BENTLEY SYSTEMS INC·4

Mar 23, 4:20 PM ET

Moutte Julien 4

4 · BENTLEY SYSTEMS INC · Filed Mar 23, 2026

Research Summary

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Bentley Systems (BSY) CTO Julien Moutte Receives 173-Share Award

What Happened
Julien Moutte, Chief Technology Officer of Bentley Systems (BSY), received an award of 173 shares on March 19, 2026. The shares were acquired at $0.00 (total reported value $0) and are described as dividend-equivalent rights that vested on the same terms as the underlying awards.

Key Details

  • Transaction date: 2026-03-19; Filing date (Form 4): 2026-03-23. The filing occurred four days after the transaction—investors may want to note timeliness relative to SEC reporting rules.
  • Transaction type/code: A (Award/Grant/Other acquisition).
  • Shares acquired: 173 at $0.00 each (total $0).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: F1 — these are dividend-equivalent rights that accrued in connection with a dividend and vest on the same terms as the related awards.

Context
This was an award (not a market purchase or sale). Dividend-equivalent awards are typically compensatory and do not necessarily indicate the insider is buying or selling the company stock; they reflect payout/vesting mechanics tied to existing awards.

Insider Transaction Report

Form 4
Period: 2026-03-19
Moutte Julien
Chief Technology Officer
Transactions
  • Award

    Class B Common Stock

    [F1]
    2026-03-19+17393,173 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.
Signature
/s/ Michael T. Fischette, Attorney-in-Fact|2026-03-23

Documents

1 file
  • 4
    tm268358-32_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT