Form 4: Belden Inc. Executive Hiran Bhadra Reports Stock Grant and Holdings
SEC Form 4 Filing
Hiran Bhadra, SVP of Strategy & Technology at Belden Inc., reports the acquisition of 3,577 shares of common stock through a grant of RSUs and holdings of 586.6202 shares through a 401(k) plan.
Summary
- On February 28, 2025, Hiran Bhadra, SVP of Strategy & Technology at Belden Inc., filed a Form 4 with the SEC.
- The filing reports the acquisition of 3,577 shares of Belden Inc. common stock through a grant of Restricted Stock Units (RSUs) on February 26, 2025.
- The filing also indicates that Bhadra holds 586.6202 shares of Belden Inc. common stock indirectly through a 401(k) plan.
- Following the reported transactions, Bhadra directly owns 21,156 shares of Belden Inc. common stock.
- The RSUs vest in three tranches: 25% on February 26, 2026, 25% on February 26, 2027, and 50% on February 26, 2028.
- Brian E. Anderson, acting as attorney-in-fact for Hiran Bhadra, signed the filing.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The document reports a standard RSU grant, which is generally viewed favorably as it aligns executive interests with shareholder value. There are no indications of negative events or concerns.
Positives
- The RSU grant aligns the executive's interests with the long-term performance of the company.
- The vesting schedule encourages continued service and contribution to Belden Inc.'s success.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard executive compensation practices.
Comparison to Industry Standards
- RSU grants are a common form of executive compensation in publicly traded companies, aligning executive incentives with shareholder value.
- Vesting schedules are typical, encouraging long-term commitment from executives.
- Companies like Amphenol and TE Connectivity, which also operate in the connectivity and networking space, use similar compensation strategies.
Stakeholder Impact
- The RSU grant could have a slightly positive impact on shareholder sentiment as it aligns executive compensation with company performance.
Key Dates
| Date | Description |
|---|---|
| 2024-02-23 | Date of Limited Power of Attorney execution. |
| 2025-02-26 | Date of RSU grant. |
| 2025-02-26 | Transaction date for common stock holding. |
| 2025-02-28 | Date of Form 4 filing. |
| 2026-02-26 | First vesting date for 25% of RSUs. |
| 2027-02-26 | Second vesting date for 25% of RSUs. |
| 2028-02-26 | Final vesting date for 50% of RSUs. |
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