Form 4: Belden Inc. VP and CAO Doug Zink Reports Stock Sale
SEC Form 4 Filing
Doug Zink, VP and CAO of Belden Inc., reported the sale of 3,000 shares of common stock at an average price of $128.8231 on November 7, 2024.
Summary
- On November 7, 2024, Doug Zink, the VP and CAO of Belden Inc., sold 3,000 shares of Belden Inc. common stock.
- The sale price averaged $128.8231 per share.
- Following the transaction, Zink directly owns 6,643 shares of Belden Inc. common stock.
- Zink also indirectly owns 999.1079 shares through the Belden Retirement Savings Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of stock sale by an officer. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This is a routine disclosure of insider trading activity. It is difficult to assess the impact without knowing the context of the sale (e.g., diversification, personal expenses).
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, depending on how it's perceived by the market.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of stock sale transaction |
| 11/12/2024 | Date of Form 4 filing |
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