Form 4: Bentley Systems Director Keith A. Bentley Reports Acquisition of Class B Common Stock

Keith A. Bentley, a director and 10% owner of Bentley Systems, reports acquiring 1,302 shares of Class B Common Stock due to dividend equivalent rights.

Summary

• On March 27, 2025, Keith A. Bentley, a director and 10% owner of Bentley Systems, acquired 1,302 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 4,008,257 shares of Class B Common Stock.
• Bentley also indirectly owns 12,696,921 shares through a Grantor Retained Annuity Trust, 100,000 shares through a spouse, and 92,654 shares through a 401(K) Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to dividend equivalent rights, not indicative of significant positive or negative news.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

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, Keith A. Bentley, Class B Common Stock, Director, Beneficial Ownership, Dividend Equivalent Rights, Form 4