Form 4: Belden Inc. Executive Brian Anderson Reports Stock Purchase Through Employee Plan

Brian Anderson, SVP at Belden Inc., acquired 173 shares of common stock through the company's employee stock purchase plan.

Summary

• Brian Anderson, a Senior Vice President at Belden Inc., has reported the acquisition of 173 shares of Belden common stock.
• The shares were purchased on January 10, 2025, at a price of $79.05 per share.
• This transaction was part of the Belden Inc. 2021 Employee Stock Purchase Plan.
• The purchase price was determined as 85% of the lesser of the stock price at the beginning (July 1, 2024) or end (December 31, 2024) of the offering period.
• Anderson also holds 897.9008 shares indirectly through the Belden Retirement Savings Plan.
• Following this transaction, Anderson directly owns 35,926 shares of Belden stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a neutral to slightly positive sentiment due to executive participation in the company's stock plan.

Positives

• The purchase demonstrates executive participation in the company's employee stock purchase plan.
• The employee stock purchase plan allows employees to acquire shares at a discounted price.

Industry Context

This filing is a routine disclosure of an executive's stock purchase through an employee stock purchase plan, which is a common practice in publicly traded companies.

Comparison to Industry Standards

• Employee stock purchase plans are a common benefit offered by many publicly traded companies, including Belden's competitors in the industrial technology and networking sectors.
• The discount of 15% offered by Belden is within the typical range for such plans.
• Similar plans are offered by companies such as CommScope and Corning, which also operate in the communications infrastructure space.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates executive confidence in the company.
• Employees benefit from the discounted stock purchase plan.

Key Dates

Keywords

Belden Inc., Employee Stock Purchase Plan, Stock Acquisition, Brian Anderson, SEC Form 4, Executive Holdings, Retirement Savings Plan