Lee James K 4

What Happened

• James K. Lee, Chief Operating Officer of Bentley Systems Inc. (BSY), was granted 466 shares on 2026-06-11. The shares were reported at $0.00 per share (total reported value $0) because they represent dividend-equivalent rights rather than a cash purchase.

Key Details

• Transaction date: 2026-06-11; Form 4 filed: 2026-06-15 (timely; within SEC two-business-day window).
• Transaction type: Award/Acquisition (code A) — 466 shares acquired at $0.00.
• Reported value: $0 (dividend-equivalent award, not a cash purchase).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: These are dividend equivalent rights that accrued in connection with a company dividend on previously granted awards and will vest on the same terms as the underlying awards.

Context

• This was an award of dividend-equivalent shares (a non-cash compensation event), not an open-market purchase or sale. Such grants are typically administrative and do not necessarily signal a change in insider sentiment.