Insider Kirk B. Griswold Files Form 4 for Bentley Systems

TL;DR

**Kirk B. Griswold filed a Form 4 for Bentley Systems, signaling potential insider ownership changes.**

AI Summary

This Form 4 filing indicates that Kirk B. Griswold, a reporting insider, has filed a statement of changes in beneficial ownership of securities for Bentley Systems Inc. (BSY) on March 23, 2026, for a period ending March 19, 2026. While the filing itself doesn't detail specific transactions, it signals that an insider's holdings may have changed, which is important for investors as insider activity can sometimes hint at future company performance or management's confidence. Investors should monitor subsequent filings or the full document to understand the nature of any transactions (e.g., buys or sells) and their potential impact on BSY's stock.

Why It Matters

Insider filings like this can signal management's confidence (or lack thereof) in the company's future, influencing investor sentiment and potentially the stock price.

Risk Assessment

Risk Level: low — This filing is merely a notification of potential changes in insider ownership, not an inherently risky event itself.

Analyst Insight

A smart investor would look for the full document to determine if Griswold Kirk B. bought or sold shares, and the quantity, to assess the implications for Bentley Systems Inc. (BSY).

Key Players & Entities

• Griswold Kirk B. (person) — Reporting insider
• Bentley Systems Inc (company) — Issuer of securities
• 0001825243 (person) — CIK of Griswold Kirk B.
• 0001031308 (company) — CIK of Bentley Systems Inc

FAQ

Filing Documents

• tm268358-31_4seq1.html (4)
• tm268358-31_4seq1.xml (4) — 3KB
• 0001104659-26-033336.txt ( ) — 5KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Griswold Kirk B. (Last) (First) (Middle) C/O BENTLEY SYSTEMS, INCORPORATED 685 STOCKTON DRIVE (Street) EXTON PENNSYLVANIA 19341 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol BENTLEY SYSTEMS INC [ BSY ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below) 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/19/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class B Common Stock 03/19/2026 A (1) 70 A $ 0.00 461,282 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: 1. 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. /s/ Michael T. Fischette, Attorney-in-Fact 03/23/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)

View Full Filing

View this 4 filing on SEC EDGAR