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Bentley Systems, Incorporated Form 4 Filings

BSY NASDAQ

Every Form 4 that Bentley Systems, Incorporated (BSY) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A Form 4 covers the transactions officers, directors and large holders report, so if you follow BSY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BSY filings page.

Rhea-AI 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.

Rhea-AI Summary

Bentley Systems Inc. Chief Accounting Officer Thomas F. Trimback acquired 23 shares of Class B Common Stock on September 29, 2026, as dividend equivalent rights accrued on awards granted previously; the rights vest on the same terms as those awards. The reported transaction price was $0 per share, and his resulting direct holdings were 19,366 shares. The reported total was adjusted to account for dividend equivalent rights incorrectly included in prior reports.

Rhea-AI Summary

Bentley Systems, Inc. (BSY) director and 10% owner Raymond B. Bentley reported acquiring 2,044 shares of Class B Common Stock on September 29, 2026. The reported transaction represents dividend equivalent rights accrued in connection with a dividend paid on previously granted awards. His reported direct holdings after the acquisition were 14,816,404 shares. The filing also lists 125,000 shares held indirectly by his spouse and 92,654 shares held through a 401(k) plan.

Rhea-AI Summary

Bentley Systems Inc. (BSY) reports that Chief Revenue Officer Andrew Rahden acquired 174 Class B common shares on September 29, 2026. The shares represent dividend equivalent rights accrued in connection with a dividend paid on previously granted awards. Rahden’s directly held position after the transaction was 88,319 Class B common shares.

Rhea-AI Summary

Bentley Systems, Inc. (BSY) Chief Executive Officer Nicholas Cumins acquired 737 shares of Class B Common Stock on September 29, 2026, as dividend equivalent rights accrued on previously granted awards. The rights vest on the same terms as the related awards. His reported direct holdings after the transaction were 533,221 shares; that total was adjusted for dividend equivalent rights incorrectly included in prior reports.

Rhea-AI Summary

Bentley Systems (BSY) Chief Technology Officer Julien Moutte acquired 106 shares of Class B Common Stock on September 29, 2026, representing dividend equivalent rights accrued in connection with a dividend paid on previously granted awards; the rights vest on the same terms as those awards. His reported direct holdings following the transaction were 90,862 shares.

Rhea-AI Summary

Bentley Systems Inc. (BSY) Chief Operating Officer James K. Lee acquired 402 Class B common shares on September 29, 2026. The shares represent dividend equivalent rights accrued in connection with a dividend paid on previously granted awards and vest on the same terms as those awards. His reported direct holdings following the transaction were 221,712 shares; the total was adjusted to account for dividend equivalent rights incorrectly included in prior reports.

Rhea-AI Summary

Bentley Systems Inc. (BSY) director Kirk B. Griswold acquired 85 shares of Class B common stock on September 29, 2026, reported as dividend equivalent rights accrued in connection with a dividend paid on previously granted awards. The reported transaction price was $0.00 per share. His reported direct holdings after the acquisition were 468,202 shares.

Rhea-AI Summary

Bentley Systems Inc. Chief Legal Officer David R. Shaman acquired 469 Class B common shares on September 29, 2026, as dividend equivalent rights accrued on previously granted awards; the rights vest on the same terms as those awards. His reported direct holdings afterward were 622,995 shares, adjusted for dividend equivalent rights incorrectly included in prior reports. Reported indirect holdings included 279,308 shares by Grantor Retained Annuity Trusts, 80,000 by a spouse trustee and 32,635 in a 401(k) plan.

Rhea-AI Summary

Keith A. Bentley, a director and 10% owner of Bentley Systems Inc. (BSY), acquired 1,033 shares of Class B Common Stock on September 29, 2026. His reported direct holdings after the transaction were 3,845,254 shares; separate entries list 12,696,921 shares through Grantor Retained Annuity Trusts and 92,654 shares through the 401(K) Plan.

Rhea-AI Summary

Bentley Systems Inc. Executive Chair & President Gregory S. Bentley acquired 3,691 shares of Class B Common Stock on September 29, 2026, as dividend equivalent rights accrued in connection with a dividend paid on previously granted awards. He held 7,680,362 shares directly after the acquisition. The filing also lists 29,155 shares held by his spouse and 92,654 shares held by a 401(k) plan.

