Griswold Kirk B. 4
4 · BENTLEY SYSTEMS INC · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Bentley (BSY) Director Kirk B. Griswold Receives 70-Share Award
What Happened
Kirk B. Griswold, a director of Bentley Systems, received an award of 70 shares (transaction code A) on March 19, 2026. The shares were reported as acquired at $0.00 — these represent dividend-equivalent rights that accrued on previously granted awards and vest on the same terms as those awards. This is an awarded/credited issuance (compensation-related), not a market purchase or sale.
Key Details
- Transaction date: 2026-03-19; Form 4 filed: 2026-03-23 (filed on time under the two-business-day rule).
- Transaction type/code: A (Award/Grant) — 70 shares acquired at $0.00; aggregate price reported $0.
- Footnote: Dividend-equivalent rights that accrued in connection with a dividend on previously granted awards and vest on the same terms as those awards.
- Shares owned after transaction: Not specified in the provided extract.
Context
Awards for directors often reflect compensation or dividend-equivalent credits tied to existing equity awards rather than an active buy or sell decision. Because this was a non-cash award, it does not directly signal a personal cash investment by the insider.
Insider Transaction Report
- Award
Class B Common Stock
[F1]2026-03-19+70→ 461,282 total
Footnotes (1)
- [F1]Represents dividend equivalent rights that accrued to the Reporting Person in connection with a dividend paid by the Issuer on awards previously granted and vest on the same terms as the awards to which they relate.