BELDEN INC.·4

Mar 11, 1:37 PM ET

Anderson Brian Edward 4

Research Summary

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Belden (BDC) EVP Brian Anderson Receives Stock Award

What Happened
Brian Edward Anderson, Executive Vice President and Chief Legal Officer of Belden Inc. (BDC), received an equity award that resulted in 3,234 shares being delivered to him on March 11, 2026 (recorded at $0.00). The filing also shows 1,207 shares were disposed/withheld to satisfy tax withholding obligations (also recorded at $0.00). The awards derive from a March 7, 2023 performance stock unit (PSU) grant that converted with a 1.055 factor to 5,781 shares before withholding, per the filing footnotes.

Key Details

  • Transaction date(s): March 11, 2026 (award delivery and tax withholding).
  • Transaction codes: A (award/acquisition of 3,234 shares at $0.00) and F (shares withheld/disposed for taxes: 1,207 shares at $0.00).
  • Footnotes: F1 explains the original PSU grant (5,479 PSUs → 5,781 shares after conversion) and that the filing shows the after-tax shares delivered; F3 notes shares withheld for tax purposes related to vested restricted stock units; F2 refers to Belden Retirement Savings Plan balance (ownership detail).
  • Shares owned after the transaction: Not specified in the excerpt; see F2 for the reported balance in the company retirement plan as of this filing.
  • Filing timeliness: Reported on March 11, 2026 (same date as the transactions), indicating a timely Form 4.

Context
This was an equity award/vesting event (not an open‑market purchase or sale). Shares were withheld to cover taxes (a common cashless withholding practice), so the net shares delivered to the insider are reflected on the Form 4. Awards and tax-withholding entries are routine compensation administration and do not, by themselves, indicate the insider’s view of the stock.