Rhea-AI Summary

Bentley Systems Inc. (BSY) director and 10% owner Barry J. Bentley acquired 3 shares of Class B Common Stock on September 29, 2026, representing dividend equivalent rights accrued in connection with a dividend paid on previously granted awards. The rights vest on the same terms as those awards. His reported direct holdings after the transaction were 11,837,896 shares; he also reported 92,654 shares held indirectly through the 401(k) Plan.

Rhea-AI Summary

BENTLEY SYSTEMS INC (BSY) reported that Chief Legal Officer David R. Shaman had 6,665 shares of Class B Common Stock withheld on August 31, 2026 to pay tax liabilities in connection with a scheduled distribution from the issuer's Non-Qualified Deferred Compensation Plan, at a reference price of $36.75 per share. Following this tax-withholding disposition, he held 622,681 Class B shares directly, plus additional indirect holdings through Grantor Retained Annuity Trusts, a spouse trustee account, and a 401(k) plan. No transactions were reported under a Rule 10b5-1 trading plan.

Rhea-AI Summary

BENTLEY SYSTEMS INC (BSY) reported that Executive Chair & President Gregory S. Bentley made a bona fide gift of 13,192 shares of Class B Common Stock on 2026-08-27. After this gift, he directly holds 7,676,671 Class B shares, with additional indirect holdings of 29,155 shares held by his spouse and 92,654 shares held through a 401(k) plan.

Rhea-AI Summary

Bentley Systems Inc. executive Gregory S. Bentley, who serves as Executive Chair, President and a more than 10% owner, reported making bona fide gifts of Class B Common Stock on 2026-08-12. He transferred 703 shares and 281 shares at a stated price of $0.00 per share. The filing also reports indirect holdings of Class B Common Stock, including 29,155 shares held by his spouse and 92,654 shares held through a 401(K) Plan.

Rhea-AI Summary

Bentley Systems Inc. Chief Legal Officer David R. Shaman reported a tax-withholding disposition of 1,040 shares of Class B Common Stock on August 2, 2026 at a volume weighted average price of $35.68. The shares were withheld by the company to cover taxes due on a scheduled distribution from its Non-Qualified Deferred Compensation Plan. After this event he held 629,346 shares directly, plus additional indirect holdings through Grantor Retained Annuity Trusts, a spouse‑trustee account, and a 401(k) plan; his direct holdings include shares acquired via the Global Employee Stock Purchase Plan for an offering period ended June 30, 2026.

Rhea-AI Summary

Gregory S. Bentley, Executive Chair, President and 10% owner of Bentley Systems, reported equity compensation in the form of 61,037 shares of Class B Common Stock, representing the stock portion of a Bonus Pool Plan payment at $30.1200 per share. To satisfy related tax obligations, 26,698 shares were withheld by the issuer. Reported indirect holdings include 29,155 shares held by his spouse and 92,654 shares held through a 401(k) plan.

Rhea-AI Summary

Bentley Systems Inc. Chief Legal Officer David R. Shaman reported routine equity activity in Class B Common Stock. On July 8, 2026, 704 shares were disposed at $31.65 per share to cover tax liabilities tied to a scheduled distribution from the issuer's Non-Qualified Deferred Compensation Plan, leaving 629,731 shares held directly. Indirect holdings include 32,635 shares via a 401(k) plan, 80,000 shares with the spouse as trustee, and 279,308 shares held by Grantor Retained Annuity Trusts.

Rhea-AI Summary

Bentley Systems' Chief Financial Officer Andre Werner received a grant of 301 shares of Class B Common Stock on account of dividend equivalent rights. The award carried a price of $0.00 per share and accrued in connection with a dividend paid on previously granted awards.

These dividend equivalent rights will vest on the same terms as the underlying awards to which they relate, making this a routine, compensation-related acquisition rather than a market purchase. Following this grant, Werner directly holds 377,169 shares of Class B Common Stock.

Rhea-AI 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.

Rhea-AI Summary

Bentley Systems Inc. director and major shareholder Raymond B. Bentley reported an acquisition of Class B Common Stock tied to existing equity awards. He received 2,076 Class B shares at a price of $0.00 per share as dividend equivalent rights, which vest on the same terms as the underlying awards. Following this grant, he directly holds 14,814,360 Class B shares, with additional indirect holdings of 92,654 shares through a 401(k) plan and 125,000 shares held by his spouse.

