Trimback Thomas F 4
Research Summary
AI-generated summary
Bentley Systems (BSY) Chief Accounting Officer Receives Award — 3,982 RSUs
What Happened
Thomas F. Trimback, Chief Accounting Officer of Bentley Systems, was granted 3,982 restricted stock units (RSUs) on 2026-03-06. The transaction is reported as an award (code A) with an acquisition price of $0.00, indicating a grant rather than a purchase or sale.
Key Details
- Transaction date: 2026-03-06; Filing date: 2026-03-10 (filed within the normal two business‑day window).
- Grant: 3,982 shares; reported price: $0.00 (award).
- Shares owned after the transaction: not specified in the filing.
- Footnote: F1 — These are time‑based RSUs under the Issuer’s 2020 Omnibus Incentive Plan that vest over four years, with one‑quarter vesting on each anniversary of the grant.
- No indication of a 10b5-1 plan, cashless exercise, tax‑withholding sale, or gift in this filing.
Context
RSU grants are a standard form of executive compensation and represent future equity compensation subject to vesting, not an immediate cash investment or sale. Because these RSUs vest over time, they do not necessarily signal immediate insider buying or selling intentions.