Ballard Brock 4
4 · BENTLEY SYSTEMS INC · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Bentley Systems (BSY) CRO Ballard Brock Receives 163 Shares
What Happened
- Ballard Brock, Chief Revenue Officer of Bentley Systems (BSY), was granted/credited 163 shares on 2026-03-19. The reported acquisition price is $0.00, indicating these are award/dividend-equivalent rights rather than a market purchase.
Key Details
- Transaction type: Award/Grant (code A).
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (timely filing).
- Price: $0.00 per share; total reported cash outlay $0.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: These 163 shares represent dividend equivalent rights that accrued in connection with a dividend on previously granted awards and vest on the same terms as those underlying awards.
Context
- Awards and dividend-equivalent credits (acquisitions at $0) are routine compensation items for executives and do not represent an open-market purchase or sale. They provide no direct indication of the insider buying or selling stock in the market.
Insider Transaction Report
Form 4
Ballard Brock
Chief Revenue Officer
Transactions
- Award
Class B Common Stock
[F1]2026-03-19+163→ 93,835 total
Footnotes (1)
- [F1]Represents dividend equivalent rights that accrued to the Reporting Person in connection with a dividend paid by the Issuer on awards previously granted and vest on the same terms as the awards to which they relate.
Signature
/s/ Michael T. Fischette, Attorney-in-Fact|2026-03-23