Bhadra Hiran 4
4 · BELDEN INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Belden (BDC) EVP Bhadra Hiran Receives 2,674-Share Award
What Happened
Bhadra Hiran, EVP and Chief Innovation Officer of Belden Inc. (BDC), received 2,674 shares on March 2, 2026 as an award/stock distribution (transaction code A). On the same day 352 shares were withheld (transaction code F) to cover tax withholding related to a portion of restricted stock units that vested. Both transactions show an acquisition/disposition price of $0.00 because these were equity awards and tax-withheld shares, not open-market trades.
Key Details
- Transaction date: March 2, 2026 (Form 4 filed Mar 2, 2026; Period of Report: Mar 2, 2026).
- Award: 2,674 shares acquired at $0.00 (award/distribution).
- Tax withholding: 352 shares withheld/disposed at $0.00 to satisfy tax withholding on vested RSUs.
- Footnotes:
- F1: 352 shares withheld were related to RSUs granted Feb 26, 2025 that vested Feb 26, 2026; delivered Mar 2, 2026.
- F3: The 2,674 shares reflect supplemental shares from the company's Stretch Achievement Share Award program (PSU enhancement) tied to 2022–2024 performance and a 2025 EPS achievement of $7.54; the number reported is the after-tax shares delivered.
- F2: Filing also references the balance of shares held in the Belden Retirement Savings Plan as of the filing date.
- Shares owned after the transactions: not specified in this filing.
- Timeliness: filing shows same-day report date; no late filing indicated.
Context
These transactions are award-related (vesting and supplemental PSU distribution) and routine tax withholding—common for executives receiving RSUs/PSUs. This is not an open-market purchase or sale and therefore should not be interpreted as a direct buy/sell signal.
Insider Transaction Report
- Tax Payment
Common Stock Holding
[F1]2026-03-02−352→ 29,058 total - Award
Common Stock Holding
[F3]2026-03-02+2,674→ 31,732 total
- 742.172(indirect: By 401(k))
Common Stock Holding
[F2]
Footnotes (3)
- [F1]Shares withheld for tax purposes related to portion of February 26, 2025 restricted stock unit grant that vested on February 26, 2026. The resulting shares were delivered on March 2, 2026.
- [F2]Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.
- [F3]Pursuant to the Company's Stretch Achievement Share Award program, certain PSUs granted in 2022 and 2023 were subject to enhancement based on company performance from 2022 through 2024 (the "Prior PSUs") and the achievement of an adjusted earnings per share ("EPS") goal in 2025. Based on the Company's 2025 EPS of $7.54, for each share received in 2025 from the vesting and distribution of the Prior PSUs awardees received a supplemental distribution of 0.54 shares, subject to tax withholding. The number in this cell reflects the after-tax number of shares delivered to the Reporting Person on March 2, 2026.