Form 4: Bentley Systems Officer Acquires Class B Stock

Bentley Systems' Chief Accounting Officer, Thomas F. Trimback, acquired 35 shares of Class B Common Stock through dividend equivalent rights.

Summary

• Thomas F. Trimback, Chief Accounting Officer of Bentley Systems, Inc. (BSY), acquired 35 shares of Class B Common Stock.
• The transaction occurred on March 19, 2026, and was an acquisition (Code A) at a price of $0.00 per share.
• These shares represent dividend equivalent rights that accrued in connection with a dividend paid by the Issuer on previously granted awards.
• The acquired rights will vest on the same terms as the underlying awards to which they relate.
• Following this transaction, Thomas F. Trimback beneficially owns 19,506 shares of Class B Common Stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. It's a routine compensation-related acquisition, not an open-market purchase, but it does increase the insider's stake, indicating continued alignment.

Positives

• The acquisition of additional shares, even through dividend equivalent rights, increases the Chief Accounting Officer's direct stake in the company, aligning management interests with shareholders.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as the acquisition of shares through dividend equivalent rights, are common and reflect the ongoing compensation structure for executives. While not an open-market purchase, it signifies continued alignment of management's equity interests with the company's performance, a standard practice across the software and infrastructure engineering industries.

Stakeholder Impact

• Shareholders may view the increased insider ownership as a positive sign of management's continued commitment and alignment with shareholder interests.

Key Dates

Recommendation

This Form 4 reports a routine acquisition of shares by a Chief Accounting Officer through dividend equivalent rights, not an open market purchase. While it indicates continued insider ownership, it does not provide new fundamental information to alter an investment thesis, thus a 'hold' recommendation is appropriate.

Keywords

Bentley Systems, BSY, Form 4, Insider Transaction, Stock Acquisition, Dividend Equivalent Rights, Thomas F. Trimback, Chief Accounting Officer