Bentley Systems, Incorporated officer Werner Andre filed a Form 144 notice of proposed sale on November 6, 2026, covering 10,000 shares of Class B Common stock on NASDAQ.

Key Highlights

  • Proposed seller: Werner Andre, an officer of Bentley Systems, Incorporated
  • Shares proposed for sale: 10,000 shares of Class B Common stock
  • Aggregate market value: $450,000.00
  • Shares outstanding: 290,923,096 shares of Class B Common stock
  • Acquisition: 10,000 shares acquired on March 13, 2024 via Performance Stock Units from the issuer, with payment listed as services rendered
  • Approximate sale date: November 6, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services
  • Prior three-month sales: Nothing to report

Werner Andre's Proposed Class B Common Stock Sale at Bentley Systems

According to the Form 144 filing dated November 6, 2026, Werner Andre, identified as an officer of Bentley Systems, Incorporated (NASDAQ:BSY), disclosed a proposed sale of 10,000 shares of the company's Class B Common stock. The aggregate market value of the proposed sale is listed as $450,000.00. The filing names Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the broker through which the sale is proposed to be executed.

The filing discloses that the 10,000 shares were acquired on March 13, 2024, through a Performance Stock Units transaction from the issuer, with the nature of payment listed as "Services Rendered." The date of payment is also recorded as March 13, 2024. As of the filing date, the total number of Class B Common shares outstanding is reported as 290,923,096.

The filing states that there are no sales of Bentley Systems securities to report by Andre during the three months preceding this notice. The notice also includes a representation by the signer that he "does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed," as stated in the standard Form 144 attestation language. Bentley Systems is headquartered at 685 Stockton Drive, Exton, Pennsylvania 19341.

What Was Disclosed

A Form 144 notice filed November 6, 2026 disclosed that Bentley Systems officer Werner Andre proposes to sell 10,000 Class B Common shares, valued at $450,000.00 in aggregate, originally acquired as Performance Stock Units on March 13, 2024.