Form 4: Belden Inc. Executive Doug Zink Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Doug Zink, VP and CAO of Belden Inc., reports disposals of common stock to cover tax obligations related to vested restricted stock units.
Summary
- Doug Zink, a VP and CAO at Belden Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On February 21, 2025, 79 shares of common stock were disposed of to cover tax obligations related to the vesting of restricted stock units granted on February 21, 2024.
- On February 24, 2025, 181 shares were disposed of for tax purposes related to restricted stock units granted on February 22, 2022, that vested on February 24, 2025.
- Following these transactions, Zink directly owns 6,383 shares of Belden Inc. common stock.
- Zink also indirectly owns 1,017.7509 shares through the Belden Retirement Savings Plan as of the filing date.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 02/22/2022 | Date of restricted stock unit grant related to February 24, 2025 disposal. |
| 02/21/2024 | Date of restricted stock unit grant related to February 21, 2025 disposal. |
| 02/21/2025 | Disposal of 79 shares for tax purposes. |
| 02/24/2025 | Disposal of 181 shares for tax purposes. |
| 02/25/2025 | Date of Form 4 filing. |
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