Form 4: Bentley Systems Director Keith A. Bentley Executes Stock Sale Under 10b5-1 Plan

Keith A. Bentley, a director at Bentley Systems, sold 1,152 shares of Class B Common Stock at an average price of $46.328 per share on January 24, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On January 24, 2025, Keith A. Bentley, a director of Bentley Systems, sold 1,152 shares of Class B Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on September 6, 2024.
• The shares were sold at a weighted average price of $46.328, with individual transactions ranging from $46.18 to $46.45.
• Following the transaction, Bentley directly owns 16,703,876 shares of Class B Common Stock.
• Bentley also indirectly owns 100,000 shares through a spouse and 92,654 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a stock sale under a pre-arranged trading plan, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. The use of a 10b5-1 plan suggests the trading was pre-planned and not based on any material non-public information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the small volume of shares sold relative to the total outstanding shares.

Key Dates