Bentley Systems CFO acquires 199 dividend-linked shares

The reported post-transaction total was adjusted to account for dividend equivalent rights incorrectly included in earlier reports.

Rhea-AI Filing Summary

Bentley Systems Inc. (BSY) Chief Financial Officer Andre Werner reported an acquisition of 199 Class B Common Stock shares on September 29, 2026. The shares represent dividend equivalent rights accrued in connection with a dividend on previously granted awards and vest on the same terms as those awards. Werner directly held 377,843 shares afterward; the total includes shares acquired through the employee stock purchase plan for the offering period ended June 30, 2026, with enrollment and contribution elections made in December 2025.

Insider Trade Summary

Grant/Award: 199 shares

Grant/Award 1 txn

Insider Andre Werner

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock F1, F2	199	$0.00	$0.00

Holdings After Transaction: Class B Common Stock — 377,843 shares (Direct)

Footnotes (2)

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.
2. F2. Includes shares of Class B Common Stock acquired by the Reporting Person through the Bentley Systems, Incorporated Global Employee Stock Purchase Plan for an offering period ended on June 30, 2026 for which the Reporting Person's enrollment and contribution elections were made in December 2025. Total has been adjusted to account for dividend equivalent rights incorrectly included in prior reports.

Key Figures

Class B Common Stock acquired: 199 shares Reported per-share price: $0.00 per share Direct shares following transaction: 377,843 shares

3 metrics

Class B Common Stock acquired 199 shares September 29, 2026; dividend equivalent rights

Reported per-share price $0.00 per share Acquisition reported on September 29, 2026

Direct shares following transaction 377,843 shares Reported after the September 29, 2026 transaction

Key Terms

dividend equivalent rights, Global Employee Stock Purchase Plan, offering period

3 terms

dividend equivalent rights financial

"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.

Global Employee Stock Purchase Plan financial

"through the Bentley Systems, Incorporated Global Employee Stock Purchase Plan"

offering period financial

"for an offering period ended on June 30, 2026"

FAQ

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

How many shares did BSY CFO Andre Werner hold after the acquisition?

Andre Werner directly held 377,843 shares of Class B Common Stock after the September 29, 2026 transaction. The total included shares acquired through Bentley Systems, Incorporated's Global Employee Stock Purchase Plan for the offering period ended June 30, 2026, based on enrollment and contribution elections made in December 2025.

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

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Available on EDGAR 10/01/2026 - 04:54 PM Accepted by SEC EDGAR 10/01/2026 - 04:54 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^*

Andre Werner

(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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2026

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	09/29/2026		A(1)		199	A	$0.00	377,843(2)	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.

2. Includes shares of Class B Common Stock acquired by the Reporting Person through the Bentley Systems, Incorporated Global Employee Stock Purchase Plan for an offering period ended on June 30, 2026 for which the Reporting Person's enrollment and contribution elections were made in December 2025. Total has been adjusted to account for dividend equivalent rights incorrectly included in prior reports.

	/s/ Michael T. Fischette, Attorney-in-Fact	10/01/2026
	** 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)