Bentley Systems (BSY) 10% Owner Gregory S. Bentley Gifts 984 Shares

What Happened
Gregory S. Bentley, reported as a 10% owner of Bentley Systems, disclosed two gift transactions on Aug 12, 2026, disposing a total of 984 shares. The transfers were coded as gifts (G): 703 shares and 281 shares. No proceeds were reported for these transfers (price reported as $0.00), since they were gifts rather than sales.

Key Details

• Transaction date: 2026-08-12 (reported on Form 4 filed 2026-08-14).
• Transaction type/code: Gift (G).
• Share amounts: 703 shares and 281 shares — total 984 shares gifted.
• Reported price/proceeds: $0.00 (gifts).
• Shares owned after transaction: Not specified in this Form 4.
• Footnotes/plans: Filing does not reference a 10b5-1 plan or other special arrangements; no tax-withholding or similar codes were reported.
• Filing timeliness: Form 4 was filed two days after the transaction date; the filing itself does not indicate a late status.

Context
Gifts are transfers of shares and do not generate cash proceeds for the insider; they are not a direct buy/sell signal about views on the company’s stock price. As a reported 10% owner, Gregory Bentley is a significant shareholder rather than (necessarily) an operational executive, and transfers by large shareholders can reflect estate planning or personal matters rather than trading for profit.