Director-linked trust may sell $11M Bentley Systems (NASDAQ: BSY) stock
Rhea-AI Filing Summary
BENTLEY SYSTEMS INC (BSY) received a Form 144 notice that the Bentley 2012 Generation Skipping Trust, for which a director is associated, may sell up to 300,000 shares of Class B stock through Charles Schwab & Co. The shares have an indicated aggregate market value of $11,082,000 and relate to a class with 290,577,762 shares outstanding, listed on Nasdaq. The shares were originally acquired as a gift on December 21, 2012, from Raymond B. Bentley.
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Key Figures
Class B shares to be sold: 300,000 shares
Aggregate market value: $11,082,000
Shares outstanding (Class B): 290,577,762 shares
+3 more
6 metrics
Class B shares to be sold
300,000 shares
Maximum number of BENTLEY SYSTEMS INC Class B shares covered by the Form 144
Aggregate market value
$11,082,000
Value associated with 300,000 Class B shares to be sold
Shares outstanding (Class B)
290,577,762 shares
Shares outstanding for the class related to the planned sale
Planned sale date
08/27/2026
Date listed in connection with the potential sale on Nasdaq
Acquisition date of shares
12/21/2012
Date the shares were acquired as a gift from Raymond B. Bentley
Seller account
Bentley 2012 Generation Skipping Trust
Trust for whose account the securities are to be sold
Key Terms
Rule 144, Generation Skipping Trust, Form 144, aggregate market value
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Generation Skipping Trust financial
"Name of Person for Whose Account the Securities are To Be Sold | Bentley 2012 Generation Skipping Trust"
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
aggregate market value financial
"class b | Charles Schwab & Co ... | 300000 | 11082000.00 | 290577762"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
Who is the selling security holder in this BSY Form 144?
The selling security holder is the Bentley 2012 Generation Skipping Trust, associated with a director of BENTLEY SYSTEMS INC. The trust is filing to potentially sell Class B shares under Rule 144.
AI-generated analysis. How Rhea-AI works. Not financial advice.