Andre Werner 4

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.