Form 4: Bentley Systems Executive Reports Stock Transaction

Michael M. Campbell, Chief Product Officer of Bentley Systems, reports a transaction involving Class B Common Stock on September 6, 2024.

Summary

• On September 6, 2024, Michael M. Campbell, Chief Product Officer of Bentley Systems, engaged in a transaction involving the company's Class B Common Stock.
• The transaction involved the withholding of 10,899 shares by the issuer to cover taxes due upon the vesting of previously granted awards, priced at $48.29 per share.
• Following the reported transaction, Campbell directly owns 75,528 shares of Class B Common Stock.
• These shares include those acquired through the Bentley Systems, Incorporated Global Employee Stock Purchase Plan for an offering period ended on June 30, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing represents a routine transaction related to tax obligations on vested stock awards. It doesn't inherently indicate positive or negative sentiment towards the company's prospects.

Positives

• The reporting person continues to hold a significant number of shares in the company, indicating confidence.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.

Key Dates