Form 4: Belden Inc. Executive Brian Edward Anderson Sells Shares Under 10b5-1 Plan

Brian Edward Anderson, SVP, Legal, GC and Corp. Sec. of Belden Inc., sold 6,556 shares of common stock at an average price of $100.4577 on August 15, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On August 15, 2024, Brian Edward Anderson, SVP, Legal, GC and Corp. Sec. of Belden Inc., sold 6,556 shares of Belden Inc. common stock.
• The sale was executed at an average price of $100.4577 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on May 9, 2024.
• Following the transaction, Anderson directly owns 32,829 shares and indirectly owns 897.9008 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine transaction under a pre-arranged trading plan. It doesn't inherently indicate positive or negative prospects for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Sales under 10b5-1 plans are generally viewed as less impactful than discretionary sales, as they are pre-scheduled.

Stakeholder Impact

• The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction relative to the executive's holdings.

Key Dates