Moutte Julien 4

What Happened

• Julien Moutte, Chief Technology Officer of Bentley Systems (BSY), was granted 20,493 restricted stock units (RSUs) on 2026-03-06. The Form 4 reports an acquisition at $0.00 per share (typical for RSU grants), so the transaction value is reported as $0. These RSUs are time‑based and subject to vesting rather than an open‑market purchase.

Key Details

• Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (filed within the two business‑day reporting window).
• Reported acquisition: 20,493 RSUs at $0.00 per share (transaction code A = award/grant).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Represents a time‑based RSU award under the Issuer’s 2020 Omnibus Incentive Plan that vests over four years, with one‑quarter vesting on each grant‑date anniversary.

Context

• RSU grants are a form of compensation and do not represent an immediate open‑market purchase — the units typically convert to company stock only as they vest and any applicable tax withholding is handled per plan rules. Such awards are common for executives and are primarily a retention and incentive tool rather than a direct signal of buying or selling.