Form 4: Belden Inc. Executive Brian Edward Anderson Reports Stock Transactions
SEC Form 4
Brian Edward Anderson, SVP, Legal, GC and Corp. Sec. of Belden Inc., reports acquisition of shares through performance stock units and restricted stock units, as well as shares held in a 401(k) plan.
Summary
- On February 26, 2025, Brian Edward Anderson, SVP, Legal, GC and Corp. Sec. of Belden Inc., reported transactions involving Belden Inc. common stock.
- Anderson acquired 5,263 shares of common stock related to performance stock units (PSUs) with a value of $0.
- These shares resulted from a conversion factor of 1.935 applied to a previous grant of 4,862 PSUs from February 22, 2022, after a three-year performance period.
- The conversion was approved by the Company's Compensation Committee.
- Anderson also acquired 3,760 shares of common stock related to restricted stock units (RSUs) with a value of $0.
- 25% of the RSUs will vest on February 26, 2026, 25% will vest on February 26, 2027, and 50% will vest on February 26, 2028.
- Anderson also reports ownership of 916.2692 shares held in the Belden Retirement Savings Plan.
- Following these transactions, Anderson directly owns 43,260 shares and indirectly owns 916.2692 shares through the 401(k) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reflects routine stock transactions related to executive compensation. The vesting of RSUs and conversion of PSUs suggest a positive outlook, but it's not overtly bullish.
Positives
- The vesting of RSUs and conversion of PSUs into shares indicates a potential positive outlook for Belden Inc.'s performance, as these awards are often tied to company success.
Future Outlook
The vesting schedule of the RSUs (25% on February 26, 2026, 25% on February 26, 2027, and 50% on February 26, 2028) suggests a continued commitment and alignment of interests between the executive and the company's long-term performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholder confidence due to the alignment of executive interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 02/22/2022 | Reporting Person received a grant of 4,862 performance stock units (PSUs). |
| 02/26/2025 | Conversion factor of 1.935 approved for PSUs, resulting in an award of 9,408 shares, subject to tax withholding. |
| 02/26/2025 | Grant of RSUs by the Company's Compensation Committee. |
| 02/26/2026 | 25% of the RSUs will vest. |
| 02/26/2027 | 25% of the RSUs will vest. |
| 02/26/2028 | 50% of the RSUs will vest. |
| 02/28/2025 | Date of signature for the Form 4 filing. |
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