Form 4: Belden Director Diane D. Brink Receives $150,000 Restricted Stock Grant

Belden Inc. Director Diane D. Brink was granted 1,385 shares of restricted common stock on May 22, 2025, as part of the company's 2021 Long Term Incentive Plan.

Summary

• Diane D. Brink, a Director of Belden Inc. (BDC), received a grant of 1,385 shares of common stock on May 22, 2025.
• This grant was made under the Company's 2021 Long Term Incentive Plan.
• The value of the grant was $150,000, calculated based on the closing price of $108.27 per share on the grant date.
• The restrictions on these shares are generally removed one year after the award date, with accelerated removal possible under specific conditions such as death, disability, or retirement.
• Following this transaction, Diane D. Brink beneficially owns a total of 23,412 shares of Belden Inc. common stock.
• A Limited Power of Attorney, executed on March 11, 2025, authorizes Brian E. Anderson and Elizabeth Schepers to file SEC reports on behalf of Diane D. Brink.

Sentiment

Score: 6

Explanation: The grant of restricted stock to a director is a positive event as it aligns interests, but it's a routine compensation item rather than a significant operational or financial announcement. The Power of Attorney is a standard governance document.

Positives

• The grant of restricted stock aligns the director's interests with those of shareholders, promoting long-term value creation.
• The transaction is part of a pre-existing 2021 Long Term Incentive Plan, indicating a structured approach to executive and director compensation.
• The shares are subject to a one-year vesting period, encouraging continued service and performance.

Negatives

• The transaction is a grant of restricted stock, not a direct purchase, meaning no new capital was invested by the director.
• The shares are restricted for a period, limiting immediate liquidity for the director.

Risks

• The Limited Power of Attorney explicitly states that it does not relieve the undersigned from responsibility for compliance with obligations under the Exchange Act or Securities Act, including reporting requirements under Section 16. This highlights the ongoing personal responsibility for regulatory compliance despite delegation.

Future Outlook

The restricted shares granted are generally subject to a one-year vesting period from the award date, with potential for accelerated vesting under specific conditions such as death, disability, or retirement.

Management Comments

• The document includes a signature by Brian E. Anderson, attorney-in-fact for Diane D. Brink, confirming the filing of the Form 4.

Industry Context

This Form 4 filing represents a routine insider transaction related to director compensation, which is a common practice across industries to align management and director interests with shareholder value. It does not reflect broader industry trends or competitive dynamics.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant of restricted stock to a director aligns their interests with shareholders, potentially fostering a focus on long-term company performance and value creation.
• Management/Directors: The grant serves as a form of equity compensation, incentivizing continued service and performance, and the Power of Attorney facilitates compliance with regulatory reporting requirements.

Next Steps

• The restricted shares granted on May 22, 2025, are expected to vest approximately one year from the grant date, subject to the terms of the 2021 Long Term Incentive Plan.

Key Dates

Keywords

Belden Inc., BDC, Form 4, Restricted Stock Grant, Insider Transaction, Director Compensation, Long Term Incentive Plan, Equity Compensation, SEC Filing, Corporate Governance