Form 4: Belden Inc. Director Judy L. Brown Reports Acquisition of Common Stock

Director Judy L. Brown reports the acquisition of 1,554 shares of Belden Inc. common stock through a restricted stock grant.

Summary

• On May 23, 2024, Judy L. Brown, 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, Brown beneficially owns 30,567 shares of Belden Inc. common stock.
• Brian E. Anderson, acting as attorney-in-fact, signed the report on May 28, 2024.
• A Limited Power of Attorney document, executed on May 28, 2015, authorizes Brian E. Anderson to act on behalf of Judy L. Brown for SEC reporting obligations.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director, which doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The restrictions associated with 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

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings of company directors and officers.

Comparison to Industry Standards

• Insider transactions are a common occurrence in publicly traded companies like Belden Inc.
• Companies such as Amphenol, TE Connectivity, and Corning also have similar insider transaction reporting requirements.
• The reporting of these transactions is governed by Section 16(a) of the Securities Exchange Act of 1934, ensuring transparency and preventing insider trading.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.

Key Dates