BENTLEY GREGORY S 4

What Happened
Gregory S. Bentley, reported as a 10% owner of Bentley Systems (BSY), sold 100 shares on March 10, 2026 at $40.01 per share, generating proceeds of about $4,001. The sale was an open market or private sale and is a disposition (S) rather than a purchase.

Key Details

• Transaction date and price: 2026-03-10 — 100 shares at $40.01 each (total ≈ $4,001).
• Filing date: Form 4 filed 2026-03-12 (filed two days after the reported transaction, within typical Form 4 deadline).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The shares sold were distributed from the issuer’s Non-Qualified Deferred Compensation Plan in January 2026 and the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2024.

Context
This was a small, pre-arranged sale under a 10b5-1 plan (commonly used to schedule trades in advance) and involved shares from a deferred compensation distribution — factors that often indicate the trade was planned rather than an ad hoc signal about company prospects. As a sale by a 10% owner, it’s factual insider activity but the filing details (10b5-1 and plan-distributed shares) reduce the strength of any inference about immediate insider sentiment.