Nicholas Cumins, Chief Executive Officer and director of Bentley Systems, Inc. (BSY), received 387 Class B common shares on 09/30/2025. These shares are described as dividend equivalent rights that accrued in connection with a company dividend on previously granted awards and will vest on the same terms as the underlying awards. After this transaction, the reporting person beneficially owns 439,789 Class B shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 10/02/2025. No exercise price or cash consideration was reported for the acquired shares.
Kirk B. Griswold, a director of Bentley Systems, Inc. (BSY), reported a non‑derivative acquisition on 09/30/2025 of 68 Class B common shares. These shares represent dividend‑equivalent rights that accrued in connection with a dividend on previously granted awards and vest on the same terms as those awards. The shares were received at a reported price of $0.00, and the filing shows the reporting person beneficially owns 461,127 Class B shares following the transaction. The Form 4 was signed via attorney‑in‑fact Michael T. Fischette on 10/02/2025.
Bentley Systems insider Julien Moutte, the company's Chief Technology Officer, reported acquiring 58 shares of Class B Common Stock on 09/30/2025 at a reported price of $0.00. The filing states these 58 shares represent dividend-equivalent rights that will vest on the same terms as the related awards. After the reported transaction, the reporting person beneficially owns 68,903 shares of Class B common stock. The filing also discloses that this total includes shares purchased through the Bentley Global Employee Stock Purchase Plan for the offering period ended June 30, 2025, for which enrollment and contribution elections were made in December 2024. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person on 10/02/2025.
James K. Lee, Chief Operating Officer of Bentley Systems, Inc. (BSY), reported acquiring 211 shares of Class B common stock on 09/30/2025 at a recorded price of $0.00. The filing states these shares represent dividend equivalent rights that accrued in connection with a dividend on previously granted awards and that they vest on the same terms as the underlying awards. After the transaction, the reporting person beneficially owned 172,192 shares. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Gregory S. Bentley, Executive Chair & President and a 10% owner of Bentley Systems, reported an acquisition on 09/30/2025 of 3,185 Class B Common Stock shares. The filing states these shares represent dividend equivalent rights that accrued on previously granted awards and vest on the same terms as those awards; the reported price is $0.00. After the transaction, the form shows 7,583,621 Class B shares beneficially owned directly by the reporting person, plus 29,155 shares held indirectly by spouse and 92,654 held indirectly in a 401(k) plan. The form was signed on behalf of the reporting person by an attorney-in-fact on 10/02/2025.
Bentley Systems reporting person David R. Shaman, Chief Legal Officer, received 367 Class B shares on 09/30/2025 as dividend-equivalent rights that vested on the same terms as the underlying awards. The filing shows these shares were issued at a price of $0.00 and increased Mr. Shaman's direct beneficial ownership to 639,690 Class B shares. Additional indirect holdings include 279,308 shares in Grantor Retained Annuity Trusts, 55,527 held by a spouse trustee, and 32,635 held through a 401(k) plan.
Bentley Systems, Inc. (BSY) reporting person Bentley Barry J., identified as a Director and 10% owner, reported a transaction dated 09/30/2025. The Form 4 shows the acquisition of 4 Class B Common Stock units at a price of $0.00, described as dividend equivalent rights that accrued and vest on the same terms as the underlying awards. After the reported transaction, the reporting person beneficially owned 11,838,253 Class B shares. The filing also discloses 92,654 Class B shares held indirectly through a 401(k) plan. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Ballard Brock, Chief Revenue Officer of Bentley Systems, Inc. (BSY), reported a non-derivative acquisition on 09/30/2025. The filing shows 64 shares of Class B Common Stock were acquired at a $0.00 price as dividend equivalent rights that vest on the same terms as the underlying awards. After the reported transactions, Mr. Brock beneficially owns 68,723 shares of Class B common stock. The filing also states the total includes shares purchased through the company’s Global Employee Stock Purchase Plan for the offering period ended 06/30/2025. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Bentley Systems director and 10% owner Barry J. Bentley reported a non-derivative sale on 09/02/2025. The filing shows Code G for the transaction and discloses disposition of 110,000 shares of Class B common stock with a reported price of $0.00. After the reported transaction, the reporting person beneficially owned 11,838,249 Class B shares directly and held an additional 92,654 indirectly through a 401(k) plan.
Bentley Systems insider sale: Gregory S. Bentley, Executive Chair & President and a director who is also a >10% owner, reported a sale of 37,160 Class B common shares on 09/02/2025 at a reported price of $54.8325 per share. After the transaction the filing shows 7,580,436 shares beneficially owned directly. The report also discloses 29,155 shares indirectly held by his spouse and 92,654 shares indirectly held through a 401(k) plan. The filing states the sale was a private sale to a family trust to satisfy a prior obligation. The Form 4 was signed by an attorney-in-fact on 09/04/2025.