Form 4: Bentley Systems Executive Gifts Class B Common Stock

Gregory S. Bentley, Executive Chair and President of Bentley Systems, reported a gift of 9,349 shares of Class B Common Stock.

Summary

• Gregory S. Bentley, an Executive Chair, President, Director, and 10% Owner of Bentley Systems, Inc. (BSY), reported a transaction.
• The transaction involved the disposition of 9,349 shares of Class B Common Stock as a gift (Transaction Code 'G').
• The shares were disposed of at a price of $0.00 per share, consistent with a gift.
• The transaction date was reported as August 21, 2025, and was made pursuant to a Rule 10b5-1(c) plan.
• Following this transaction, Gregory S. Bentley directly beneficially owns 7,617,947 shares of Class B Common Stock.
• Indirect beneficial ownership includes 29,155 shares by spouse and 92,654 shares by a 401(K) Plan.

Sentiment

Score: 5

Explanation: A gift transaction by an insider is generally neutral for the company's operational outlook. While it represents a disposition of shares, it is often for personal estate planning and not indicative of a change in confidence, especially when executed under a 10b5-1 plan.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• The reported transaction is a related party transaction involving a gift of shares by a key executive and 10% owner to an undisclosed recipient.

Stakeholder Impact

• Shareholders: A minor reduction in direct beneficial ownership by a key executive, though overall control and influence remain substantial due to significant remaining holdings.

Key Dates

Keywords

Bentley Systems, BSY, Insider Transaction, Form 4, Stock Gift, Gregory S. Bentley, Class B Common Stock, 10b5-1 Plan