Form 4: Bentley Systems Executive Gifts Class B Shares

Gregory S. Bentley, Executive Chair & President of Bentley Systems, reported gifting a total of 1,344 shares of Class B Common Stock.

Summary

• Gregory S. Bentley, Executive Chair & President, Director, and 10% Owner of Bentley Systems, Inc. (BSY), reported changes in his beneficial ownership.
• He disposed of a total of 1,344 shares of Class B Common Stock on March 3, 2026, through two separate gift transactions (transaction code 'G').
• The transaction price for both gifts was $0.00 per share.
• Following these transactions, his direct beneficial ownership of Class B Common Stock is 7,614,941 shares.
• Indirect beneficial ownership includes 29,155 shares held by his spouse and 92,654 shares held by a 401(K) Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While it represents a reduction in direct insider holdings, it is a gift rather than a market sale, and the number of shares is relatively small compared to total beneficial ownership.

Negatives

• Gregory S. Bentley's direct beneficial ownership of Class B Common Stock decreased by a total of 1,344 shares due to the gifts.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, even gifts, are routinely monitored by investors for insights into management's confidence and potential future actions. This particular filing indicates a routine disposition of shares.

Stakeholder Impact

• Shareholders might note a slight reduction in direct insider ownership, but the impact is minimal given the small number of shares relative to total holdings.

Key Dates

Recommendation

This Form 4 reports a routine gift of a small number of shares by an executive. It does not indicate a change in the company's fundamentals or strategic direction, thus a 'hold' recommendation is maintained.

Keywords

Bentley Systems, BSY, Form 4, insider transaction, stock ownership, Gregory S. Bentley, Class B Common Stock, gift