{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-127361","form_type":"8-K","ticker":"BSY","cik":"0001031308","company_name":"BENTLEY SYSTEMS INC","filed_at":"2022-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.320006+00:00","generated_at":"2026-06-21T03:52:42.427633+00:00","sec_items":["1.01","8.01","2.03","5.02","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bentley Systems expands repurchase program to include convertible notes, amends credit facility","bullets":["Board amended BSY Stock Repurchase Program to allow repurchase of convertible senior notes due 2026/2027; $200M limit unchanged.","Fifth Amendment to credit facility permits up to $75M/year in restricted prepayments/repurchases of subordinated/convertible debt.","Unlimited debt repurchases allowed if Net Senior Secured Leverage Ratio is below 2.75 to 1.00.","Approves retirement vesting policy for equity awards (age+service >=75) applicable to awards held by Gus Bergsma and future awards."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-127361","json":"https://secwatch.observer/filing/0001104659-22-127361.json","markdown":"https://secwatch.observer/filing/0001104659-22-127361.md","text":"https://secwatch.observer/filing/0001104659-22-127361.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1031308/000110465922127361/0001104659-22-127361-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1031308/000110465922127361/tm2232657d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T03:52:42.427633+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}