Andre Werner 4
4 · BENTLEY SYSTEMS INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Bentley Systems (BSY) CFO Andre Werner Withholds 5,096 Shares for Taxes
What Happened
- Andre Werner, Chief Financial Officer of Bentley Systems (BSY), had 5,096 shares withheld by the company to cover taxes due upon vesting. The filing shows the shares were valued at $38.19 each, totaling $194,616 (reported as a disposition under code F).
Key Details
- Transaction date: 2026-03-13; Filing date: 2026-03-17 (filed within the standard two-business-day Form 4 window).
- Price reported: $38.19 per share; Total value reported: $194,616.
- Shares withheld/disposed: 5,096.
- Footnote: F1 — shares were withheld by the issuer to cover taxes due upon vesting of previously granted awards.
- Post-transaction holdings: not specified in the provided filing excerpt.
Context
- This was a tax-withholding disposition (code F), a routine administrative action when equity awards vest. It is not an open-market sale and should not be read as a directional bet by the insider.
Insider Transaction Report
Form 4
Andre Werner
Chief Financial Officer
Transactions
- Tax Payment
Class B Common Stock
[F1]2026-03-13$38.19/sh−5,096$194,616→ 378,128 total
Footnotes (1)
- [F1]Represents shares withheld by the Issuer to cover taxes due by the Reporting Person upon the vesting of awards previously granted to the Reporting Person.
Signature
/s/ Michael T. Fischette, Attorney-in-Fact|2026-03-17