Form 4: Belden Inc. Director Granted Restricted Stock

Belden Inc. director Vivie Lee received a grant of 1,527 restricted shares under the company's 2021 Long Term Incentive Plan.

Summary

• Vivie Lee, a Director at Belden Inc., was granted 1,527 shares of common stock on May 21, 2026.
• This grant is part of the company's 2021 Long Term Incentive Plan.
• The value of the grant was determined to be $160,000, based on a closing price of $104.79 per share on the grant date.
• Restrictions on these shares typically lapse one year after the award date, with provisions for accelerated vesting in cases of death, disability, or retirement.
• The filing also includes a Limited Power of Attorney, appointing Brian E. Anderson and Elizabeth Schepers to act on behalf of Vivie Lee for SEC reporting purposes.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it represents a standard equity grant to a director rather than a significant financial event or strategic shift.

Positives

• Director compensation through equity awards can align management interests with shareholder value.
• The grant is part of a long-term incentive plan, suggesting a focus on sustained performance.
• Vesting provisions tied to continued service and specific life events are standard and generally viewed positively.

Negatives

• No specific financial performance metrics are detailed in relation to this grant.
• The value of the grant is based on a historical stock price, and its future value is subject to market fluctuations.

Risks

• The value of the restricted stock is subject to the company's stock price performance, which could decline.
• Vesting is contingent on continued service, meaning a departure before vesting would result in forfeiture of the award.
• The power of attorney document indicates potential for future filings related to stock transactions, which could be influenced by market conditions.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding future financial performance. The primary forward-looking aspect relates to the vesting of the restricted stock, which is generally one year after the award date but subject to acceleration under certain conditions.

Management Comments

• The grant of restricted stock is made under the Company's 2021 Long Term Incentive Plan.
• Restrictions on the shares are generally removed one year after the date of award, but are subject to accelerated removal under certain circumstances, including death, disability and retirement.

Industry Context

StockSavvy.ai notes that equity grants to directors are a common practice across the technology and industrial sectors, including companies like Belden Inc., to incentivize long-term commitment and align executive interests with shareholder returns.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant aligns director incentives with long-term company performance, potentially benefiting shareholders if the stock price appreciates.
• Employees: The existence of a Long Term Incentive Plan indicates a broader framework for employee and executive compensation, though this specific grant is for a director.
• Management: Reinforces the alignment of director interests with the company's strategic goals and stock performance.

Next Steps

• Vesting of restricted stock shares, generally one year after the award date (May 21, 2026).
• Potential accelerated vesting of shares under circumstances of death, disability, or retirement.
• Ongoing SEC reporting obligations for Vivie Lee regarding her beneficial ownership of Belden Inc. securities.

Key Dates

Keywords

Belden Inc., BDC, Form 4, Restricted Stock, Long Term Incentive Plan, Director Compensation, Insider Trading, SEC Filing, Equity Award, Vivie Lee