Form 4: Bentley Systems Executive Chair Gregory Bentley Reports Stock Transaction
SEC Form 4 Filing
Gregory Bentley, Executive Chair & President of Bentley Systems, reports the disposition of 10,493 Class B Common Stock shares on August 7, 2024.
Summary
- On August 7, 2024, Gregory S. Bentley, Executive Chair & President of Bentley Systems, disposed of 10,493 shares of Class B Common Stock.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Mr. Bentley directly owns 7,759,165 shares of Class B Common Stock.
- He also indirectly owns 137,512 shares through his spouse and 92,654 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (officers, directors, or those holding 10% or more of the company's shares) buy or sell the company's stock. These filings are intended to provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction may have a minor impact on shareholders, as insider transactions are often scrutinized for insights into a company's prospects.
Key Dates
| Date | Description |
|---|---|
| 08/07/2024 | Date of stock transaction (disposal of shares) |
| 08/09/2024 | Date of signature on the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.