BENTLEY GREGORY S 4

What Happened
Gregory S. Bentley, a reported 10% owner of Bentley Systems (BSY), was granted 3,749 shares on June 11, 2026. The shares are reported at $0.00 per share (aggregate value $0) and are described as dividend equivalent rights that accrued in connection with a dividend and vest on the same terms as the related awards. This was an award/grant transaction (code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-11; Form 4 filed 2026-06-15 (filed within the normal reporting window).
• Transaction: Award/Grant (A) — 3,749 shares acquired at $0.00 each (aggregate $0).
• Shares owned after transaction: Not reported in the provided filing.
• Footnote: F1 — these are dividend equivalent rights that accrued due to a dividend and vest on the same terms as the underlying awards.
• No indication of a 10b5-1 plan, sale, exercise, gift, or tax withholding in the provided details.

Context
This transaction represents compensation‑type award credits (dividend equivalents) rather than a purchase or sale, so it should not be read as a market‑directional trade. As a 10% owner, Mr. Bentley is a significant holder, but award grants are typically administrative/compensation events reflecting company policies rather than immediate insider buying or selling.