BENTLEY SYSTEMS INC·4

Mar 19, 4:20 PM ET

Moutte Julien 4

4 · BENTLEY SYSTEMS INC · Filed Mar 19, 2026

Research Summary

AI-generated summary of this filing

Updated

Bentley Systems (BSY) CTO Julien Moutte Withholds 431 Shares for Taxes

What Happened

  • Julien Moutte, Chief Technology Officer of Bentley Systems (BSY), had 431 shares withheld by the company on March 17, 2026 to cover taxes due upon the vesting of previously granted awards. The withholding price was $37.88 per share, totaling approximately $16,326.

Key Details

  • Transaction date & price: 2026-03-17 at $37.88 per share.
  • Shares withheld/disposed: 431 shares; total value ≈ $16,326.
  • Transaction code: F — shares withheld to cover taxes on vested awards (Footnote F1).
  • Filing: Report filed 2026-03-19 for the 2026-03-17 transaction (no late-filing indication in the provided excerpt).
  • Shares owned after the transaction: not specified in the provided filing excerpt.

Context

  • This was a tax-withholding/cashless settlement of vested equity, not an open-market sale. Such withholdings are routine administrative actions to satisfy tax liabilities and do not necessarily signal insider sentiment about the company.

Insider Transaction Report

Form 4
Period: 2026-03-17
Moutte Julien
Chief Technology Officer
Transactions
  • Tax Payment

    Class B Common Stock

    [F1]
    2026-03-17$37.88/sh431$16,32693,000 total
Footnotes (1)
  • [F1]Represents shares withheld by the Issuer to cover taxes due by the Reporting Person upon the vesting of awards previously granted to the Reporting Person.
Signature
/s/ Michael T. Fischette, Attorney-in-Fact|2026-03-19

Documents

1 file
  • 4
    tm268358-21_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT