[144] Bentley Systems, Incorporated SEC Filing

Rhea-AI Filing Summary

Bentley Systems filed a Form 144 reporting a proposed sale of 25,000 Class B common shares through Charles Schwab on Nasdaq with an aggregate market value of $1,322,750 and 29,209,3306 shares outstanding reported in the notice.

The shares were acquired as a gift on 02/23/2017 from Keith Bentley; the filing lists prior related sales during the past three months, including 149,991 shares sold on 07/07/2025 for $8,326,003.40 and several smaller trust sales in May 2025. The filer also attests they are unaware of any undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR: Routine insider sale notice reporting a 25,000-share proposed sale and multiple recent trust transactions.

The Form 144 documents a proposed disposition of 25,000 Class B shares via Charles Schwab with an aggregate market value of $1,322,750. The filing also discloses significant activity in the prior three months, notably a sale of 149,991 shares on 07/07/2025 for $8,326,003.40. These are reported as transfers and trust sales; the filer states the shares were acquired by gift on 02/23/2017. On its face, the notice is a standard disclosure of intended insider sales and related past transactions.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; includes seller's attestation regarding material nonpublic information.

The filing provides required details: broker name (Charles Schwab), approximate sale date (08/12/2025), share counts, and the seller's representation that no material adverse nonpublic information is known. It also records the origin of the shares as a gift and lists multiple trust sales in May and July 2025. Procedurally, the document fulfills the Rule 144 reporting elements shown in the content.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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
Class B Common Stock	Charles Schwab & Co. 3000 Schwab Way Westlake TX 76262	25000	1322750.00	292093306	08/12/2025	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 *
Class B Common Stock	02/23/2017	Gift	Keith Bentley		08/14/1987	25000	02/23/2017	Gift

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Keith Bentley 685 STOCKTON DRIVE EXTON PA 19341	Class B Common Stock	07/07/2025	149991	8326003.40
Keith A Bentley 2007 Gift Trust FBO David 685 STOCKTON DRIVE EXTON PA 19341	Class B Common Stock	05/28/2025	3	144.06
Keith A Bentley 2007 Gift Trust FBO David 685 STOCKTON DRIVE EXTON PA 19341	Class B Common Stock	05/27/2025	20684	999876.81
Keith A Bentley 2012 Gift Trust FBO Charlene 685 STOCKTON DRIVE EXTON PA 19341	Class B Common Stock	05/23/2025	73	3463.63
Keith A Bentley 2012 Gift Trust FBO Charlene 685 STOCKTON DRIVE EXTON PA 19341	Class B Common Stock	05/22/2025	4316	205544.46
Keith A Bentley 2012 Gift Trust FBO Charlene 685 STOCKTON DRIVE EXTON PA 19341	Class B Common Stock	05/21/2025	854	41010.82

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for Bentley Systems (BSY) report?

The Form 144 reports a proposed sale of 25,000 Class B common shares through Charles Schwab on Nasdaq with an aggregate market value of $1,322,750.

Who acquired the shares being sold and how were they obtained?

The filing shows the 25,000 Class B shares were acquired as a gift on 02/23/2017 from Keith Bentley.

Were there other insider sales disclosed in the past three months?

Yes. The filing lists prior sales including 149,991 shares sold on 07/07/2025 for $8,326,003.40 and several smaller trust sales in May 2025.

Which broker is handling the proposed sale listed in the Form 144?

The proposed sale lists Charles Schwab & Co., 3000 Schwab Way, Westlake TX as the broker.

Does the filer make any attestation about nonpublic information?

Yes. The person for whose account the securities are to be sold represents they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.