BALK LANCE C 4

What Happened

• Lance C. Balk, a director of Belden Inc. (BDC), was granted 1,527 restricted shares on May 21, 2026. The grant was reported at $0.00 per share (award), valued at about $160,000 based on the May 21, 2026 close of $104.79 per share. The restricted shares generally vest (restrictions removed) one year after the award date, subject to accelerated vesting for death, disability, or retirement.

Key Details

• Transaction type: Award/Grant of restricted stock (Form 4 code A)
• Date of grant: May 21, 2026; Filing date: May 26, 2026 (appears to be one business day late vs. the usual 2-business-day Form 4 deadline)
• Shares granted: 1,527; Reported value: ~$160,000 (derived from closing price $104.79 on grant date)
• Acquisition price reported: $0.00 (typical for restricted stock awards)
• Shares owned after transaction: Not specified in the filing
• Relevant footnotes:
  • F1: Grant under the 2021 Long Term Incentive Plan; vesting generally after one year, with certain accelerated removal conditions.
  • F2: Reporting person includes 6,625 shares held in trust for adult children and disclaims beneficial ownership of those shares.
  • F3: Reporting person disclaims beneficial ownership of certain shares beyond his pecuniary interest due to lack of intent to control voting/disposition.

Context

• This was an equity award (compensation), not an open-market purchase or sale—such grants are common for directors and reflect compensation rather than a direct market sentiment trade. The award vests over time (one year typical), so it does not represent immediate selling or buying pressure.