Form 4: Belden Inc. Director Jonathan C. Klein Reports Sale of Common Stock
SEC Form 4 Filing
Director Jonathan C. Klein reported the sale of 1,607 shares of Belden Inc. common stock at a price of $97.289 per share on June 12, 2024.
Summary
- On June 12, 2024, Jonathan C. Klein, a director of Belden Inc., sold 1,607 shares of the company's common stock.
- The sale price was $97.289 per share.
- Following the transaction, Klein directly owns 12,097 shares of Belden Inc. common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- Klein has granted Brian E. Anderson a Limited Power of Attorney for Section 16 reporting obligations.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) trade in the company's securities. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by a director could be perceived in various ways by stakeholders, but in isolation, it's unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 2015/08/14 | Date of execution of Limited Power of Attorney for Section 16 Reporting Obligations. |
| 2024/06/12 | Date of stock sale transaction. |
| 2024/06/14 | Date of signature on the Form 4 filing. |
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