Bentley Systems director gifts 121,951 Class B common shares

Bentley Systems, Inc. director and 10% owner reported transferring 121,951 shares of Class B common stock at a stated price of $0.00 on December 10, 2025.

Rhea-AI Filing Summary

Bentley Systems, Inc. director and 10% owner reported transferring 121,951 shares of Class B common stock at a stated price of $0.00 on December 10, 2025. After this transaction, the insider beneficially owned 15,101,853 Class B shares directly, 125,000 shares indirectly through a spouse, and 92,654 shares through a 401(K) plan.

Insider Trade Summary

121,951 shares gifted

Gift 3 txns

Insider Bentley Raymond B.

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Gift	Class B Common Stock	121,951	$0.00	$0.00
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 15,101,853 shares (Direct); Class B Common Stock — 125,000 shares (Indirect, By Spouse); Class B Common Stock — 92,654 shares (Indirect, By 401(K) Plan)

FAQ

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

What insider transaction did Bentley Systems (BSY) report on December 10, 2025?

An insider who is a director and 10% owner reported transferring 121,951 shares of Bentley Systems Class B common stock at a stated price of $0.00 on December 10, 2025.

How many Bentley Systems (BSY) shares does the insider own after the reported transaction?

Following the transaction, the insider beneficially owns 15,101,853 Class B shares directly, 125,000 shares indirectly through a spouse, and 92,654 shares through a 401(K) plan.

What is the relationship of the reporting person to Bentley Systems (BSY)?

The reporting person is identified as both a director and a 10% owner of Bentley Systems, Inc.

How is the Bentley Systems (BSY) insider’s ownership structured between direct and indirect holdings?

The insider holds 15,101,853 Class B shares directly, with additional indirect holdings of 125,000 shares through a spouse and 92,654 shares through a 401(K) plan.

Was the Bentley Systems (BSY) insider filing made by one or multiple reporting persons?

The filing indicates it was a Form filed by one reporting person, not a joint or group filing.

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

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Accepted by SEC EDGAR 12/12/2025 - 04:15 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^*

Bentley Raymond B.

(Last) (First) (Middle)

C/O BENTLEY SYSTEMS, INCORPORATED

685 STOCKTON DRIVE

(Street)

EXTON PA 19341

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	12/10/2025		G		121,951	D	$0.00	15,101,853	D
Class B Common Stock								125,000	I	By Spouse
Class B Common Stock								92,654	I	By 401(K) Plan

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:

	/s/ Michael T. Fischette, Attorney-in-Fact	12/12/2025
	** 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.