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

Brian Lieser, EVP of Automation Solutions at Belden Inc., reports the sale of 771 shares of common stock at $101.15 per share under a pre-arranged 10b5-1 trading plan.

Summary

• On March 17, 2025, Brian Lieser, an Executive Vice President at Belden Inc., sold 771 shares of Belden's common stock at a price of $101.15 per share.
• The sale was executed under a Rule 10b5-1 trading plan adopted on November 7, 2024.
• Following the transaction, Lieser directly owns 37,405 shares and indirectly owns 379.2634 shares through a 401(k) plan.
• Lieser has granted limited power of attorney to Brian E. Anderson and Elizabeth Schepers for SEC reporting purposes.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't convey any particularly positive or negative sentiment about the company's prospects.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. It provides transparency into the transactions of company executives and their holdings of company stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading activities.
• The use of a 10b5-1 trading plan is a common method for corporate insiders to sell shares without raising concerns about trading on non-public information, similar to practices at companies like Texas Instruments and Intel.

Stakeholder Impact

• The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the executive's reasons for selling.
• The disclosure ensures transparency for all stakeholders regarding insider transactions.

Key Dates

Keywords

Form 4, Belden Inc., Brian Lieser, Stock Sale, 10b5-1 Plan, Insider Trading, SEC Filing, BDC