Form 4: Bentley Systems Director Kirk B. Griswold Reports Acquisition of Class B Common Stock
SEC Form 4 Filing
Director Kirk B. Griswold of Bentley Systems Incorporated reports acquiring 91 shares of Class B Common Stock due to dividend equivalent rights.
Summary
- On March 27, 2025, Kirk B. Griswold, a director of Bentley Systems Incorporated, acquired 91 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.
- These rights vest on the same terms as the awards to which they relate.
- Following the transaction, Griswold directly owns 456,791 shares of Class B Common Stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, indicating stability and adherence to established practices. It is neither overwhelmingly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares acquired through dividend equivalent rights.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of transaction: Kirk B. Griswold acquired 91 shares of Class B Common Stock. |
| 03/31/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Director, Bentley Systems, BSY, Kirk B. Griswold, Class B Common Stock, Dividend Equivalent Rights
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