Form 4: Belden Inc. Director Diane D. Brink Acquires Shares Under Long Term Incentive Plan

Diane D. Brink, a director of Belden Inc., acquired 1,554 shares of common stock on May 23, 2024, as part of the company's 2021 Long Term Incentive Plan.

Summary

• On May 23, 2024, Diane D. Brink, a director of Belden Inc., acquired 1,554 shares of common stock.
• The acquisition was a grant of restricted stock under the company's 2021 Long Term Incentive Plan.
• The grant was based on a value of $150,000 divided by the closing price on the grant date, which was $96.51 per share.
• Following the transaction, Brink directly owns 22,027 shares of Belden Inc.
• The restrictions on the shares are generally removed one year after the award date, subject to accelerated removal under certain circumstances.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The director's acquisition of shares indicates confidence in the company. The grant is part of a pre-existing incentive plan, so it's an expected event.

Positives

• The acquisition of shares by a director signals confidence in the company's future.
• The Long Term Incentive Plan aligns the interests of directors with those of shareholders.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of the restricted stock after one year suggests a long-term commitment.

Industry Context

Directors receiving stock grants is a common practice in publicly traded companies to align their interests with shareholders and incentivize long-term performance.

Comparison to Industry Standards

• Stock grants to directors are a standard component of executive compensation packages in publicly traded companies.
• Companies like Amphenol and TE Connectivity also utilize stock-based compensation to align director and shareholder interests.
• The vesting period of one year is fairly standard for restricted stock grants.

Stakeholder Impact

• The stock acquisition by a director can positively influence shareholder confidence.
• The Long Term Incentive Plan can motivate employees and management to improve company performance.

Key Dates