Bhadra Hiran 4

What Happened

• Bhadra Hiran, EVP & Chief Innovation Officer of Belden Inc. (BDC), received 2,526 shares as an award (code A) on March 11, 2026. The transaction was reported at $0.00 per share (award), so no purchase price was paid. On the same date, 777 shares were reported as disposed (code F) to satisfy tax withholding obligations; that disposition is also reported at $0.00 per share.

Key Details

• Transaction date(s): March 11, 2026.
• Reported prices: $0.00 per share for both the award (A) and the tax-withholding disposition (F).
• Shares acquired (net delivered): 2,526 shares.
• Shares disposed (tax withholding): 777 shares.
• Shares owned after transaction: Not specified in the filing.
• Relevant footnotes:
  • F1: The 2,526 shares reflect the after-tax delivery from a March 7, 2023 grant of 3,949 performance stock units (PSUs). A 3-year performance period ended and a 1.055 conversion factor produced a gross award of 4,167 shares before withholding.
  • F3: The 777 shares were withheld for tax purposes related to the RSU/PSU vesting; the net shares were delivered March 11, 2026.
  • F2: Notes the filing also references Belden Retirement Savings Plan holdings (balance not provided).
• Timeliness: The Form 4 was filed with a reporting period and filing date of March 11, 2026, indicating the report was filed the same day as the transactions.

Context

• This was an equity award/vesting event (not an open-market buy or sale). The award arose from PSUs granted in 2023 that converted to shares after the performance period; withholding reduced the net shares delivered. Such award-and-withholding filings are routine compensation-related filings and do not by themselves indicate the insider is buying or selling stock on the open market.