Form 4: Belden SVP Sells Shares Under Pre-Arranged 10b5-1 Plan

Sentiment:

Insider Transaction Report 6 February 2026 4:17 PM

Belden Inc.'s SVP of HR, Leah Tate, sold 2,954 shares of common stock for $130 per share as part of a pre-arranged Rule 10b5-1 trading plan.

Summary

Leah Tate, SVP HR of Belden Inc. (BDC), reported a sale of common stock.
On February 4, 2026, Ms. Tate disposed of 2,954 shares of Belden Inc. common stock at a price of $130 per share.
This transaction was executed pursuant to a Rule 10b5-1 trading plan established by Ms. Tate on August 11, 2025.
Following the transaction, Ms. Tate directly beneficially owns 24,881 shares, indirectly owns 3,360 shares through her spouse, and 1,172.7355 shares through a 401(k) Plan.
A Limited Power of Attorney, dated March 11, 2025, was granted by Leah Tate to Brian E. Anderson, Elizabeth Schepers, and any Corporate Secretary of Belden Inc. for SEC reporting purposes.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While an insider sale reduces direct ownership, its execution under a pre-arranged 10b5-1 plan mitigates concerns about negative sentiment, indicating a planned financial management action.

Positives

The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned sale rather than a reaction to recent events or new material non-public information.

Negatives

An insider sale, even if pre-planned, results in a reduction of the insider's direct equity stake in the company.

Future Outlook

Industry Context

StockSavvy.ai notes that insider sales executed under Rule 10b5-1 plans are common practice for executives to manage personal finances while avoiding accusations of trading on material non-public information. Such pre-scheduled sales are generally viewed as less indicative of management's sentiment about the company's future prospects compared to unscheduled, open-market sales.

Corporate Governance

Change Type	Description	Effective Date	Impact Assessment
Power of Attorney Grant	Leah Tate granted a Limited Power of Attorney to specific individuals (Brian E. Anderson, Elizabeth Schepers, and any Corporate Secretary) to handle her SEC reporting obligations (Forms 3, 4, 5, and 144).	2025-03-11	Streamlines SEC compliance for the reporting person by delegating administrative tasks to company personnel, ensuring timely and accurate filings.

Stakeholder Impact

Shareholders: A minor reduction in insider ownership, but mitigated by the pre-arranged 10b5-1 plan, suggesting no immediate negative implications for company prospects.

Key Dates

Date	Description
2025-03-11	Leah Tate executed a Limited Power of Attorney for SEC reporting purposes.
2025-08-11	Leah Tate established a Rule 10b5-1 trading plan.
2026-02-04	Transaction date for the sale of 2,954 shares of common stock.
2026-02-06	Date the Form 4 was filed with the SEC.

Recommendation

hold

The insider sale by Leah Tate, SVP HR, was conducted under a pre-arranged Rule 10b5-1 trading plan. This indicates a planned personal financial management action rather than a reaction to new material information, thus it does not significantly alter the investment thesis for Belden Inc. The transaction is largely neutral in its implications for the stock's future performance, warranting a 'hold' recommendation based solely on this filing.

Keywords

Belden Inc., BDC, Insider Trading, Form 4, Leah Tate, Stock Sale, 10b5-1 Plan, Corporate Governance, SEC Filing

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