SCHEDULE 13G/A: BlackRock Amends Passive Stake in Bentley Systems, Reports 4.8% Ownership
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, disclosing a 4.8% passive beneficial ownership stake in Bentley Systems Inc. as of December 31, 2024.
Summary
- BlackRock, Inc. filed an Amendment No. 1 to Schedule 13G concerning its beneficial ownership of Common Stock in Bentley Systems Inc.
- As of December 31, 2024, BlackRock, Inc. beneficially owned an aggregate of 13,861,747 shares of Bentley Systems Inc. Common Stock.
- This ownership represents 4.8% of the total outstanding class of securities.
- BlackRock holds sole voting power over 13,005,681 shares and sole dispositive power over 13,861,747 shares.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Bentley Systems Inc.
- The filing was made under Rule 13d-1(b), indicating BlackRock's status as an institutional investor (parent holding company).
Sentiment
Score: 5
Explanation: Neutral. This is a routine regulatory filing disclosing an institutional investor's passive ownership stake, providing no positive or negative operational or financial news about the issuer.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of an institutional investor's passive ownership stake and does not provide broader industry context or trends.
Stakeholder Impact
- This filing primarily impacts shareholders by providing transparency on significant institutional ownership, confirming BlackRock's passive investment stance.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 01/21/2025 | Date of execution of the Power of Attorney document. |
| 02/05/2025 | Date of filing of the Schedule 13G Amendment No. 1. |
Keywords
BlackRock, Bentley Systems Inc., Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing, Ownership Disclosure
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