Bhadra Hiran 4

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.