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.
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.
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.
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.
Bentley Systems Chief Legal Officer David R. Shaman reported a routine tax-related share disposition. On March 17, 2026, 984 shares of Class B common stock were withheld by the company at $37.88 per share to cover taxes due upon vesting of previously granted awards.
After this withholding, Shaman held 659,029 Class B shares directly. He also reported indirect holdings of 279,308 shares through grantor retained annuity trusts, 55,527 shares with his spouse as trustee, and 32,635 shares through a 401(k) plan.
BENTLEY SYSTEMS INC Chief Revenue Officer Brock Ballard had 293 shares of Class B common stock withheld at $37.88 per share to cover taxes due on previously vested equity awards. After this tax-withholding disposition, he directly holds 93,672 shares of Class B common stock.
Bentley Systems Chief Financial Officer Andre Werner reported a routine tax-related share disposition. On March 17, 2026, 1,503 shares of Class B common stock were withheld by the company at $37.88 per share to cover taxes due upon vesting of prior equity awards. After this withholding, Werner directly owned 376,625 shares, indicating he retains a substantial equity stake and that the transaction reflects compensation-related tax obligations rather than an open-market sale.
BENTLEY SYSTEMS INC chief executive officer Nicholas Cumins reported a routine tax-related share disposition. On this Form 4, 2,430 shares of Class B Common Stock were withheld by the company at $37.88 per share to cover taxes due on previously vested awards, rather than being sold in the open market. After this withholding, Cumins continues to hold 531,132 shares directly.
Bentley Systems Chief Executive Officer Nicholas Cumins reported a routine tax-related share disposition. On the vesting of previously granted awards, the company withheld 6,626 shares of Class B common stock at $38.19 per share to cover his tax obligations. After this withholding, Cumins directly holds 533,562 Class B shares, indicating he retains a substantial equity stake in the company.
Bentley Systems Chief Technology Officer Julien Moutte reported a routine tax-related share transaction. On the vesting of previously granted awards, 4,978 shares of Class B common stock were withheld by the company to cover his tax obligations at a price of $38.19 per share. After this tax-withholding disposition, Moutte directly holds 93,431 shares of Bentley Systems stock. This event reflects compensation-related tax settlement rather than an open-market sale or purchase.