Form 4: Belden Inc. Executive Brian Edward Anderson Reports Sale of Common Stock

Brian Edward Anderson, SVP, Legal, GC and Corp. Sec. of Belden Inc., reports the sale of 1,262 shares of common stock at an average price of $96.7864.

Summary

• On August 13, 2024, Brian Edward Anderson, SVP, Legal, GC and Corp. Sec. of Belden Inc., sold 1,262 shares of Belden Inc. common stock.
• The transaction was executed at an average price of $96.7864 per share.
• The sale was conducted under a Rule 10b5-1 trading plan adopted on May 9, 2024.
• Following the transaction, Anderson directly owns 39,385 shares of Belden Inc. common stock and indirectly owns 897.9008 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock sale by an executive under a pre-existing trading plan. It doesn't inherently indicate positive or negative performance for the company.

Industry Context

Executive stock sales are a common occurrence and are often part of pre-planned trading programs to diversify personal holdings or for other financial planning purposes. The filing provides transparency into these transactions.

Comparison to Industry Standards

• Executive stock sales are a routine part of corporate governance and financial planning.
• Companies like CommScope and Corning also see regular Form 4 filings from their executives.
• The use of Rule 10b5-1 plans is a standard practice to avoid accusations of insider trading.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale by an executive.

Key Dates