Form 4: Belden Inc. Executive Brian Lieser Reports Sale of Common Stock
SEC Form 4 Filing
Brian Lieser, EVP of Industrial Automation Solutions at Belden Inc., reports the sale of 819 shares of common stock at $91.26 per share.
Summary
- Brian Lieser, an executive at Belden Inc., filed a Form 4 disclosing a transaction involving the company's common stock.
- On July 10, 2024, Lieser sold 819 shares of Belden Inc. common stock at a price of $91.26 per share.
- Following the transaction, Lieser directly owns 21,031 shares of common stock.
- Lieser also indirectly owns 356.4038 shares through a 401(k) plan.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 15, 2023.
- Brian E. Anderson, acting as attorney-in-fact for Brian Lieser, signed the report.
- A Limited Power of Attorney was established on February 15, 2023, granting Brian E. Anderson the authority to handle securities filings on Lieser's behalf.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider stock sale under a pre-arranged trading plan, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. These filings provide transparency into the transactions of individuals with access to non-public information.
Stakeholder Impact
- The stock sale 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
| Date | Description |
|---|---|
| 2023-02-15 | Limited Power of Attorney executed, appointing Brian E. Anderson as attorney-in-fact for Brian Lieser. |
| 2023-11-15 | Rule 10b5-1 trading plan adopted by Brian Lieser. |
| 2024-07-10 | Date of the stock sale transaction. |
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