Bentley Keith A. 4

What Happened Keith A. Bentley, a reported 10% owner of Bentley Systems, received an award/acquisition of 1,050 shares on June 11, 2026. The Form 4 reports the acquisition at $0.00 per share (total reported value $0) — these are dividend-equivalent rights that accrued in connection with a company dividend and vest on the same terms as the related awards. This was an award/accrual, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-11; Filing date: 2026-06-15.
• Transaction type/code: A — Grant, award or other acquisition.
• Shares acquired: 1,050 shares at $0.00 per share; reported total value $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: These represent dividend equivalent rights that accrued due to a company dividend and vest on the same schedule as the original awards.
• No indication in the excerpt that the filing was late; filing reports the transaction four days after the transaction date.

Context Dividend-equivalent awards are adjustments tied to dividends on previously granted awards and generally reflect distributions or accruals rather than a new cash purchase. Such awards typically do not by themselves signal a buy/sell decision by the insider. As a 10% owner, Keith Bentley is a large shareholder; this transaction documents an equity-related accrual rather than an open-market trade.