Bentley Systems director sells 500,000 shares
The three sale tranches were reported at weighted-average prices across three disclosed transaction-price ranges.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Raymond B. Bentley, a director and 10% owner of Bentley Systems Inc. (BSY), sold 500,000 shares of Class B Common Stock on November 5, 2026, in three reported transactions. The weighted-average prices were $45.4179 for 138,103 shares, $46.4939 for 181,240 shares, and $47.2537 for 180,657 shares. The sales were made pursuant to a Rule 10b5-1 trading plan adopted March 12, 2026. Separate holdings reported for November 5, 2026, include 125,000 shares held by his spouse and 92,654 shares held by a 401(k) plan.
Insider Trade Summary 10b5-1
Net Seller: 500,000 shares
Net Sell
3 txns
Insider
Bentley Raymond B.
Role
Director, 10% Owner
Sold
500,000 shs ($23.24M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock F1, F2 | 138,103 | $45.4179 | $6.27M |
| Sale | Class B Common Stock F1, F3 | 181,240 | $46.4939 | $8.43M |
| Sale | Class B Common Stock F1, F4 | 180,657 | $47.2537 | $8.54M |
| Holding | Class B Common Stock | -- | -- | -- |
| Holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 13,816,404 shares (Direct);
Class B Common Stock — 125,000 shares (Indirect, By Spouse);
Class B Common Stock — 92,654 shares (Indirect, By 401(K) Plan)
Footnotes (4)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on November 5, 2026 at prices ranging from $45.00 to $46.00. The Reporting Person undertakes to provide to Bentley Systems, Incorporated, any security holder of Bentley Systems, Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on November 5, 2026 at prices ranging from $46.025 to $47.02. The Reporting Person undertakes to provide to Bentley Systems, Incorporated, any security holder of Bentley Systems, Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on November 5, 2026 at prices ranging from $47.03 to $47.61. The Reporting Person undertakes to provide to Bentley Systems, Incorporated, any security holder of Bentley Systems, Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Key Figures
Class B Common Stock sale: 138,103 shares at $45.4179 per share
Class B Common Stock sale: 181,240 shares at $46.4939 per share
Class B Common Stock sale: 180,657 shares at $47.2537 per share
+2 more
5 metrics
Class B Common Stock sale
138,103 shares at $45.4179 per share
November 5, 2026; weighted-average price
Class B Common Stock sale
181,240 shares at $46.4939 per share
November 5, 2026; weighted-average price
Class B Common Stock sale
180,657 shares at $47.2537 per share
November 5, 2026; weighted-average price
Shares held by spouse
125,000 shares
Reported as of November 5, 2026
Shares held by 401(k) plan
92,654 shares
Reported as of November 5, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class B Common Stock financial
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What price ranges applied to Raymond B. Bentley's BSY sales?
The 138,103-share sale was within $45.00 to $46.00 per share; the 181,240-share sale was within $46.025 to $47.02; and the 180,657-share sale was within $47.03 to $47.61. Each range applies to sales on November 5, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
