Belden (NYSE: BDC) investors back board, pay and incentive plan
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Belden Inc. reported results from its Annual Meeting of Stockholders held on May 21, 2026. Stockholders elected ten directors to one‑year terms, with support levels generally above 35 million votes for each nominee; for example, Adel Al‑Saleh received 36,446,381 votes for and 134,693 against.
Shareholders also ratified Ernst & Young as the independent registered public accounting firm, with 36,294,064 votes for and 1,226,369 against. In addition, they approved the advisory vote on executive compensation and the amended and restated Belden Inc. 2021 Long Term Incentive Plan, each receiving more than 35.7 million votes in favor.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes for Adel Al‑Saleh: 36,446,381 shares
Auditor ratification for votes: 36,294,064 shares
Say‑on‑pay votes for: 36,210,874 shares
+1 more
4 metrics
Votes for Adel Al‑Saleh
36,446,381 shares
Director election at Annual Meeting 2026
Auditor ratification for votes
36,294,064 shares
Ratification of Ernst & Young as auditor
Say‑on‑pay votes for
36,210,874 shares
Advisory vote on executive compensation
Long Term Incentive Plan votes for
35,776,894 shares
Approval of amended and restated 2021 LTIP
Key Terms
Broker Non-Votes, Advisory Vote on Executive Compensation, Long Term Incentive Plan, Emerging growth company
4 terms
Broker Non-Votes financial
"Shares Voted For | Shares Voted Against | Abstained | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Advisory Vote on Executive Compensation financial
"Proposal 3: Advisory Vote on Executive Compensation."
A non-binding shareholder vote allowing investors to approve or reject the pay packages and compensation policies for a company’s top executives. It matters because the outcome tells the board whether owners are satisfied with executive pay and can prompt changes in policy or leadership much like a customer survey prompts a company to adjust its product — signaled approval can support management credibility, while rejection may increase scrutiny and affect investor confidence.
Long Term Incentive Plan financial
"Approval of the Amended and Restated Belden Inc. 2021 Long Term Incentive Plan."
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
Was Ernst & Young ratified as Belden (BDC) auditor at the meeting?
Yes, shareholders ratified Ernst & Young as Belden’s independent registered public accounting firm. The vote totaled 36,294,064 shares for, 1,226,369 against, and 18,064 abstentions, showing a strong majority in favor of continuing with Ernst & Young as the company’s external auditor.
How did Belden (BDC) investors vote on executive compensation (say-on-pay)?
Investors approved the advisory vote on executive compensation. The resolution received 36,210,874 votes for, 362,824 against, 29,699 abstentions, and 935,100 broker non‑votes, reflecting substantial shareholder backing for Belden’s current executive pay practices under this non‑binding say‑on‑pay proposal.
What was the outcome of Belden’s 2021 Long Term Incentive Plan amendment vote?
Shareholders approved the amended and restated Belden Inc. 2021 Long Term Incentive Plan. Voting results showed 35,776,894 shares for, 798,210 against, 28,293 abstentions, and 935,100 broker non‑votes, indicating strong support for the company’s revised long‑term equity incentive framework.