Ballard Brock 4
4 · BENTLEY SYSTEMS INC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Bentley Systems (BSY) CRO Brock Ballard Receives RSU Award
What Happened Brock Ballard, Chief Revenue Officer of Bentley Systems (BSY), was granted 19,769 restricted stock units (RSUs) on 2026-03-06. The award was reported as acquired at $0.00 (standard for RSU grants) and represents compensation rather than an open‑market purchase or sale. The RSUs vest over four years with one-quarter vesting on each anniversary of the grant.
Key Details
- Transaction date and type: 2026-03-06 — Grant/Award (code A)
- Shares/units granted: 19,769 RSUs; acquisition price reported $0.00
- Vesting: Time-based RSU award vesting over four years, 25% each grant anniversary (footnote F1)
- Shares owned after transaction: Not specified in this filing
- Filing: Report filed 2026-03-10 — appears to be timely (within the standard two business‑day reporting window)
Context RSU grants are a form of compensation and do not indicate an immediate cash investment or sale by the insider. They are routine for executives and align long‑term incentives with shareholder value; they should be interpreted differently from open‑market purchases (which can be a more direct bullish signal) or sales.
Insider Transaction Report
- Award
Class B Common Stock
[F1]2026-03-06+19,769→ 98,112 total
Footnotes (1)
- [F1]Represents a time-based restricted stock unit award granted pursuant to the Issuer's 2020 Omnibus Incentive Plan which vests over four years with one-quarter of such award vesting on each grant date anniversary.