Trimback Thomas F 4

What Happened

Thomas F. Trimback, Chief Accounting Officer of Bentley Systems (BSY), had 451 shares withheld by the issuer to cover tax obligations tied to previously vested awards. The shares were valued at $38.19 each, for a total disposition of $17,224. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-13
• Filing date (Form 4): 2026-03-17 (reporting/accession: 0001104659-26-029470)
• Shares withheld/disposed: 451 shares at $38.19 each — total $17,224
• Transaction code: F (shares withheld to cover taxes upon vesting) — see footnote F1
• Shares owned following transaction: not reported in the provided filing excerpt
• Footnote: F1 states the issuer withheld shares to satisfy taxes due upon vesting of previously granted awards

Context

This is a routine tax-withholding event tied to the vesting of equity awards, not an opportunistic open-market sale. Such withholdings are common and do not necessarily signal insider sentiment about the company’s stock.