Form 4: Bentley Systems Director Kirk B. Griswold Reports Acquisition of Class B Common Stock
SEC Form 4 Filing
Director Kirk B. Griswold reports acquiring 77 shares of Bentley Systems Class B Common Stock due to dividend equivalent rights.
Summary
- On September 26, 2024, Kirk B. Griswold, a director of Bentley Systems Incorporated, acquired 77 shares of Class B Common Stock.
- The acquisition was due to dividend equivalent rights accruing from a dividend paid by the issuer on previously granted awards.
- The price per share was $0.00.
- Following the transaction, Griswold directly owns 456,619 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: The Form 4 filing itself is neutral; it simply reports a transaction. The acquisition of shares through dividend rights is a normal part of executive compensation.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend equivalent rights.
Key Dates
| Date | Description |
|---|---|
| 09/26/2024 | Date of transaction: Kirk B. Griswold acquired 77 shares of Class B Common Stock. |
| 09/30/2024 | Date of signature on the report by Michael T. Fischette, Attorney-in-Fact. |
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