Bentley Systems’ Chief Operating Officer James K. Lee reported a routine tax-related share withholding. On the reported date, 747 shares of Class B common stock were withheld by the company to cover taxes due upon vesting of previously granted awards, not sold in the open market. Following this tax-withholding disposition, Lee directly holds 220,573 shares, indicating he retains a substantial equity position in Bentley Systems.
Bentley Systems Chief Legal Officer David R. Shaman reported a routine tax-withholding transaction in Class B Common Stock. On this date, 4,587 shares were withheld by the company at $38.19 per share to cover taxes due upon vesting of prior equity awards.
After this withholding, he directly owned 660,013 Class B shares. He also had indirect holdings reported as 279,308 shares through Grantor Retained Annuity Trusts, 55,527 shares via a spouse as trustee, and 32,635 shares in a 401(k) plan.
Bentley Systems Chief Revenue Officer Brock Ballard reported a routine tax-related share disposition. On the vesting of previously granted awards, 4,147 shares of Class B common stock were withheld by Bentley Systems to cover his tax obligations at a price of $38.19 per share.
After this withholding, Ballard directly holds 93,965 Class B shares, indicating the event reflects compensation-related tax settlement rather than an open-market sale.
Bentley Systems Chief Financial Officer Andre Werner reported a routine tax-related share disposition. On the vesting of previously granted awards, the company withheld 5,096 shares of Class B Common Stock at $38.19 per share to cover his tax obligations, as noted in the footnote. After this withholding, Werner directly holds 378,128 Class B shares, indicating he maintains a substantial equity position in the company. This event reflects tax withholding mechanics rather than an open-market sale.
Bentley Systems Inc Chief Accounting Officer Thomas F. Trimback reported a small share disposition related to taxes, not an open-market trade. On March 13, 2026, 451 shares of Class B Common Stock were withheld by the company at $38.19 per share to cover tax obligations on previously vested awards. After this tax-withholding transaction, Trimback directly holds 19,471 shares of Class B Common Stock, indicating this was a routine compensation-related event rather than a discretionary stock sale.
Bentley Systems Inc director and large shareholder Raymond B. Bentley reported a bona fide gift of 250,000 shares of Class B Common Stock on March 12, 2026, at a stated price of $0.00 per share. After this disposition, he directly holds 14,810,613 Class B shares, with additional indirect holdings of 125,000 shares held by his spouse and 92,654 shares held through a 401(k) plan.
Bentley Systems Executive Chair & President Gregory S. Bentley reported an open-market sale of 100 shares of Class B Common Stock at $40.01 per share. According to the filing, these shares were distributed from the company’s Non-Qualified Deferred Compensation Plan in January 2026 and sold under a pre-arranged Rule 10b5-1 trading plan adopted on December 10, 2024.
After this transaction, he directly holds 7,614,841 Class B shares and has additional indirect holdings of 29,155 shares through his spouse and 92,654 shares through a 401(k) plan.
Lee James K reported acquisition or exercise transactions in this Form 4 filing.
Bentley Systems Chief Operating Officer James K. Lee reported two equity compensation grants of Class B Common Stock. He received 36,297 shares as a time-based restricted stock unit award under the Career Stock Program, vesting on December 15, 2030. He also received 12,607 shares as a time-based restricted stock unit award under the 2020 Omnibus Incentive Plan, vesting over four years with one-quarter vesting on each anniversary of the grant date. These awards are recorded at a price of $0.00 per share, reflecting their nature as compensation rather than open-market purchases.
Moutte Julien reported acquisition or exercise transactions in this Form 4 filing.
Bentley Systems Chief Technology Officer Julien Moutte received a grant of 20,493 shares of Class B common stock in the form of time-based restricted stock units under the company’s 2020 Omnibus Incentive Plan. These units vest over four years, with one-quarter vesting on each anniversary of the grant date, bringing his direct holdings to 98,409 shares.
Cumins Nicholas reported acquisition or exercise transactions in this Form 4 filing.
Bentley Systems Chief Executive Officer Nicholas Cumins received two equity awards of Class B Common Stock as part of his compensation. He was granted 74,839 time-based restricted stock units under the Career Stock Program that vest on December 15, 2030, and 28,107 time-based restricted stock units under the 2020 Omnibus Incentive Plan that vest in four equal annual installments on each grant date anniversary. Following these grants, he directly owns a total of 540,188 shares of Class B Common Stock.