Bentley Systems officer awarded 35 Class B shares
Bentley Systems Chief Accounting Officer Thomas F. Trimback received an award of 35 shares of Class B Common Stock on March 19, 2026.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 35 shares
Grant/Award
1 txn
Insider
Trimback Thomas F
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 35 | $0.00 | $0.00 |
Holdings After Transaction:
Class B Common Stock — 19,506 shares (Direct)
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.