Form 4: Belden Inc. Director Receives Stock Grant
Statement of Changes in Beneficial Ownership
Belden Inc. director Jonathan C. Klein was granted 1,527 shares of common stock under the company's Long Term Incentive Plan.
Summary
- Jonathan C. Klein, 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 based on $160,000 divided by the closing price on the grant date, which was $104.79 per share.
- Restrictions on these shares generally lapse one year after the award date, with provisions for accelerated vesting in cases of death, disability, or retirement.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard stock grant to a director and does not contain significant financial performance updates or strategic shifts.
Positives
- Director compensation through stock grants aligns management interests with shareholders.
- The grant under the 2021 Long Term Incentive Plan suggests a continued focus on long-term performance and retention.
- Vesting provisions include accelerated removal for events like death, disability, and retirement, which is a standard and positive practice.
Risks
- The value of the stock grant is subject to market fluctuations, and its actual worth may change before restrictions are lifted.
- The filing does not detail specific performance metrics tied to the vesting of these restricted shares, which could be a point of concern for some investors.
Future Outlook
The restrictions on the granted shares are generally removed one year after the date of award, subject to accelerated removal under certain circumstances including death, disability, and retirement. This indicates a forward-looking compensation strategy tied to continued service and specific life events.
Industry Context
StockSavvy.ai notes that the issuance of restricted stock to directors is a common practice across many industries, including technology and manufacturing, to align executive incentives with long-term shareholder value and company performance.
Comparison to Industry Standards
- The grant of restricted stock to directors is a standard compensation practice in the technology and industrial sectors, aligning with companies like Cisco Systems, Intel, and Honeywell.
- The vesting period of one year, with accelerated vesting for specific events, is typical and comparable to industry norms for executive and director compensation packages.
Stakeholder Impact
- Shareholders: The grant aligns director interests with long-term shareholder value, but the immediate impact on share price is likely minimal. Dilution from such grants is a standard consideration.
- Employees: The filing does not directly impact employees, but the incentive structure for directors may indirectly influence company strategy and performance, which could affect employees.
- Management: The grant is a form of compensation for the director's service.
Next Steps
- Vesting of restricted shares for Jonathan C. Klein, generally one year after May 21, 2026, subject to accelerated vesting conditions.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of execution for the Limited Power of Attorney for SEC Reporting Purposes by Jonathan C. Klein. |
| 05/21/2026 | Date of earliest transaction and grant date for the restricted stock. |
| 05/26/2026 | Date of signature for the Form 4 filing. |
Keywords
Belden Inc., Form 4, SEC Filing, Stock Grant, Director Compensation, Long Term Incentive Plan, Jonathan C. Klein, Restricted Stock
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