Form 4: Bentley Systems Executive Chair Gregory Bentley Reports Stock Transactions

Gregory Bentley, Executive Chair & President of Bentley Systems, reports acquisition and disposal of Class B Common Stock related to compensation and tax obligations.

Summary

• On April 23, 2025, Gregory Bentley acquired 47,506 shares of Class B Common Stock at $43.42 per share as part of his compensation under the Issuer's Bonus Pool Plan.
• On the same day, he disposed of 20,779 shares of Class B Common Stock at $43.42 per share to cover taxes owed on the bonus pool payment.
• Following these transactions, Bentley directly owns 7,785,006 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: 6

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and tax obligations. No significant positive or negative implications are apparent.

Positives

• The acquisition of shares reflects compensation paid to the Executive Chair & President, indicating continued investment in the company's leadership.

Negatives

• The disposal of shares to cover tax obligations, while routine, slightly reduces Bentley's direct holdings.

Risks

• There are no specific risks highlighted in this document.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider activity.

Key Dates

Keywords

Bentley Systems, Gregory Bentley, Class B Common Stock, Form 4, SEC Filing, Executive Compensation, Stock Transaction, Beneficial Ownership