Form 4: Belden Inc. Executive Acquires Shares Through Employee Stock Purchase Plan

Brian Edward Anderson, SVP, Legal, GC and Corp. Sec. of Belden Inc., acquired 86 shares of common stock through the company's Employee Stock Purchase Plan on July 9, 2024.

Summary

• On July 9, 2024, Brian Edward Anderson, an executive at Belden Inc., acquired 86 shares of common stock.
• The acquisition was made through the Belden Inc. 2021 Employee Stock Purchase Plan.
• The price per share was $65.718.
• Following the transaction, Anderson directly owns 45,858 shares of Belden Inc. common stock.
• Anderson also indirectly owns 897.4096 shares through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to an employee stock purchase plan. While executive participation is generally positive, it's not a major event.

Positives

• The Employee Stock Purchase Plan is broadly available to employees, indicating a positive employee benefit.
• Executive participation in the stock purchase plan can be seen as a sign of confidence in the company's future.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Employee Stock Purchase Plans (ESPPs) are a common benefit offered by many publicly traded companies, such as Texas Instruments and Intel, to incentivize employee ownership.
• The discount of 15% (purchase price is 85% of the market price) offered by Belden's ESPP is a typical discount range for such plans, aligning with industry standards.

Stakeholder Impact

• The transaction has a minor positive impact on employees participating in the ESPP.
• The transaction has a negligible impact on shareholders.

Key Dates