Form 8-K - Current report
November 17 2023 - 3:15PM
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): November 17, 2023
BENTLEY SYSTEMS, INCORPORATED
(Exact name of registrant as specified in its charter)
Delaware |
001-39548 |
95-3936623 |
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
|
|
|
685 Stockton Drive |
|
|
Exton, Pennsylvania |
|
19341 |
(Address of principal executive offices) |
|
(Zip Code) |
Registrant’s
telephone number, including area code: (610) 458-5000
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
|
Trading Symbol |
|
Name of each exchange on which registered |
Class B common stock, par value $0.01 per share |
|
BSY |
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The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01 Other Events.
On November 17, 2023, Bentley Systems, Incorporated
announced that its Board of Directors declared a $0.05 per share dividend for the fourth quarter of 2023. The cash dividend will be payable
on December 14, 2023 to all stockholders of record of Class A and Class B common stock as of the close of business on December 4,
2023. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Bentley Systems, Incorporated |
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Date: November 17, 2023 |
By: |
/s/ DAVID R. SHAMAN |
|
Name: |
David R. Shaman |
|
Title: |
Chief Legal Officer and Secretary |
Exhibit 99.1
Press Release
BSY Investor
Contact:
Eric Boyer
Investor Relations
Officer
ir@bentley.com
Bentley Systems, Incorporated Declares
Fourth Quarter 2023 Dividend
EXTON, Pa. – Nov. 17, 2023 – Bentley Systems, Incorporated
(Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.05 per
share dividend for the fourth quarter of 2023. The cash dividend is payable on December 14, 2023 to all stockholders of record of
Class A and Class B common stock as of the close of business on December 4, 2023.
About Bentley Systems
Bentley Systems (Nasdaq: BSY) is the infrastructure engineering
software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy
and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction,
and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining,
and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation
and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley
Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise
for asset operations. Bentley Systems’ 5,000 colleagues generate annual revenues of more than $1 billion in 194 countries.
For more
information, visit www.bentley.com.
This press release contains statements that are not historical in
nature and that are intended to be, and are hereby identified as, “forward looking statements” as defined in the Private
Securities Litigation Reform Act of 1995, including a statement regarding expectations as to payment of a quarterly cash dividend in
the foreseeable future. Any future determination as to payment of dividends will depend upon the financial condition and results of operations
of the company and such other factors as are deemed relevant by the board of directors. For example, macroeconomic conditions, pandemic
consequences, a change in business needs including working capital, or a change in income tax law relating to dividends, could cause
the company to decide not to pay a dividend in the future. A discussion of other risks and uncertainties is included in the company’s
filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2022, and subsequent filings.
© 2023 Bentley Systems, Incorporated. Bentley, the Bentley
logo, Bentley Infrastructure Cloud, Bentley Open, AssetWise, iTwin, MicroStation, ProjectWise, Seequent, and SYNCHRO are either registered
or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries.
All other brands and product names are trademarks of their respective owners.
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