Bentley Systems Inc: The Vanguard Group filed Amendment No. 5 to a Schedule 13G/A reporting that, after an internal realignment, it beneficially owns 0 shares (0%) of Bentley Systems Inc Common Stock as of the filing. The filing states certain Vanguard subsidiaries now report ownership separately in reliance on SEC Release No. 34-39538 and that Vanguard no longer is deemed to beneficially own securities reported by those subsidiaries.
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.
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.
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.
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.
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.
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.
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.
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.
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.