Parks Jeremy E 4

What Happened

• Jeremy E. Parks, EVP and Chief Financial Officer of Belden Inc. (BDC), received 3,337 shares as the result of vested award(s) on March 2, 2026 (transaction code A). Simultaneously, 784 shares were withheld to satisfy tax withholding obligations (transaction code F). Both transactions show $0.00 per-share acquisition/disposition because these were award-related deliveries and tax withholdings, not open-market trades. Net new shares delivered to Mr. Parks on that date were 2,553 (3,337 acquired minus 784 withheld).

Key Details

• Transaction date: March 2, 2026.
• Transactions reported: Award/acquisition of 3,337 shares (A) and tax-withholding disposition of 784 shares (F); both reported at $0.00 per share.
• Net shares received by the reporting person on March 2, 2026: 2,553.
• Footnote highlights:
  • F1: 784 shares were withheld to cover taxes on a restricted stock unit (RSU) grant that vested Feb 26, 2026; delivery occurred March 2, 2026.
  • F3: Certain prior PSUs (2022–2023) received a supplemental distribution (0.54 shares per share) based on 2025 adjusted EPS of $7.54; the reported acquisition number reflects shares delivered after tax withholding.
  • F2: The filing also references shares held in the Belden Retirement Savings Plan (balance shown in the filing).
• Filing timeliness: Report filed on March 2, 2026 (same-day), indicating timely disclosure.

Context

• These were award-related transactions (vesting and supplemental PSU distribution), not open-market buys or discretionary sales. The 784-share "disposition" is a tax withholding — a routine administrative step that does not represent a market sale for cash. Purchases and awards can be more informative about insider compensation and retention, while withholdings are standard.