BENTLEY GREGORY S 4

What Happened
Gregory S. Bentley, a reported 10% owner of Bentley Systems, received 3,019 shares on March 19, 2026 as an award/other acquisition. The shares were recorded at $0.00 per share (total value $0) — these represent dividend-equivalent rights that accrued and v est on the same terms as the underlying awards.

Key Details

• Transaction date: 2026-03-19; Transaction type/code: A (grant/award or other acquisition)
• Price per share reported: $0.00; Total reported value: $0
• Shares owned after transaction: not specified in the filing provided
• Footnote: F1 — these are dividend-equivalent rights that accrued in connection with a dividend and vest on the same terms as the related awards
• Filing: Form 4 filed 2026-03-23 (filed within the two-business-day reporting window)

Context
This was an award of dividend-equivalent shares to a large (10%) owner, not an open-market purchase or sale. Such dividend-equivalent receipts are typically administrative adjustments tied to prior awards and do not necessarily signal new buying or selling intent.