Rhea-AI Summary

Bentley Systems Chief Executive Officer Nicholas Cumins received 878 shares of Class B Common Stock as a grant related to existing equity awards. The shares were issued at $0.00 per share as dividend equivalent rights tied to a dividend paid on previously granted awards and will vest on the same terms as those underlying awards. Following this compensation-related acquisition, Cumins directly holds 532,717 shares of Class B Common Stock.

Rhea-AI Summary

Bentley Systems Chief Technology Officer Julien Moutte reported an automatic acquisition of 201 shares of Class B Common Stock. These represent dividend equivalent rights that accrued on previously granted awards after a dividend was paid and will vest on the same terms as the underlying awards. Following this grant, Moutte directly holds 90,367 shares of Class B Common Stock. This is a compensation-related adjustment rather than an open-market purchase or sale.

Rhea-AI Summary

Bentley Systems Chief Operating Officer James K. Lee reported a compensation-related equity accrual rather than an open-market trade. He acquired 466 shares of Class B Common Stock at no cost through dividend equivalent rights that accrued on previously granted awards and will vest on the same terms as those awards. Following this grant, he directly holds 221,414 shares of Class B Common Stock.

Rhea-AI Summary

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

Bentley Systems director Kirk B. Griswold received an award of 86 shares of Class B Common Stock on June 11, 2026. The shares represent dividend equivalent rights that accrued on previously granted awards when Bentley paid a dividend.

These dividend equivalent rights will vest on the same terms as the underlying awards they relate to, so they follow the original vesting schedule rather than vesting immediately. After this grant, Griswold directly holds a total of 468,117 shares of Class B Common Stock.

Rhea-AI Summary

Bentley Keith A. reported acquisition or exercise transactions in this Form 4 filing.

Bentley Systems director Keith A. Bentley received a grant of 1,050 shares of Class B Common Stock on dividend equivalent rights that accrued in connection with a company dividend. The award carried a price of $0.00 per share.

After this grant, he holds 3,844,221 Class B shares directly, plus indirect holdings of 92,654 shares through a 401(k) plan and 12,696,921 shares through Grantor Retained Annuity Trusts.

Rhea-AI Summary

BENTLEY SYSTEMS INC Chief Revenue Officer receives additional equity-based compensation. On June 11, 2026, Brock Ballard acquired 202 shares of Class B Common Stock at $0.00 per share through a grant classified as a dividend-equivalent award. Following this award, he directly holds 94,037 shares of Class B Common Stock. The dividend-equivalent rights will vest on the same terms as the underlying awards to which they relate.

Rhea-AI Summary

Bentley Barry J. reported acquisition or exercise transactions in this Form 4 filing.

Bentley Systems Inc. director and major shareholder Barry J. Bentley reported a small equity-related change in his holdings. He received 3 shares of Class B Common Stock at $0.00 per share as a grant or award, described in the footnote as dividend equivalent rights that accrued in connection with a dividend on previously granted awards and that vest on the same terms as those awards. Following this award, he now holds 11,837,893 shares of Class B Common Stock directly and 92,654 shares indirectly through a 401(k) plan as of the reported date.

Rhea-AI Summary

BENTLEY GREGORY S reported acquisition or exercise transactions in this Form 4 filing.

Bentley Systems Inc. Executive Chair & President Gregory S. Bentley reported an equity compensation change involving the company’s Class B common stock. He received 3,749 Class B shares as dividend equivalent rights that accrued on previously granted awards, with no cash paid per share.

Following this grant, his direct holdings increased to 7,656,508 Class B shares. He also reports indirect holdings of 92,654 shares held through a 401(k) plan and 29,155 shares held by his spouse. These are compensation-related and holding entries, not open-market purchases or sales.

Rhea-AI Summary

Shaman David R. reported acquisition or exercise transactions in this Form 4 filing.

Bentley Systems’ Chief Legal Officer David R. Shaman reported updated holdings of Class B common stock. The filing shows indirect holdings through a 401(k) plan, spouse as trustee, and Grantor Retained Annuity Trusts, plus a direct grant of 620 shares at $0.0000 per share.

The 620-share award represents dividend equivalent rights that accrued from a dividend on previously granted awards and will vest on the same terms as the underlying awards.

Rhea-AI 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.

Rhea-AI Summary

HAUGEN JANET BRUTSCHEA reported acquisition or exercise transactions in this Form 4 filing.

BENTLEY SYSTEMS INC director Janet Brutschea Haugen received a grant of 6,749 shares of Class B Common Stock as compensation for board service. The award was issued at a stated price of $0.00 per share under the company’s Non-Employee Director Compensation Policy upon her reelection to the board.

