Bentley Systems (BSY) CAO receives 42 dividend-equivalent shares

Rhea-AI Filing Summary

Trimback Thomas F reported acquisition or exercise transactions in this Form 4 filing.

Bentley Systems Chief Accounting Officer Thomas F. Trimback received an award of 42 shares of Class B Common Stock on account of dividend equivalent rights tied to previously granted equity awards. These new shares vest on the same terms as the underlying awards and increase his directly held stake to 19,376 shares. The award is compensation-related, with no open-market purchase or sale involved.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Trimback Thomas F

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	42	$0.00	--

Holdings After Transaction: Class B Common Stock — 19,376 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 42 shares Price per share: $0.0000 per share Total shares after grant: 19,376 shares

3 metrics

Shares granted 42 shares Dividend equivalent rights on awards, granted on 2026-06-11

Price per share $0.0000 per share Reported grant price for the 42 Class B shares

Total shares after grant 19,376 shares Direct Class B Common Stock holdings following the transaction

Key Terms

dividend equivalent rights, Class B Common Stock, grant/award acquisition

3 terms

dividend equivalent rights financial

"Represents dividend equivalent rights that accrued to the Reporting Person in connection with a dividend paid by the Issuer"

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.

grant/award acquisition financial

"transaction_action: grant/award acquisition"

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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^*

Trimback Thomas F

(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 Accounting Officer

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)		42	A	$0.00	19,376	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.

	/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)

FAQ

What insider transaction did Bentley Systems (BSY) report for Thomas F. Trimback?

Bentley Systems reported that Chief Accounting Officer Thomas F. Trimback received 42 shares of Class B Common Stock. These came from dividend equivalent rights on prior equity awards and are compensation-related rather than an open-market purchase or sale.

How many Bentley Systems (BSY) shares does Thomas F. Trimback now hold?

After the latest award, Thomas F. Trimback directly holds 19,376 shares of Bentley Systems Class B Common Stock. This figure reflects his position following the grant of 42 dividend equivalent shares tied to previously granted awards.

Was the Bentley Systems (BSY) Form 4 transaction a stock purchase or sale?

The Form 4 transaction was neither a market purchase nor a sale. It reflects a grant of 42 dividend equivalent shares to Thomas F. Trimback as part of his existing equity awards, with no cash consideration reported per share.

What are the dividend equivalent rights mentioned in the Bentley Systems (BSY) filing?

Dividend equivalent rights are additional shares credited when the company pays dividends on existing awards. In this case, 42 shares accrued to Thomas F. Trimback and will vest under the same schedule and conditions as the original equity awards they track.

Does the Bentley Systems (BSY) Form 4 indicate any remaining derivatives for the insider?

The Form 4 summary shows no derivative securities listed for this transaction. The reported activity involves only non-derivative Class B Common Stock, specifically shares issued through dividend equivalent rights tied to previously granted awards.