Form 4: Belden Inc. Executive Jay Wirts Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jay Wirts, EVP of Enterprise Solutions at Belden Inc., reports the withholding of shares for tax purposes related to vested restricted stock units.
Summary
- On February 21, 2025, Jay Wirts, EVP of Enterprise Solutions at Belden Inc., had 608 shares of common stock withheld for tax purposes related to the vesting of restricted stock units granted on February 21, 2024.
- On February 24, 2025, an additional 381 shares were withheld for tax purposes related to the vesting of restricted stock units granted on February 22, 2022.
- Following these transactions, Wirts directly owns 10,713 shares of Belden Inc. common stock.
- Wirts also indirectly owns 196.9503 shares through the Belden Retirement Savings Plan as of the date of the filing.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, and does not contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and is a standard practice for publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| June 9, 2023 | Date of Limited Power of Attorney execution, granting Brian E. Anderson authority for Rule 144 and Section 16 reporting obligations. |
| February 21, 2024 | Date of restricted stock unit grant related to the February 21, 2025 tax withholding. |
| February 22, 2022 | Date of restricted stock unit grant related to the February 24, 2025 tax withholding. |
| February 21, 2025 | 608 shares withheld for tax purposes related to vested restricted stock units. |
| February 24, 2025 | 381 shares withheld for tax purposes related to vested restricted stock units. |
| February 25, 2025 | Date of Form 4 filing. |
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