Belden (NYSE: BDC) EVP gains 2,841-share award after EPS trigger

Rhea-AI Filing Summary

Belden Inc. executive Brian Edward Anderson, EVP and Chief Legal Officer, reported share movements tied to equity compensation and tax withholding. On March 2, 2026, 415 shares of common stock were disposed of to cover taxes on restricted stock units that vested on February 26, 2026, leaving 42,410 directly held shares afterward.

On the same date, he acquired 2,841 shares of common stock as a grant under Belden’s Stretch Achievement Share Award program. This award reflects supplemental shares earned from prior performance share units based on Belden’s 2025 adjusted EPS of $7.54, bringing his direct holdings to 45,251 shares. Separately, 1,072.3106 shares are held indirectly through the Belden Retirement Savings Plan.

Insider Trade Summary

Net Buyer: 2,426 shares

Net Buy 3 txns

Insider Anderson Brian Edward

Role EVP - Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	415	$0.00	$0.00
Grant/Award	Common Stock	2,841	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 45,251 shares (Direct); Common Stock — 1,072.3106 shares (Indirect, By 401(k) Plan)

Footnotes (3)

1. F1. Shares withheld for tax purposes related to portion of February 26, 2025 restricted stock unit grant that vested on February 26, 2026. The resulting shares were delivered on March 2, 2026.
2. F2. Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.
3. F3. Pursuant to the Company's Stretch Achievement Share Award program, certain PSUs granted in 2022 and 2023 were subject to enhancement based on company performance from 2022 through 2024 (the "Prior PSUs") and the achievement of an adjusted earnings per share ("EPS") goal in 2025. Based on the Company's 2025 EPS of $7.54, for each share received in 2025 from the vesting and distribution of the Prior PSUs awardees received a supplemental distribution of 0.54 shares, subject to tax withholding. The number in this cell reflects the after-tax number of shares delivered to the Reporting Person on March 2, 2026.

FAQ

What insider share transactions did Belden (BDC) report for Brian Anderson?

Belden reported that EVP and Chief Legal Officer Brian Anderson both disposed of and acquired company shares on March 2, 2026. Shares were withheld for taxes on vested RSUs and he received a new stock grant under Belden’s Stretch Achievement Share Award program.

How many Belden (BDC) shares were used for tax withholding in this Form 4?

The Form 4 shows 415 Belden common shares were withheld and disposed of to satisfy tax obligations. These taxes related to a February 26, 2025 restricted stock unit grant that vested on February 26, 2026, with resulting shares delivered to Brian Anderson on March 2, 2026.

What stock award did Brian Anderson receive from Belden (BDC) on March 2, 2026?

Brian Anderson received 2,841 Belden common shares as a grant on March 2, 2026. The award came from the Stretch Achievement Share Award program, which enhanced prior performance share units based on company performance from 2022–2024 and a 2025 adjusted EPS result of $7.54.

How did Belden’s (BDC) 2025 EPS affect Brian Anderson’s stock award?

Belden’s 2025 adjusted EPS of $7.54 triggered an enhancement to earlier performance share units. For each share previously received from those awards, recipients gained an extra 0.54 shares, subject to tax withholding, resulting in 2,841 after-tax shares delivered to Brian Anderson on March 2, 2026.

What are Brian Anderson’s total Belden (BDC) share holdings after these transactions?

After these transactions, Brian Anderson directly holds 45,251 Belden common shares. In addition, 1,072.3106 Belden shares are held indirectly for his benefit in the Belden Retirement Savings Plan, as reflected in the Form 4 filing’s reported 401(k) plan balance.

Are Brian Anderson’s Belden (BDC) transactions open-market buys or sales?

The reported transactions are compensation-related, not open-market trades. Shares disposed of were withheld to cover tax liabilities on vested restricted stock units, while the newly acquired 2,841 shares represent an equity award granted under Belden’s Stretch Achievement Share Award program.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/02/2026 - 04:56 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Anderson Brian Edward

(Last) (First) (Middle)

C/O BELDEN INC.

1 N. BRENTWOOD BLVD., 15TH FLOOR

(Street)

ST. LOUIS MO 63105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BELDEN INC. [ BDC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		F		415(1)	D	$0	42,410	D
Common Stock	03/02/2026		A		2,841(3)	A	$0	45,251	D
Common Stock								1,072.3106(2)	I	By 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld for tax purposes related to portion of February 26, 2025 restricted stock unit grant that vested on February 26, 2026. The resulting shares were delivered on March 2, 2026.

2. Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.

3. Pursuant to the Company's Stretch Achievement Share Award program, certain PSUs granted in 2022 and 2023 were subject to enhancement based on company performance from 2022 through 2024 (the "Prior PSUs") and the achievement of an adjusted earnings per share ("EPS") goal in 2025. Based on the Company's 2025 EPS of $7.54, for each share received in 2025 from the vesting and distribution of the Prior PSUs awardees received a supplemental distribution of 0.54 shares, subject to tax withholding. The number in this cell reflects the after-tax number of shares delivered to the Reporting Person on March 2, 2026.

	/s/ Brian E. Anderson	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.