Bentley Barry J. 4
Research Summary
AI-generated summary
Bentley Systems (BSY) 10% Owner Barry J. Bentley Receives Award
What Happened
- Barry J. Bentley, reported as a 10% owner of Bentley Systems (BSY), received an award of 3 shares on 2026-06-11. The filing lists the acquisition price as $0.00, so the reported dollar value of this grant is $0. This transaction is recorded as an award/acquisition (code A) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-11; Filing date: 2026-06-15 (no late-filing indicator shown in the provided data).
- Transaction type: Award/acquisition (A) of 3 shares at $0.00 per share (total reported value $0).
- Shares owned after transaction: Not specified in the provided filing information.
- Footnote: The 3 shares represent dividend equivalent rights that accrued in connection with a company dividend on previously granted awards and vest on the same terms as those awards (see footnote F1).
- Insider status: Reporting person is a 10% owner (significant shareholder), not an open-market trader.
Context
- This was an award/settlement of dividend-equivalent rights tied to prior equity awards, not a purchase or sale in the market. Such awards are typically routine administrative vesting events and do not necessarily signal a change in the insider’s market view.