Bentley Systems (BSY) COO James K. Lee Receives 402-Share Award

What Happened James K. Lee, Chief Operating Officer of Bentley Systems (BSY), was granted 402 shares on September 29, 2026. The award is reported as an acquisition (code A) at $0.00 per share (total $0) because these are compensation-related awards rather than an open-market purchase. This type of grant is a routine equity compensation event rather than a direct purchase or sale.

Key Details

• Transaction date: 2026-09-29; Price reported: $0.00 per share; Quantity: 402 shares (award)
• Filing date: 2026-10-01 — appears to be filed within the typical two-business-day window
• Shares owned after transaction: Not specified in the provided excerpt of the Form 4
• Footnotes:
  • F1 — These 402 shares represent dividend equivalent rights that accrued in connection with a dividend and vest on the same terms as the related awards.
  • F2 — Total adjusted to correct dividend equivalent rights incorrectly included in prior reports
• Transaction code: A (award/grant)

Context Dividend equivalent rights simply credit the holder with the value of dividends on underlying awards and typically vest under the same schedule as those awards. Grants like this are standard executive compensation and do not, by themselves, indicate buying or selling sentiment in the open market.