Chand Ashish 4

What Happened
Chand Ashish, President & CEO and a director of Belden Inc. (BDC), received a grant of 25,032 restricted stock units (RSUs) on February 25, 2026. The Form 4 reports the acquisition as an award (code A) with an acquisition price of $0 — RSUs are contingent equity awards that convert to shares only as they vest, not an immediate cash purchase.

Key Details

• Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (timely filing).
• Award: 25,032 RSUs; reported acquisition price $0.
• Vesting: 25% on Feb 25, 2027; 25% on Feb 25, 2028; 50% on Feb 25, 2029 (see footnote F1). Additional terms apply on termination, death, disability or retirement.
• Shares owned after transaction: not explicitly quantified in this filing (footnote F2 references balance held in the Belden Retirement Savings Plan but does not give a total here).
• Transaction code: A (award/grant of RSUs).

Context
RSUs are deferred compensation that will convert to actual shares if and when they vest; they are not an immediate market purchase or sale. Grants to executives are common as part of pay and retention programs and should be viewed as part of compensation alignment rather than a direct market bet. Retail investors tracking insider activity may note this as management receiving equity incentives, but it does not itself indicate insider buying or selling of existing shares.