Moutte Julien 4

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.