Following this grant, she directly holds a total of 35,198 shares of Class B Common Stock. This is a compensation-related equity award, not an open-market purchase or sale.

Rhea-AI Summary

Bentley Systems Inc. director Brian F. Hughes received an equity grant as part of his board compensation. On May 21, 2026, he was awarded 6,749 shares of Class B Common Stock at a stated price of $0.00 per share, characterized as a grant/award acquisition rather than an open-market purchase.

Following this award, Hughes directly held 40,500 shares of Class B Common Stock. A footnote explains that the shares represent director compensation under Bentley Systems’ Non-Employee Director Compensation Policy upon his reelection to the board, indicating this is a routine compensation-related transaction.

Rhea-AI Summary

Bentley Systems Chief Legal Officer David R. Shaman reported routine share movements related to tax withholding and indirect holdings in Class B Common Stock. The issuer withheld 5,287 shares at a volume weighted average price of $33.58 to cover taxes due on a scheduled distribution from the company’s Non-Qualified Deferred Compensation Plan.

After this tax-withholding disposition, Shaman directly holds 654,288 Class B shares. He also has indirect interests in 32,635 shares through a 401(k) plan, 55,527 shares held with his spouse as trustee, and 279,308 shares held by Grantor Retained Annuity Trusts.

Rhea-AI Summary

Bentley Systems Inc. executive chair and president Gregory S. Bentley reported routine equity compensation and related tax withholding in Class B Common Stock. He received a grant of 62,032 shares at $32.65 per share as stock compensation under the issuer's Bonus Pool Plan, and 27,133 shares at the same price were withheld by the company to cover taxes on this payment. After these transactions, he holds 7,652,759 Class B shares directly, plus 92,654 shares held through a 401(k) plan and 29,155 shares held by his spouse, all reported as indirect ownership.

Rhea-AI Summary

Bentley Systems Chief Technology Officer Julien Moutte had 3,007 shares of Class B Common Stock withheld on April 1, 2026 to cover taxes due on previously granted awards that vested. This was a tax-withholding disposition, not an open-market sale. After this transaction, he directly holds 90,166 shares of Bentley Systems stock.

Rhea-AI Summary

Bentley Systems Chief Accounting Officer Thomas F. Trimback had 172 shares of Class B Common Stock withheld at $34.76 per share to cover taxes due on the vesting of previously granted equity awards. After this tax-withholding disposition, he directly holds 19,334 Class B shares.

This was not an open-market sale but a routine share withholding to satisfy tax obligations triggered by vesting.

Rhea-AI Summary

Bentley Systems Chief Accounting Officer Thomas F. Trimback received an award of 35 shares of Class B Common Stock on March 19, 2026. The filing explains these are dividend equivalent rights that accrued on previously granted awards and will vest on the same terms as those original awards.

After this acquisition, Trimback directly holds 19,506 shares of Class B Common Stock. This is a routine, compensation-related equity grant rather than an open-market purchase.

Rhea-AI Summary

Moutte Julien reported acquisition or exercise transactions in this Form 4 filing.

Bentley Systems Chief Technology Officer Julien Moutte received a grant of 173 shares of Class B Common Stock on March 19, 2026. The filing classifies this as a grant or award, not an open-market purchase.

According to the footnote, these shares represent dividend equivalent rights that accrued on previously granted awards when the company paid a dividend. They will vest on the same terms as the underlying awards. After this grant, Moutte directly holds a total of 93,173 shares of Class B Common Stock, making this a small, routine increase in his equity-based compensation.

Rhea-AI Summary

Bentley Systems director Kirk B. Griswold reported an award of 70 shares of Class B Common Stock. The shares were granted at a price of $0.00 per share as dividend equivalent rights tied to earlier awards and will vest on the same terms as those original awards.

After this compensation-related acquisition, Griswold directly holds 461,282 shares of Class B Common Stock. This is a routine, non-market transaction rather than an open-market purchase or sale.

Rhea-AI Summary

Bentley Systems Chief Operating Officer James K. Lee reported a small equity-related compensation change. On March 19, 2026, he acquired 375 shares of Class B Common Stock at a stated price of $0.00 per share as a grant or award.

A footnote explains these are dividend equivalent rights that accrued on previously granted awards in connection with a dividend paid by the company, and they will vest on the same terms as the original awards. After this transaction, Lee directly holds 220,948 shares of Class B Common Stock, indicating this is a routine, incremental adjustment to his existing equity position rather than an open-market trade.

