Tate Leah 4
Research Summary
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Belden (BDC) EVP Leah Tate Receives 2,440 Shares; 335 Withheld
What Happened Leah Tate, Executive Vice President & Chief People/Strategy Officer at Belden Inc. (BDC), received 2,440 shares as equity awards (code A) and had 335 shares withheld/disposed for tax purposes (code F). Both transactions were reported on 2026-03-02. The reported share prices for these transactions are $0.00 (awards and withholding), so no cash changed hands in the filing.
Key Details
- Transaction dates: March 2, 2026 (reported for events tied to prior vesting).
- Transactions: 2,440 shares acquired (Award/Grant, code A); 335 shares disposed/withheld for taxes (code F).
- Price: $0.00 per share for both entries (non-cash award and tax withholding).
- Shares owned after transaction: total holdings not specified in the filing. (Footnote F3 notes a Belden Retirement Savings Plan balance was reported in the filing, but no total ownership number is provided here.)
- Notable footnotes:
- F1: 335 shares were withheld to satisfy tax withholding related to a restricted stock unit grant that vested Feb 26, 2026; shares delivered Mar 2, 2026.
- F2: 2,440 reflects supplemental shares from the Company’s Stretch Achievement Share Award program (PSU enhancement tied to 2022–2024 performance and a 2025 EPS goal). The number shown is the after-tax shares delivered on Mar 2, 2026.
- F3: Indicates reporting of shares held in the Belden Retirement Savings Plan as of this filing date.
- Timeliness: Filing covers transactions on 2026-03-02 and was filed on 2026-03-02 (no late filing indicated).
Context
- These entries are award-related and tax-withholding events, not open-market buys or sales. Award receipts (A) are routine compensation events for executives; the withholding (F) simply covers taxes owed on vested shares.
- The supplemental distribution stems from Belden’s PSU enhancement tied to corporate EPS performance; it increased the number of shares delivered to awardees based on 2025 EPS results.
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