Bentley Systems Director Departs; Executive Compensation Details
Ticker: BSY · Form: 8-K · Filed: Sep 6, 2024 · CIK: 1031308
| Field | Detail |
|---|---|
| Company | Bentley Systems Inc (BSY) |
| Form Type | 8-K |
| Filed Date | Sep 6, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $0.06 |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-departure, executive-compensation, corporate-governance
Related Tickers: BSY
TL;DR
McCarvel out at Bentley Systems, exec comp details filed.
AI Summary
Bentley Systems, Inc. announced on September 5, 2024, the departure of director Michael J. McCarvel. The company also reported on compensatory arrangements for its named executive officers and other events, with the filing date being September 6, 2024.
Why It Matters
The departure of a director can signal changes in board strategy or governance, while details on executive compensation provide insight into how the company incentivizes its top leadership.
Risk Assessment
Risk Level: low — This filing primarily concerns director departure and executive compensation, which are routine corporate events and do not indicate immediate financial distress or significant operational shifts.
Key Players & Entities
- Bentley Systems, Inc. (company) — Registrant
- Michael J. McCarvel (person) — Departing Director
- September 5, 2024 (date) — Date of earliest event reported
- September 6, 2024 (date) — Filing date
FAQ
Who is the departing director from Bentley Systems, Inc.?
Michael J. McCarvel is the director who has departed from Bentley Systems, Inc.
What is the exact date of the earliest event reported in this 8-K filing?
The earliest event reported is dated September 5, 2024.
What is the filing date for this 8-K report?
The filing date for this 8-K report is September 6, 2024.
What are the main topics covered in this 8-K filing?
This filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, and other events.
In which state was Bentley Systems, Inc. incorporated?
Bentley Systems, Inc. was incorporated in Delaware.
Filing Stats: 643 words · 3 min read · ~2 pages · Grade level 10.7 · Accepted 2024-09-06 16:11:12
Key Financial Figures
- $0.01 — which registered Class B Common Stock, $0.01 Par Value BSY The Nasdaq Stock Market L
- $0.06 — any announced that its Board declared a $0.06 per share dividend for the third quarte
Filing Documents
- bsy-20240905.htm (8-K) — 28KB
- bsydeclares24q3dividend.htm (EX-99.1) — 6KB
- image_0a.jpg (GRAPHIC) — 29KB
- 0001031308-24-000010.txt ( ) — 196KB
- bsy-20240905.xsd (EX-101.SCH) — 2KB
- bsy-20240905_lab.xml (EX-101.LAB) — 21KB
- bsy-20240905_pre.xml (EX-101.PRE) — 12KB
- bsy-20240905_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On September 5, 2024, the Company announced that its Board declared a $0.06 per share dividend for the third quarter of 2024. The cash dividend will be payable on September 26, 2024 to all stockholders of record of Class A and Class B common stock as of the close of business on September 17, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press release dated September 5, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Bentley Systems, Incorporated Date: September 6, 2024 By: /s/ D AVID R. S HAMAN Name: David R. Shaman Title: Chief Legal Officer and Secretary