Rhea-AI Summary

Bentley Systems’ Chief Executive Officer Nicholas Cumins received 707 shares of Class B Common Stock as a grant at a price of $0.00 per share. According to the footnote, these represent dividend equivalent rights that accrued on previously granted awards and will vest on the same terms as those underlying awards. Following this compensation-related acquisition, Cumins directly holds 531,839 shares of Class B Common Stock, so the new grant is a relatively small addition to his existing position and does not reflect an open-market purchase or sale.

Rhea-AI Summary

Bentley Systems Inc. director and ten-percent owner Raymond B. Bentley received 1,671 shares of Class B common stock as a grant on dividend equivalent rights. The shares were acquired at a stated price of $0.00 per share and are tied to previously granted awards.

According to the filing, Bentley now directly holds 14,812,284 shares of Class B common stock. It also reports indirect holdings of 125,000 shares held by his spouse and 92,654 shares held through a 401(k) plan, all in Class B common stock.

Rhea-AI Summary

Bentley Systems director and 10% owner Keith A. Bentley reported an acquisition of Class B Common Stock tied to existing awards. He received 845 dividend equivalent rights on March 19, 2026 at no cost, reflecting dividends on previously granted awards and vesting on the same terms as those awards. After this grant, he directly holds 3,843,171 Class B shares, and indirectly holds 12,696,921 shares through a Grantor Retained Annuity Trust and 92,654 shares through a 401(k) plan. The filing shows an incremental, compensation-related increase with no share sales.

Rhea-AI Summary

BENTLEY GREGORY S reported acquisition or exercise transactions in this Form 4 filing.

Bentley Systems Inc. executive chair and president Gregory S. Bentley received 3,019 shares of Class B common stock at no cost as a grant or award. A footnote explains these represent dividend equivalent rights that accrued from a dividend on previously granted awards and will vest on the same terms as those underlying awards.

After this award, he directly holds 7,617,860 Class B shares. Additional indirect holdings reported include 29,155 shares held by his spouse and 92,654 shares held by a 401(k) plan.

Rhea-AI Summary

Bentley Systems Chief Financial Officer Andre Werner reported an acquisition of 243 shares of Class B common stock on 2026-03-19. These were granted at no cost as dividend equivalent rights linked to previously granted equity awards.

After this grant, Werner directly holds 376,868 Class B shares. The new rights will vest on the same schedule and terms as the original awards, indicating a routine, compensation-related adjustment rather than an open‑market stock purchase or sale.

Rhea-AI Summary

Bentley Systems Chief Legal Officer David R. Shaman reported an acquisition of 546 shares of Class B Common Stock. The shares were granted at a price of $0.00 per share as dividend equivalent rights that accrued in connection with a dividend on previously granted awards and will vest on the same terms as those awards.

Following this grant, Shaman directly holds 659,575 shares of Class B Common Stock. He also has indirect ownership interests in additional Class B shares held by Grantor Retained Annuity Trusts, by a spouse acting as trustee, and by a 401(k) plan.

Rhea-AI Summary

Bentley Systems director Barry J. Bentley reported a small equity-related acquisition. He received 3 shares of Class B Common Stock at $0.00 per share, described as dividend equivalent rights that accrued in connection with a dividend paid on previously granted awards and that vest on the same terms as those awards.

Following this grant, he holds 11,837,890 Class B shares directly. He also reports 92,654 Class B shares held indirectly through a 401(k) plan. The transaction reflects routine compensation-related adjustments rather than an open‑market purchase or sale.

Rhea-AI Summary

BENTLEY SYSTEMS INC reported that Chief Revenue Officer Brock Ballard acquired 163 shares of Class B Common Stock at a price of $0.00 per share. These shares represent dividend equivalent rights that accrued in connection with a dividend paid on previously granted awards.

The dividend equivalent rights will vest on the same terms as the original awards to which they relate. Following this compensation-related acquisition, Ballard directly holds 93,835 shares of Class B Common Stock, so the new grant is small relative to his overall reported position.

Rhea-AI Summary

Bentley Systems Chief Technology Officer Julien Moutte reported a routine tax-withholding disposition of Class B Common Stock. On the reported date, 431 shares were withheld by the company at an indicated price of $37.88 per share to cover taxes due on previously vested awards. After this non-market transaction, Moutte directly holds 93,000 Class B shares, reflecting continued substantial ownership.