Bentley Systems (BSY) director Kirk Griswold awarded 6,749 Class B shares as board compensation

Rhea-AI Filing Summary

Griswold Kirk B. reported acquisition or exercise transactions in this Form 4 filing.

BENTLEY SYSTEMS INC director Kirk B. Griswold received an equity award of 6,749 shares of Class B Common Stock as director compensation. The award was granted at a price of $0.00 per share pursuant to the company’s Non-Employee Director Compensation Policy upon his reelection to the Board of Directors.

Following this grant, Griswold directly holds 468,031 shares of Class B Common Stock. This is a compensation-related, non-market transaction rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Griswold Kirk B.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	6,749	$0.00	--

Holdings After Transaction: Class B Common Stock — 468,031 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 6,749 shares Grant price: $0.00 per share Shares held after grant: 468,031 shares +3 more

6 metrics

Shares granted 6,749 shares Class B Common Stock grant reported on Form 4

Grant price $0.00 per share Price for director compensation equity award

Shares held after grant 468,031 shares Total direct holdings after the transaction

Transaction code A Grant, award, or other acquisition of non-derivative security

Transaction direction acquire Non-derivative equity award to director

Ownership type Direct (D) Director holds shares directly after transaction

Key Terms

Class B Common Stock, Non-Employee Director Compensation Policy, director compensation, 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.

Non-Employee Director Compensation Policy financial

"pursuant to the Issuer's Non-Employee Director Compensation Policy"

director compensation financial

"Represents director compensation paid to the Reporting Person"

Grant, award, or other acquisition regulatory

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

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^*

Griswold Kirk B.

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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	05/21/2026		A(1)		6,749	A	$0.00	468,031	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 director compensation paid to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy upon the Reporting Person's reelection to the Issuer's Board of Directors.

	/s/ Michael T. Fischette, Attorney-in-Fact	05/26/2026
	** 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) director Kirk B. Griswold report on this Form 4?

Kirk B. Griswold reported receiving 6,749 shares of Bentley Systems Class B Common Stock. The shares were granted at $0.00 per share as director compensation tied to his reelection to the company’s Board of Directors under its Non-Employee Director Compensation Policy.

Is the Bentley Systems (BSY) Form 4 transaction a market buy or sell?

The Form 4 does not show a market buy or sell. It records a grant of 6,749 Class B Common Stock shares at $0.00 per share as non-cash director compensation, awarded upon Kirk B. Griswold’s reelection to the Bentley Systems Board of Directors.

How many Bentley Systems (BSY) shares does Kirk B. Griswold hold after this Form 4?

After the reported grant, Kirk B. Griswold directly holds 468,031 shares of Bentley Systems Class B Common Stock. This total includes the 6,749 shares awarded as director compensation in connection with his reelection to the company’s Board of Directors.

What is the price per share for the Bentley Systems (BSY) grant to Kirk B. Griswold?

The grant was reported at $0.00 per share. That reflects a non-cash equity award of 6,749 Class B Common Stock shares as part of Bentley Systems’ Non-Employee Director Compensation Policy, rather than an open-market transaction with a purchase or sale price.

Why did Kirk B. Griswold receive Bentley Systems (BSY) shares in this Form 4?

He received the shares as director compensation under Bentley Systems’ Non-Employee Director Compensation Policy. The 6,749 Class B Common Stock shares were granted upon his reelection to the company’s Board of Directors, according to the footnote in the Form 4 filing.