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 1,093 shares of Belden Inc. common stock at a price of $95.50 on May 29, 2024.
Summary
- On May 29, 2024, Jonathan C. Klein, a director of Belden Inc., sold 1,093 shares of the company's common stock.
- The sale price was $95.50 per share.
- Following the transaction, Klein directly owns 13,704 shares of Belden Inc. common stock.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of a transaction by a company insider. Such filings are common and provide transparency to the market regarding the trading activities of company executives and directors.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 2015-08-14 | Date of execution for the Limited Power of Attorney, granting Brian E. Anderson authority for Section 16 reporting obligations. |
| 2024-05-29 | Date of the transaction: Jonathan C. Klein sold 1,093 shares of Belden Inc. common stock. |
| 2024-05-29 | Date of report. |
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