Form 4: Bentley Systems Executive Reports Stock Transactions

Gregory S. Bentley of Bentley Systems Inc. reported transactions involving Class B Common Stock, including acquisitions and dispositions related to compensation and tax withholding.

Summary

• Gregory S. Bentley, Director, 10% Owner, and Executive Chair & President of Bentley Systems Inc. (BSY), reported several transactions on April 23, 2026.
• These transactions involved Class B Common Stock.
• Specifically, 62,032 shares were acquired at a price of $32.65 per share, designated as the stock portion of compensation under the Issuer's Bonus Pool Plan.
• Additionally, 27,133 shares were disposed of at $32.65 per share, representing shares withheld by the Issuer to cover taxes owed by the Reporting Person on the Bonus Pool Payment.
• Following these transactions, Mr. Bentley beneficially owns 7,679,892 shares directly.
• 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 filing as neutral, as it represents routine insider transactions related to compensation and tax management rather than a strategic shift or significant change in beneficial ownership.

Positives

• Acquisition of 62,032 shares as part of compensation, indicating continued incentive alignment with the company's performance.
• The company is managing tax obligations for its executives by withholding shares, a common and efficient practice.

Negatives

• Disposition of 27,133 shares to cover taxes, which reduces the executive's direct holdings, although this is a standard practice.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which details past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions. The transactions reported by Gregory S. Bentley are typical for executive compensation and tax management within the software and technology sector, reflecting standard practices for managing equity awards.

Stakeholder Impact

• Shareholders: The transactions do not indicate a change in the reporting person's overall beneficial ownership strategy, suggesting no immediate impact on share control or voting power beyond standard compensation practices.
• Employees: The Bonus Pool Plan mentioned indicates a performance-based incentive structure that could extend to other employees, though details are not provided.
• Management: The transactions reflect standard executive compensation and tax management, aligning with typical corporate governance practices.

Key Dates

Keywords

Bentley Systems, BSY, Form 4, Insider Trading, Stock Transaction, Beneficial Ownership, Executive Compensation, Tax Withholding, Class B Common Stock, Gregory S. Bentley