BDC.NYSEBelden INC

Form 4: Belden Inc. Director Gregory McCray Receives Stock Grant

Sentiment:

Insider Transaction Report


Belden Inc. Director Gregory McCray was granted 1,527 shares of common stock on May 21, 2026, under the company's 2021 Long Term Incentive Plan.

Summary

  • Gregory McCray, a Director at Belden Inc., received a grant of 1,527 shares of common stock on May 21, 2026.
  • This grant was made under the company's 2021 Long Term Incentive Plan.
  • The value of the grant was approximately $160,000, based on the closing price of $104.79 per share on the grant date.
  • Restrictions on these shares are generally lifted one year after the award date, with provisions for accelerated removal in cases of death, disability, or retirement.
  • Following this transaction, McCray beneficially owns 7,111 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard stock grant to a director, which is a routine event and does not provide new financial performance data or strategic shifts.

Positives

  • Director compensation through stock grants indicates alignment of management interests with shareholders.
  • The grant is part of a long-term incentive plan, suggesting a focus on sustained company performance.
  • The vesting schedule and accelerated removal clauses provide incentives for continued service and retention.

Negatives

  • No direct financial performance metrics are presented in this filing, making it difficult to assess the immediate impact on the company's financial health.
  • The filing only details a single transaction for one individual, not a broader company financial update.

Risks

  • The value of the stock grant is subject to market fluctuations, meaning its ultimate worth to the recipient could change.
  • Vesting conditions, while standard, mean the full benefit of the grant is not immediately realized by the recipient.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding the company's financial performance. It solely reports a stock grant to a director.

Management Comments

  • The filing includes a signature by Brian E. Anderson, attorney-in-fact for Gregory J. McCray, indicating the transaction was executed through authorized representation.
  • The Limited Power of Attorney document (EX-24.1) details the authority granted to attorneys-in-fact to execute SEC filings on behalf of the undersigned, including Forms 3, 4, and 5.

Industry Context

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

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Power of Attorney for SEC ReportingGregory J. McCray has granted a Limited Power of Attorney to Brian E. Anderson and Elizabeth Schepers, and any duly appointed Corporate Secretary of Belden Inc., to act on his behalf for SEC reporting purposes, including filing Forms 3, 4, and 5.March 11, 2025Ensures timely and compliant filing of insider transaction reports, delegating administrative and execution responsibilities.

Stakeholder Impact

  • Shareholders: The stock grant aligns director incentives with long-term shareholder value creation, though the immediate impact is minimal.
  • Employees: The existence of a Long Term Incentive Plan signals a broader compensation philosophy that may extend to other employees, fostering retention and performance.
  • Management: The grant serves as a form of compensation and retention for the director.

Next Steps

  • Restrictions on the granted shares will generally be removed one year after the date of award.
  • Accelerated removal of restrictions may occur under circumstances such as death, disability, or retirement.

Key Dates

DateDescription
05/21/2026Date of earliest transaction; Grant date of restricted stock.
03/11/2025Date of execution for the Limited Power of Attorney.
05/26/2026Date of signature on the Form 4 filing.

Keywords

Belden Inc., Form 4, SEC Filing, Stock Grant, Director Compensation, Long Term Incentive Plan, Gregory McCray, BDC, Insider Trading, Equity Award

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