Form 4: Belden Inc. SVP, Legal, GC and Corp. Sec. Brian Edward Anderson Reports Stock Sales

Brian Edward Anderson, SVP, Legal, GC and Corp. Sec. of Belden Inc., reported the sale of common stock on August 8 and 9, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Brian Edward Anderson, a Senior Vice President at Belden Inc., reported the sale of company common stock.
• On August 8, 2024, Anderson sold 5,071 shares at an average price of $95.0517.
• On August 9, 2024, Anderson sold an additional 140 shares, with 100 shares sold at $95.075 and 40 shares sold at $95.
• The sales were executed under a Rule 10b5-1 trading plan adopted on May 9, 2024.
• Following these transactions, Anderson directly owns 40,647 shares of Belden Inc. common stock and indirectly owns 897.9008 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports routine stock sales under a pre-arranged plan, with no indication of positive or negative implications for the company.

Industry Context

This filing is a routine disclosure of insider stock sales. It is common for executives to utilize 10b5-1 plans to sell shares over time to avoid accusations of insider trading.

Stakeholder Impact

• The stock sales by a company executive could have a minor impact on shareholder sentiment.

Key Dates