Form 4: Belden Inc. CFO Jeremy Parks Reports Share Transfers in SEC Form 4 Filing

Belden Inc.'s CFO, Jeremy Parks, reported the transfer of 5,633 shares of common stock as part of a domestic property separation agreement in a recent SEC Form 4 filing.

Summary

• Jeremy Parks, the SVP Finance and CFO of Belden Inc., filed a Form 4 with the SEC on January 13, 2025, reporting changes in his beneficial ownership of company stock.
• The filing details the transfer of 5,633 shares of Belden common stock on January 9, 2025, as part of a domestic property separation agreement.
• Additionally, 500 shares were transferred on the same date, also related to the property separation agreement.
• Parks disclaims beneficial ownership of the transferred shares.
• The filing also notes that Parks indirectly owns 934.5663 shares through his spouse's IRA and an unspecified amount through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate a positive or negative sentiment.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company executive, which is a common practice in publicly traded companies.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders across all publicly traded companies.
• The transactions reported are typical for situations involving personal financial matters of executives.

Stakeholder Impact

• The stock transfers do not have a direct impact on shareholders as they are related to a personal matter of the CFO and the shares are not being sold on the open market.

Key Dates

Keywords

SEC Form 4, Beneficial Ownership, Jeremy Parks, Belden Inc., Stock Transfer, Property Separation, CFO, BDC