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

Brian Lieser, an EVP at Belden Inc., acquired 29 shares of common stock through the company's employee stock purchase plan at a price of $79.05 per share.

Summary

• Brian Lieser, an Executive Vice President at Belden Inc., has reported a transaction involving the acquisition of 29 shares of Belden Inc. common stock.
• The shares were acquired through the company's 2021 Employee Stock Purchase Plan.
• The purchase price was $79.05 per share.
• The plan allows employees to purchase shares at 85% of the lesser of the price at the beginning or end of the offering period.
• Lieser also holds 356.5989 shares indirectly through the Belden Retirement Savings Plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to an employee stock purchase plan, which is generally a positive sign of employee engagement and alignment with company interests. There are no indications of negative sentiment.

Positives

• The employee stock purchase plan allows employees to acquire company stock at a discounted price.
• The plan is broadly available to employees of Belden Inc. and its subsidiaries.

Industry Context

This filing is a routine disclosure of an executive's stock transaction, which is common practice for publicly traded companies. It reflects the use of employee stock purchase plans as a part of compensation and benefits.

Comparison to Industry Standards

• Employee stock purchase plans are a common benefit offered by many publicly traded companies, including competitors in the industrial automation and networking sectors.
• These plans typically allow employees to purchase company stock at a discount, often around 15%, similar to Belden's plan.
• Companies like Rockwell Automation and Honeywell also offer similar plans to their employees as part of their overall compensation packages.

Stakeholder Impact

• The transaction has a minor positive impact on employee morale and alignment with company performance.
• Shareholders are not significantly impacted by this routine transaction.

Key Dates

Keywords

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