Belden (BDC) EVP receives 3,234 share award and 1,207-share tax withholding

Rhea-AI Filing Summary

Belden Inc. EVP and Chief Legal Officer Brian Edward Anderson reported routine equity compensation activity. On March 11, 2026, he acquired 3,234 shares of Belden common stock as a grant or award, delivered after a three-year performance period and related performance stock unit conversion, with no purchase price.

The filing also shows 1,207 shares withheld to cover tax obligations tied to a portion of a March 7, 2023 restricted stock unit grant that vested on March 7, 2026, meaning these were not open-market sales. After these transactions, Anderson directly holds 47,278 common shares, and an additional 1,178.0629 shares are held indirectly through the Belden Retirement Savings Plan.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Anderson Brian Edward

Role EVP - Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,234	$0.00	--
Tax Withholding	Common Stock	1,207	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 48,485 shares (Direct); Common Stock — 1,178.063 shares (Indirect, By 401(k) Plan)

Footnotes (1)

1. On March 7, 2023, the Reporting Person received a grant of 5,479 performance stock units ("PSUs"). Following the three-year performance period, a conversion factor of 1.055 was approved by the Company's Compensation Committee and applied to the PSUs, resulting in an award of 5,781 shares, subject to tax withholding. The number in this cell reflects the after-tax number of shares delivered to the Reporting Person on March 11, 2026. Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing. Shares withheld for tax purposes related to portion of March 7, 2023 restricted stock unit grant that vested on March 7, 2026. The resulting shares were delivered on March 11, 2026.

Form 4 Insider Transactions: What Each Field Means →

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)
03/11/2026

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	03/11/2026		A		3,234(1)	A	$0	48,485	D
Common Stock	03/11/2026		F		1,207(3)	D	$0	47,278	D
Common Stock								1,178.0629(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. On March 7, 2023, the Reporting Person received a grant of 5,479 performance stock units ("PSUs"). Following the three-year performance period, a conversion factor of 1.055 was approved by the Company's Compensation Committee and applied to the PSUs, resulting in an award of 5,781 shares, subject to tax withholding. The number in this cell reflects the after-tax number of shares delivered to the Reporting Person on March 11, 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. Shares withheld for tax purposes related to portion of March 7, 2023 restricted stock unit grant that vested on March 7, 2026. The resulting shares were delivered on March 11, 2026.

	/s/ Brian E. Anderson	03/11/2026
	** 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.

FAQ

What did Belden (BDC) executive Brian Anderson report in this Form 4?

Brian Anderson reported routine equity compensation activity. He received 3,234 Belden common shares as a grant or award and had 1,207 shares withheld for taxes. These are compensation-related entries, not open-market stock purchases or sales.

How many Belden (BDC) shares did Brian Anderson acquire in this transaction?

He acquired 3,234 shares of Belden common stock as a grant or award. The shares were delivered after a three-year performance period tied to earlier performance stock units and were subject to tax withholding before final delivery on March 11, 2026.

Why were 1,207 Belden (BDC) shares disposed of in Brian Anderson’s Form 4?

The 1,207 shares were withheld to cover tax obligations. They relate to a portion of a March 7, 2023 restricted stock unit grant that vested on March 7, 2026, so this disposition represents tax withholding rather than an open-market stock sale.

What are Brian Anderson’s Belden (BDC) holdings after the reported transactions?

After the reported activity, Brian Anderson holds 47,278 Belden common shares directly. He also has 1,178.0629 shares held indirectly through the Belden Retirement Savings Plan, reflecting his 401(k) plan balance as of the filing date.

What do the performance stock unit details mean in this Belden (BDC) Form 4?

On March 7, 2023, Anderson received 5,479 performance stock units. After a three-year performance period, a 1.055 conversion factor produced 5,781 shares. After tax withholding, 3,234 net shares were actually delivered to him on March 11, 2026.

Is Brian Anderson’s Form 4 for Belden (BDC) an open-market stock trade?

No, the filing reflects equity compensation and tax withholding. The 3,234 shares were granted as part of performance-based compensation, and the 1,207 shares were withheld for taxes, so there were no open-market buy or sell transactions disclosed.