Ballard Brock 4
Research Summary
AI-generated summary
Bentley Systems (BSY) CRO Ballard Brock Receives 163 Shares
What Happened
- Ballard Brock, Chief Revenue Officer of Bentley Systems (BSY), was granted/credited 163 shares on 2026-03-19. The reported acquisition price is $0.00, indicating these are award/dividend-equivalent rights rather than a market purchase.
Key Details
- Transaction type: Award/Grant (code A).
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (timely filing).
- Price: $0.00 per share; total reported cash outlay $0.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: These 163 shares represent dividend equivalent rights that accrued in connection with a dividend on previously granted awards and vest on the same terms as those underlying awards.
Context
- Awards and dividend-equivalent credits (acquisitions at $0) are routine compensation items for executives and do not represent an open-market purchase or sale. They provide no direct indication of the insider buying or selling stock in the market.