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Bentley Systems officer proposes $450K share sale

The notice traces the shares to Performance Stock Units acquired from Bentley Systems on March 13, 2024, with services rendered listed as payment.

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Form Type
144

Rhea-AI Filing Summary

Bentley Systems, Inc. officer Werner Andre reported a proposed sale of 10,000 shares of Class B Common, with an aggregate market value of $450,000 and an approximate sale date of November 6, 2026. Morgan Stanley Smith Barney LLC is listed as broker, and NASDAQ as the exchange. The shares were acquired from the issuer on March 13, 2024, as Performance Stock Units; the nature of payment is listed as services rendered.

Shares proposed for sale 10,000 shares Class B Common
Aggregate market value $450,000 Proposed sale
Shares outstanding 290,923,096 shares Class B Common
Shares acquired as Performance Stock Units 10,000 shares Acquired from the issuer on March 13, 2024
Approximate sale date November 6, 2026 Proposed sale
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.
Performance Stock Units financial
"Performance Stock Units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Class B Common technical
"Class B Common"

FAQ

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How many BSY shares did Werner Andre report for sale?

Werner Andre reported a proposed sale of 10,000 shares of Class B Common, with an aggregate market value of $450,000 and an approximate sale date of November 6, 2026. Morgan Stanley Smith Barney LLC is listed as the broker, and NASDAQ as the exchange.

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

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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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