Bentley Systems director proposes $67.5M share sale

The shares are identified as compensation shares acquired from Bentley Systems Inc. on May 1, 2018.

Rhea-AI Filing Summary

Bentley Systems Inc. (BSY) director Raymond Bonitz Bentley reported a proposed sale of 1,500,000 Class B shares, listed with an aggregate market value of $67,500,000.00. The notice gives October 23, 2026 as the approximate sale date and names The Charles Schwab Corporation as the broker. It also lists 290,577,762 shares outstanding.

Key Figures

Proposed sale: 1,500,000 Class B shares Aggregate market value: $67,500,000.00 Shares outstanding: 290,577,762 shares +1 more

4 metrics

Proposed sale 1,500,000 Class B shares Approximate sale date: October 23, 2026

Aggregate market value $67,500,000.00 For the proposed sale

Shares outstanding 290,577,762 shares Issuer shares outstanding listed in securities information

Acquisition date May 1, 2018 Compensation shares acquired from the issuer

Key Terms

Rule 144, COMPENSATION SHARES, COMMON CL B

3 terms

Rule 144 regulatory

"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.

COMPENSATION SHARES financial

"COMPENSATION SHARES | ISSUER"

COMMON CL B financial

"COMMON CL B | THE CHARLES SCHWAB CORPORATION"

FAQ

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How many BSY shares did Raymond Bonitz Bentley propose to sell?

Raymond Bonitz Bentley, a director of Bentley Systems Inc. (BSY), listed a proposed sale of 1,500,000 Class B shares. The notice gives an aggregate market value of $67,500,000.00 and an approximate sale date of October 23, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/23/2026 - 03:27 PM EDT Accepted by SEC EDGAR 10/23/2026 - 03:26 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001825229
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	BENTLEY SYSTEMS INC
SEC File Number	001-39548
Address of Issuer	685 STOCKTON DRIVE EXTON PENNSYLVANIA 19341
Phone	6104585000
Name of Person for Whose Account the Securities are To Be Sold	Bentley Raymond B.
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON CL B	THE CHARLES SCHWAB CORPORATION 3000 Schwab Way Westlake TX 76262	1500000	67500000.00	290577762	10/23/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
COMMON CL B	05/01/2018	COMPENSATION SHARES	ISSUER			1500000	05/01/2018	NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	10/23/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	03/12/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	RAYMOND BONITZ BENTLEY
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)