Ballard Brock 4

What Happened Brock Ballard, Chief Revenue Officer of Bentley Systems (BSY), was granted 19,769 restricted stock units (RSUs) on 2026-03-06. The award was reported as acquired at $0.00 (standard for RSU grants) and represents compensation rather than an open‑market purchase or sale. The RSUs vest over four years with one-quarter vesting on each anniversary of the grant.

Key Details

• Transaction date and type: 2026-03-06 — Grant/Award (code A)
• Shares/units granted: 19,769 RSUs; acquisition price reported $0.00
• Vesting: Time-based RSU award vesting over four years, 25% each grant anniversary (footnote F1)
• Shares owned after transaction: Not specified in this filing
• Filing: Report filed 2026-03-10 — appears to be timely (within the standard two business‑day reporting window)

Context RSU grants are a form of compensation and do not indicate an immediate cash investment or sale by the insider. They are routine for executives and align long‑term incentives with shareholder value; they should be interpreted differently from open‑market purchases (which can be a more direct bullish signal) or sales.