BDC Form 144 Filed for 297 SAR Shares to Be Sold on NYSE

Rhea-AI Filing Summary

Belden Inc. (BDC) Form 144 notice shows a proposed sale of 297 common shares through Fidelity Brokerage Services with an aggregate market value of $37,454.67. The shares represent part of a grant acquired the same day (09/03/2025) as a stock appreciation right (SAR) from the issuer and are marked as compensation. The filing lists the approximate sale date as 09/03/2025 and the shares are to be sold on the NYSE. The report also discloses a prior sale by Brian Lieser of 296 shares on 06/25/2025 for gross proceeds of $33,838.72. The filing includes the filer’s representation about absence of undisclosed material information. Several identifying fields in the submitted form appear blank in the provided content.

Insights

Securities Analyst

TL;DR: Routine insider transaction notice; small quantity versus outstanding shares, limited investor impact.

The Form 144 reports a proposed sale of 297 shares acquired by SAR on the same date and designated as compensation. Given the issuer's reported shares outstanding of 39,619,837, the proposed sale is immaterial in scale (well below 0.01% of outstanding shares). The filing is procedural, meeting disclosure requirements for sales by insiders or affiliated persons. No financial results, guidance, or material corporate actions are disclosed here, so the filing should not materially affect valuation or market expectations.

Corporate Governance Expert

TL;DR: Compliance-focused filing signaling a compensated equity realization; no governance red flags evident.

This Form 144 documents the planned disposition of shares received as compensation via a SAR and a recent small sale by an individual (Brian Lieser). The form includes the required representation about knowledge of material nonpublic information. There are no indications of unusual trading patterns, large insider exits, or exceptions to Rule 144 aggregation in the provided content. Several form fields are blank in the supplied text, which limits completeness but does not indicate a governance issue on its face.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	297	37454.67	39619837	09/03/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/03/2025	SAR	Issuer			297	09/03/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Brian Lieser 1 North Brentwood Boulevard, 15th Floor St. Louis MO 63105	Common	06/25/2025	296	33838.72

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Belden Inc. (BDC) Form 144 report?

The filing reports a proposed sale of 297 common shares acquired as a SAR and to be sold on 09/03/2025 through Fidelity Brokerage Services for an aggregate market value of $37,454.67.

How many shares outstanding does the filing show for Belden Inc.?

The filing lists 39,619,837 shares outstanding for the class reported.

Were there any recent sales by the person for whose account these securities are to be sold?

Yes. The filing discloses a sale by Brian Lieser of 296 shares on 06/25/2025 for gross proceeds of $33,838.72.

What was the nature of acquisition for the 297 shares reported?

The 297 shares were acquired on 09/03/2025 via a SAR (stock appreciation right) from the issuer and the payment is listed as compensation.

On which exchange are the shares proposed to be sold?

The proposed sale is listed to occur on the NYSE.