Belden (BDC) CEO Chand logs tax-withheld shares and performance award stock
Rhea-AI Filing Summary
Belden Inc. director and President/CEO Ashish Chand reported equity compensation-related transactions in company common stock. On March 2, 2026, 3,034 shares were withheld to cover tax obligations on a portion of restricted stock units that vested on February 26, 2026, reducing his directly held shares used for that purpose.
On the same date, he acquired 14,369 directly held shares through a grant/award tied to Belden’s Stretch Achievement Share Award program. Footnotes state this reflects after-tax shares delivered following performance share units granted in 2022 and 2023, which were enhanced based on 2022–2024 performance and a 2025 adjusted EPS of $7.54.
The filing also notes 1,172.0887 shares held indirectly in the Belden Retirement Savings Plan as of the filing date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,034 | $0.00 | -- |
| Grant/Award | Common Stock | 14,369 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (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. Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing. 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.