Form 4: Bentley Systems Director Kirk B. Griswold Reports Acquisition of Class B Common Stock

Director Kirk B. Griswold acquired 76 shares of Bentley Systems Inc. Class B Common Stock on June 13, 2024, due to dividend equivalent rights.

Summary

• On June 13, 2024, Kirk B. Griswold, a director of Bentley Systems Incorporated, acquired 76 shares of Class B Common Stock.
• The acquisition was a result of dividend equivalent rights accruing to Griswold in connection with a dividend paid by the issuer on previously granted awards.
• The price per share was $0.00.
• Following the transaction, Griswold beneficially owns 456,542 shares of Class B Common Stock directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to dividend equivalent rights, indicating standard compensation practices.

Positives

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

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of shares through dividend equivalent rights, which is a common practice.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates