Bentley Systems (BSY) chair gets 3,749 Class B dividend-equivalent shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BENTLEY GREGORY S reported acquisition or exercise transactions in this Form 4 filing.
Bentley Systems Inc. Executive Chair & President Gregory S. Bentley reported an equity compensation change involving the company’s Class B common stock. He received 3,749 Class B shares as dividend equivalent rights that accrued on previously granted awards, with no cash paid per share.
Following this grant, his direct holdings increased to 7,656,508 Class B shares. He also reports indirect holdings of 92,654 shares held through a 401(k) plan and 29,155 shares held by his spouse. These are compensation-related and holding entries, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
BENTLEY GREGORY S
Role
Executive Chair & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 3,749 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 7,656,508 shares (Direct, null);
Class B Common Stock — 29,155 shares (Indirect, By spouse)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 3,749 Class B shares
Direct holdings after grant: 7,656,508 Class B shares
401(k) indirect holdings: 92,654 Class B shares
+2 more
5 metrics
Equity grant
3,749 Class B shares
Dividend equivalent rights grant on previously granted awards
Direct holdings after grant
7,656,508 Class B shares
Shares directly owned following the 3,749-share grant
401(k) indirect holdings
92,654 Class B shares
Indirect ownership via 401(k) plan
Spouse indirect holdings
29,155 Class B shares
Indirect ownership held by spouse
Grant price per share
$0.00 per share
Dividend equivalent rights, no cash paid
Key Terms
dividend equivalent rights, Class B Common Stock, 401(K) Plan, indirect ownership, +1 more
5 terms
dividend equivalent rights financial
"Represents dividend equivalent rights that accrued to the Reporting Person in connection with a dividend paid"
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.
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.
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.
indirect ownership financial
"ownership_type": "indirect""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
