Bentley Systems (BSY) CAO gets 35 dividend-equivalent Class B shares

Rhea-AI Filing Summary

Bentley Systems Chief Accounting Officer Thomas F. Trimback received an award of 35 shares of Class B Common Stock on March 19, 2026. The filing explains these are dividend equivalent rights that accrued on previously granted awards and will vest on the same terms as those original awards.

After this acquisition, Trimback directly holds 19,506 shares of Class B Common Stock. This is a routine, compensation-related equity grant rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Trimback Thomas F

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	35	$0.00	--

Holdings After Transaction: Class B Common Stock — 19,506 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Trimback Thomas F

(Last) (First) (Middle)

C/O BENTLEY SYSTEMS, INCORPORATED

685 STOCKTON DRIVE

(Street)

EXTON PENNSYLVANIA 19341

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BENTLEY SYSTEMS INC [ BSY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock	03/19/2026		A(1)		35	A	$0.00	19,506	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents dividend equivalent rights that accrued to the Reporting Person in connection with a dividend paid by the Issuer on awards previously granted and vest on the same terms as the awards to which they relate.

	/s/ Michael T. Fischette, Attorney-in-Fact	03/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Bentley Systems (BSY) insider Thomas F. Trimback report on this Form 4?

Bentley Systems Chief Accounting Officer Thomas F. Trimback reported receiving 35 shares of Class B Common Stock as a compensation-related award. These shares are dividend equivalent rights tied to earlier awards and follow the same vesting schedule as those underlying grants.

Is the Bentley Systems (BSY) Form 4 transaction an open-market buy or a grant?

The transaction is an equity grant, not an open-market purchase. Trimback received 35 shares as dividend equivalent rights that accrued on previously granted awards, vesting on the same terms as the original grants rather than being bought in the market.

How many Bentley Systems (BSY) shares does Thomas F. Trimback hold after this Form 4?

Following this grant, Trimback directly holds 19,506 shares of Bentley Systems Class B Common Stock. This total includes the newly awarded 35 dividend equivalent rights that were added to his existing position as part of his ongoing equity compensation.

What are dividend equivalent rights in the Bentley Systems (BSY) insider award?

Dividend equivalent rights give the holder additional share-based awards when dividends are paid on existing equity grants. For Trimback, 35 such rights accrued on prior awards at Bentley Systems and will vest on the same schedule as those underlying grants, aligning compensation with shareholders.

Does this Bentley Systems (BSY) Form 4 indicate any share sales by Thomas F. Trimback?

No, the Form 4 only reports an acquisition of shares through a grant. Trimback received 35 dividend equivalent rights, increasing his direct holdings to 19,506 shares, with no dispositions or sales disclosed in this particular insider transaction filing.