Form 4: Bentley Systems Executive Acquires Additional Shares Through Dividend Equivalent Rights

Michael M. Campbell, Chief Product Officer of Bentley Systems, acquired 90 shares of Class B Common Stock through dividend equivalent rights.

Summary

• On March 28, 2024, Michael M. Campbell, the Chief Product Officer of Bentley Systems, acquired 90 shares of Class B Common Stock.
• The acquisition was a result of dividend equivalent rights accruing to Campbell in connection with dividends paid by Bentley Systems on previously granted awards.
• The price per share was $0.00.
• Following the transaction, Campbell directly owns 93,409 shares of Class B Common Stock.
• The transaction was reported on April 1, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating an executive acquiring shares through dividend rights, which is neither particularly positive nor negative.

Positives

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

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies and their executives. They provide transparency into insider transactions, allowing investors to track the buying and selling activity of company insiders.

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