. |
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