Form 4: Bentley Systems Executive Julien Moutte Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Julien Moutte, Chief Technology Officer of Bentley Systems, reports a transaction involving the withholding of shares to cover taxes upon vesting of previously granted awards.
Summary
- On April 1, 2025, Julien Moutte, the Chief Technology Officer of Bentley Systems, engaged in a transaction where 2,741 shares of Class B Common Stock were disposed of at a price of $40.49.
- These shares were withheld by Bentley Systems to cover taxes due upon the vesting of previously granted awards.
- Following this transaction, Moutte directly owns 68,739 shares of Bentley Systems Class B Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax withholding, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to stock awards.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the stock transaction (disposal of shares for tax withholding). |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Julien Moutte, Bentley Systems, BSY, Stock Transaction, Tax Withholding, Class B Common Stock, Chief Technology Officer
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