Chand Ashish 4
4 · BELDEN INC. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Belden (BDC) CEO Chand Ashish Receives Stock Award; Shares Withheld
What Happened
Chand Ashish, President & CEO and a director of Belden Inc. (BDC), received an award of 10,898 shares on March 11, 2026 (reported as acquisition code A, $0.00 per share). On the same date 6,053 shares were reported as disposed (code F) to satisfy tax withholding obligations; both transactions were reported on the Form 4 filed March 11, 2026.
Key Details
- Transaction date: March 11, 2026. Reported prices: $0.00 per share (award/grant and tax-withheld disposition).
- Awarded shares: 10,898 (grant/award). Shares withheld for taxes: 6,053.
- Footnote highlights:
- F1: A March 7, 2023 performance stock unit (PSU) grant of 22,435 converted with a 1.055 factor to 23,669 shares; the filing notes an after‑tax number was delivered on March 11, 2026.
- F3: The 6,053 withheld shares relate to tax withholding on RSUs that vested March 7, 2026; resulting shares were delivered March 11, 2026.
- F2: Indicates the balance of Belden shares held in the company retirement savings plan as of the filing date.
- The filing does not list a total beneficial ownership number for Mr. Ashish in the transaction table; the retirement plan balance is noted separately (see F2).
- Filing timeliness: Reported and filed on March 11, 2026 (same day).
Context
This Form 4 reflects routine equity compensation and related tax withholding (codes A and F). Footnotes show the award ties back to a 2023 PSU grant that vested/converted after the performance period and to RSUs that vested in March 2026. Such awards and the withholding of shares to cover taxes are common and do not by themselves indicate the insider’s market view.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-11+10,898→ 168,526 total - Tax Payment
Common Stock
[F3]2026-03-11−6,053→ 162,473 total
- 1,243.922(indirect: By 401(k))
Common Stock
[F2]
Footnotes (3)
- [F1]On March 7, 2023, the Reporting Person received a grant of 22,435 performance stock units ("PSUs"). Following the three-year performance period, a conversion factor of 1.055 was approved by the Company's Compensation Committee and applied to the PSUs, resulting in an award of 23,669 shares, subject to tax withholding. The number in this cell reflects the after-tax number of shares delivered to the Reporting Person on March 11, 2026.
- [F2]Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.
- [F3]Shares withheld for tax purposes related to portion of March 7, 2023 restricted stock unit grant that vested on March 7, 2026. The resulting shares were delivered on March 11, 2026.