Bentley Systems insider awarded 3 Class B shares

Bentley Barry J. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Bentley Barry J. reported acquisition or exercise transactions in this Form 4 filing.

Bentley Systems Inc. director and major shareholder Barry J. Bentley reported a small equity-related change in his holdings. He received 3 shares of Class B Common Stock at $0.00 per share as a grant or award, described in the footnote as dividend equivalent rights that accrued in connection with a dividend on previously granted awards and that vest on the same terms as those awards. Following this award, he now holds 11,837,893 shares of Class B Common Stock directly and 92,654 shares indirectly through a 401(k) plan as of the reported date.

Insider Trade Summary

Grant/Award: 3 shares

Grant/Award 2 txns

Insider Bentley Barry J.

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	3	$0.00	$0.00
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 11,837,893 shares (Direct); Class B Common Stock — 92,654 shares (Indirect, By 401(K) Plan)

Footnotes (1)

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.

Key Figures

Shares granted: 3 shares Grant price: $0.00 per share Direct holdings after: 11,837,893 shares +1 more

4 metrics

Shares granted 3 shares Class B Common Stock grant/award on June 11, 2026

Grant price $0.00 per share Dividend equivalent rights award

Direct holdings after 11,837,893 shares Class B Common Stock directly owned after transaction

Indirect 401(k) holdings 92,654 shares Class B Common Stock held through 401(k) plan

Key Terms

Class B Common Stock, dividend equivalent rights, 401(K) Plan, Grant, award, or other acquisition

4 terms

Class B Common Stock financial

"security_title: "Class B Common Stock""

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

dividend equivalent rights financial

"Represents dividend equivalent rights that accrued to the Reporting Person"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

401(K) Plan financial

"nature_of_ownership: "By 401(K) Plan""

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Barry J. Bentley report in this BSY Form 4 filing?

Barry J. Bentley reported receiving 3 shares of Bentley Systems Class B Common Stock as a grant or award. These shares are described as dividend equivalent rights tied to earlier awards and vest on the same terms as those underlying awards.

How many Bentley Systems (BSY) shares does Barry J. Bentley now hold directly?

After this reported transaction, Barry J. Bentley directly holds 11,837,893 shares of Bentley Systems Class B Common Stock. This figure reflects his direct ownership position as updated on the Form 4 transaction date of June 11, 2026.

What are the indirect Bentley Systems (BSY) holdings reported for Barry J. Bentley?

The filing shows 92,654 shares of Bentley Systems Class B Common Stock held indirectly for Barry J. Bentley through a 401(k) plan. This indirect position is reported separately from his much larger direct share ownership.

What is the nature of the 3-share award reported by Barry J. Bentley?

The 3-share award represents dividend equivalent rights that accrued on previously granted awards when Bentley Systems paid a dividend. According to the footnote, these rights vest on the same schedule and terms as the underlying original awards.

Did Barry J. Bentley buy or sell Bentley Systems (BSY) shares on the market?

This Form 4 does not show any open-market purchases or sales. It reports a small grant of 3 shares as dividend equivalent rights and updates direct and indirect holdings, with no market buy or sell transactions indicated.

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

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Accepted by SEC EDGAR 06/15/2026 - 04:16 PM Learn about SEC filing dates

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^*

Bentley Barry J.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

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	06/11/2026		A(1)		3	A	$0.00	11,837,893	D
Class B Common Stock								92,654	I	By 401(K) Plan

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	06/15/2026
	** 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)