Marie Therese Verdugo Bentley filed an amended Schedule 13G on November 13, 2026, disclosing beneficial ownership of 25,091,940 shares of Bentley Systems, Incorporated Class B Common Stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Marie Therese Verdugo Bentley reported 25,091,940 shares of Class B Common Stock beneficially owned.
  • Percent of class: The 25,091,940 shares represent 8.62% of Class B Common Stock outstanding as of September 30, 2026.
  • Sole vs. shared power: The filing attributes 24,776,238 shares to sole voting and dispositive power, and 315,702 shares to shared voting and dispositive power.
  • Shares outstanding basis: The 8.62% figure is based on 290,923,096 shares of Class B Common Stock outstanding as of September 30, 2026, as disclosed in the issuer's Proxy Statement filed November 5, 2026.
  • Class A context: According to the filing, there were 11,515,127 shares of Class A Common Stock outstanding as of September 30, 2026, with each Class A share entitled to 29 votes versus one vote per Class B share.
  • Adjusted voting power: The filing states that after accounting for the 29-to-1 vote power of Class A shares and assuming conversion to Class B, the reporting person holds sole or shared voting power over 4.0% and sole or shared dispositive power over 8.3% of the issuer's common stock.

Verdugo Bentley's Class B Holdings in Bentley Systems as of September 30, 2026

Marie Therese Verdugo Bentley submitted Amendment No. 1 to Schedule 13G with the Securities and Exchange Commission on November 13, 2026, covering Class B Common Stock (CUSIP 08265T208) of Bentley Systems, Incorporated, whose principal executive offices are located at 685 Stockton Drive, Exton, PA 19341. The event triggering the filing is dated September 30, 2026, and the reporting person is identified as a United States citizen filing as an individual.

According to the filing, the 25,091,940 shares beneficially owned consist of common stock held directly by family trusts of which the reporting person is Trustee, plus 315,702 shares of Class B Common Stock held jointly with her spouse. The filing notes that the reporting person "disclaims beneficial ownership of any other shares of Class B common stock beneficially owned by her spouse." The reporting person's address is listed as c/o Bentley Systems, Incorporated, 685 Stockton Drive, Exton, Pennsylvania 19341.

The filing explains that the 8.62% ownership percentage is calculated against 290,923,096 Class B shares outstanding as of September 30, 2026, a figure sourced from the issuer's Schedule 14A Proxy Statement filed November 5, 2026. The filing further notes that the percentage reported excludes the Class A Common Stock. When factoring in the 29-to-1 voting advantage of Class A shares and assuming conversion of all Class A stock to Class B, the reporting person's effective voting interest falls to 4.0%, while the dispositive interest on the same basis is 8.3%, as stated in the filing.

What Was Disclosed

Marie Therese Verdugo Bentley disclosed beneficial ownership of 25,091,940 shares of Bentley Systems Class B Common Stock, equal to 8.62% of that class, via an amended Schedule 13G filed November 13, 2026, with a triggering event date of September 30, 2026.