Bentley Systems Director Sells Over $18 Million in Class B Common Stock
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| Reporter Name | Bentley Raymond B. |
| Relationship | Director, 10% Owner |
| Type | Sell |
| Amount | $18,836,978 |
| SEC Filing | Form 4 |
Raymond B. Bentley, a 10% owner and director of Bentley Systems, sold 371,803 shares of Class B Common Stock through transactions on June 18 and June 20, 2025, totaling $18,836,978. The sales were executed at weighted average prices of $50.6432, $50.9806, and $50.6995, indicating multiple transactions at varying prices. Following these transactions, Bentley directly owns 15,347,424 shares and indirectly owns 92,654 shares through a 401(K) Plan. These sales were conducted under a Rule 10b5-1 trading plan adopted on March 13, 2025.
SEC Filing: BENTLEY SYSTEMS INC [ BSY ] - Form 4 - Jun. 23, 2025