Michael M. Campbell - 17 Sep 2024 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
17 Sep 2024
Net transactions value
-$44,850
Form type
4
Filing time
19 Sep 2024, 16:16:07 UTC
Previous filing
19 Sep 2024
Next filing
30 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Sale $44,850 -897 -1.3% $50.00 70,053 17 Sep 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2024.