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

Kirk B. Griswold, a director of Bentley Systems, acquired 3,797 shares of Class B Common Stock as part of director compensation.

Summary

• On May 23, 2024, Kirk B. Griswold, a director of Bentley Systems, acquired 3,797 shares of Class B Common Stock.
• The acquisition was a result of director compensation paid upon reelection to the Board of Directors.
• The price per share was $0.00.
• Following the transaction, Griswold directly owns 456,466 shares of Class B Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and alignment of interests.

Positives

• The acquisition of shares by a director demonstrates continued alignment with shareholder interests.

Industry Context

Director compensation in the form of stock is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Stakeholder Impact

• The transaction signals to shareholders that the director's interests are aligned with theirs through equity ownership.

Key Dates