Director Raymond Bentley Notices Sale of 1.5M Class B Shares (~$67.5M)
BSY sits 42% above its 52-week low of $28.077.
Summary
Bentley Systems director Raymond B. Bentley filed notice to sell 1.5 million Class B shares worth about $67.5 million under a 10b5-1 plan adopted March 12, 2026. It is a notice of intent, not a completed sale.
Key Events · Ownership and Investor Activity · BSY
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Director Notices 1.5M-Share Sale
Raymond B. Bentley, a director, filed Form 144 to sell 1,500,000 Class B shares with an approximate market value of $67,500,000, per the filing's calculated data.
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Pre-Scheduled 10b5-1 Plan Sale
The sale is under a Rule 10b5-1 plan adopted 03/12/2026, so timing is pre-set rather than discretionary; the filing reports no sales in the prior three months.
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Follows August Director-Trust Sale
Comes after an August 27, 2026 Form 144 from a director-affiliated trust for 300,000 Class B shares worth about $11.1 million, making this the second sizable director-related notice in roughly two months.
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Notice Only, No Shares Sold Yet
The filing is an intent to sell dated 10/23/2026; no transaction price or proceeds received are reported, and the shares were acquired as compensation shares from the issuer on 05/01/2018.
Analysis · BSY · Technology
A director-affiliated seller has filed intent to sell 1.5 million Class B shares worth roughly $67.5 million—a sizable disposition for a company of this size. Because the sale runs under a 10b5-1 plan adopted March 12, 2026, it is pre-scheduled rather than a reaction to current conditions. Even so, the size puts meaningful supply into the market, and it follows a separate 300,000-share director-trust sale noticed on August 27. No shares have been sold yet; this is a notice of intent, and the filing reports no sales in the prior three months.
How filings like this one have moved
In the 30 days to Oct 23, 2026, 29.4% of the 1556 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.19%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BSY was trading at $39.74 on NASDAQ in the Technology sector, with a market capitalization of approximately $12B. The 52-week trading range was $28.08 to $52.39. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.