Form 4: Belden Appoints Adel Al-Saleh to Board, Grants RSUs

Belden Inc. announced the appointment of Adel Al-Saleh to its Board of Directors, accompanied by a grant of 2,500 restricted stock units.

Summary

• Adel Al-Saleh was appointed to Belden Inc.'s Board of Directors on November 19, 2025.
• In connection with this appointment, he was granted 2,500 restricted stock units (RSUs).
• The RSUs will vest in equal installments over the first three anniversaries of the grant date.
• Accelerated vesting conditions for the RSUs include death, disability, and retirement.
• Following this transaction, Adel Al-Saleh beneficially owns 2,500 shares of common stock directly.

Sentiment

Score: 6

Explanation: Slightly positive due to the appointment of a new director and the standard equity grant, indicating normal corporate operations and governance.

Positives

• Appointment of Adel Al-Saleh to the Board of Directors, potentially bringing new expertise.
• Grant of 2,500 restricted stock units (RSUs) to the new director, aligning his interests with long-term shareholder value.

Risks

• The reporting person remains solely responsible for compliance with SEC filing requirements under the Exchange Act and Securities Act, including profit disgorgement under Section 16(b).

Future Outlook

The 2,500 restricted stock units granted to Adel Al-Saleh are scheduled to vest in equal installments on the first three anniversaries of the grant date, with provisions for accelerated vesting under specific circumstances such as death, disability, or retirement.

Management Comments

• "The undersigned hereby makes, constitutes and appoints each of Brian E. Anderson and Elizabeth Schepers, and any duly appointed Corporate Secretary of Belden Inc., with full power of substitution and re-substitution, acting individually, as the undersigneds true and lawful attorney-in-fact..." (from the Limited Power of Attorney signed by Adel Al-Saleh).

Industry Context

The appointment of a new director and the grant of restricted stock units (RSUs) as compensation is a standard practice in corporate governance across publicly traded companies. RSUs are commonly used to align the interests of directors with those of shareholders by providing equity-based incentives.

Comparison to Industry Standards

• The grant of restricted stock units (RSUs) to newly appointed directors is a common compensation practice, comparable to similar grants at companies like Cisco Systems or IBM for their non-executive directors, aiming to foster long-term alignment with shareholder value.
• The vesting schedule over three years is typical for director equity awards, similar to practices observed at peer companies in the industrial technology and networking solutions sector, ensuring continued commitment.

Management Changes

Corporate Governance

Stakeholder Impact

• Shareholders: Potentially positive, as a new director brings fresh perspectives and the RSU grant aligns the director's interests with long-term shareholder value.
• Adel Al-Saleh: Positive, as he gains a board position and equity compensation.

Next Steps

• Vesting of 2,500 restricted stock units in equal installments on the first three anniversaries of the grant date (November 19, 2025).

Key Dates

Keywords

Belden Inc., BDC, Adel Al-Saleh, Board of Directors, Director Appointment, Restricted Stock Units, RSUs, Insider Transaction, Form 4, Corporate Governance