Director Keith A. Bentley filed a Form 144 notice on November 10, 2026, disclosing a proposed sale of 350,000 shares of Bentley Systems Inc. Class B common stock on NASDAQ under a Rule 10b5-1 plan.

Key Highlights

  • Proposed sale: 350,000 shares of Class B common stock, with an aggregate market value of $17,767,740.00, according to the filing.
  • Approximate sale date: November 10, 2026, through broker The Charles Schwab Corporation.
  • Shares outstanding: The filing reports 290,923,096 Class B shares outstanding.
  • Acquisition details: The 350,000 shares were acquired on July 3, 2024, as compensation shares from the issuer.
  • 10b5-1 plan: The filing states a Rule 10b5-1 plan or instruction was adopted on August 10, 2026.
  • Prior three-month sales: The filing reports nothing to disclose for securities sold during the past three months.

Bentley Systems Director Discloses Proposed Class B Stock Sale Under Rule 10b5-1

According to the Form 144 filing submitted to the SEC, Keith A. Bentley, identified as a director of Bentley Systems Inc. (NASDAQ:BSY), has given notice of a proposed sale of 350,000 shares of the company's Class B common stock. The filing lists The Charles Schwab Corporation, located at 3000 Schwab Way, Westlake, Texas 76262, as the named broker for the transaction. The aggregate market value of the shares to be sold is listed in the filing as $17,767,740.00.

The filing states that the 350,000 shares were acquired on July 3, 2024, through a compensation shares transaction from the issuer, with payment dated July 3, 2024, described as "NA" in nature. The filing indicates that a Rule 10b5-1 plan or instruction was adopted on August 10, 2026, and the notice of proposed sale is dated November 10, 2026. The signing of the notice carries a representation, as described in the filing, that the seller does not know of any material adverse information regarding the current and prospective operations of the issuer that has not been publicly disclosed.

The filing reports 290,923,096 Class B shares outstanding at the time of notice and shows no securities of the issuer sold by the reporting person during the three months preceding this filing.

What Was Disclosed

Director Keith A. Bentley filed notice of a proposed sale of 350,000 Bentley Systems Class B shares, valued at $17,767,740.00, to be executed through Charles Schwab, under a 10b5-1 plan adopted August 10, 2026.