Andre Werner 4
4 · BENTLEY SYSTEMS INC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Bentley Systems (BSY) CFO Andre Werner Receives Award
What Happened Andre Werner, CFO of Bentley Systems (BSY), was granted 21,706 restricted stock units (RSUs) on March 6, 2026. The award was reported as an "A" (award/grant) on the Form 4 and shows an acquisition price of $0.00 (standard for compensation awards). This is a compensation grant rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-10.
- Grant type/code: A (award/grant) — 21,706 shares; reported price $0.00.
- Vesting: Time‑based RSU award vesting over four years, with one-quarter vesting on each anniversary of the grant (footnote F1).
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Filing timeliness: Form filed on Mar 10, 2026; the report shows no late‑filing flag in the provided data.
Context This is a standard equity compensation grant to an executive and should be viewed as routine company compensation rather than a direct market purchase or sale. Time‑based RSUs typically vest over the stated schedule, so the economic benefit depends on remaining employed and meeting vesting conditions.
Insider Transaction Report
- Award
Class B Common Stock
[F1]2026-03-06+21,706→ 383,224 total
Footnotes (1)
- [F1]Represents a time-based restricted stock unit award granted pursuant to the Issuer's 2020 Omnibus Incentive Plan which vests over four years with one-quarter of such award vesting on each grant date anniversary.