Belden (NYSE: BDC) innovation chief gets 2,526-share award, 777 withheld for tax
Rhea-AI Filing Summary
Belden Inc. EVP – Chief Innovation Officer Hiran Bhadra received a stock award tied to prior performance units and a separate restricted stock unit vesting. On March 11, 2026, Bhadra acquired 2,526 shares of common stock at no cost, representing after-tax shares from performance stock units granted on March 7, 2023, after a three-year performance period and a 1.055 conversion factor approved by the compensation committee, resulting in 4,167 shares subject to tax withholding. On the same date, 777 shares were withheld to cover taxes related to a portion of a March 7, 2023 restricted stock unit grant that vested on March 7, 2026, a non-market disposition for tax purposes. Following these transactions, Bhadra directly holds 33,481 shares of Belden common stock and indirectly holds 849.2097 shares through the Belden Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Holding | 2,526 | $0.00 | -- |
| Tax Withholding | Common Stock Holding | 777 | $0.00 | -- |
| holding | Common Stock Holding | -- | -- | -- |
Footnotes (1)
- On March 7, 2023, the Reporting Person received a grant of 3,949 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 4,167 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.