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Belden (BDC) CEO Chand logs tax-withheld shares and performance award stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

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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*
Chand Ashish

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
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 3,034(1) D $0 143,259 D
Common Stock 03/02/2026 A 14,369(3) A $0 157,628 D
Common Stock 1,172.0887(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, attorney-in-fact for Ashish Chand 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.

FAQ

What did Belden (BDC) CEO Ashish Chand report in this Form 4?

Ashish Chand reported routine equity-compensation activity in Belden common stock. Shares were withheld for taxes on vested restricted stock units, and he received an after-tax share delivery from a performance-based Stretch Achievement Share Award tied to prior PSU grants and 2025 EPS performance.

How many Belden (BDC) shares were withheld for CEO tax obligations?

A total of 3,034 Belden common shares were withheld to satisfy tax obligations related to a portion of restricted stock units that vested on February 26, 2026. These shares covered the tax liability rather than being sold in an open-market transaction or discretionary sale program.

How many Belden (BDC) shares did the CEO acquire through awards?

The CEO acquired 14,369 Belden common shares through a grant or award delivered on March 2, 2026. Footnotes explain this number reflects after-tax shares from the Stretch Achievement Share Award program, based on enhanced performance share units and the company’s 2025 adjusted EPS of $7.54.

What is Belden’s Stretch Achievement Share Award program mentioned in the filing?

The Stretch Achievement Share Award program enhances certain performance share units granted in 2022 and 2023. Enhancement depends on company performance from 2022 through 2024 and achieving a 2025 adjusted EPS goal. Based on 2025 EPS of $7.54, awardees received supplemental share distributions subject to tax withholding.

How many Belden (BDC) shares does the CEO hold in the retirement plan?

The Form 4 notes 1,172.0887 Belden common shares held indirectly through the Belden Retirement Savings Plan. This figure represents the plan balance as of the filing date, separate from the CEO’s directly held shares reported in the other non-derivative ownership entries.

Does this Belden (BDC) Form 4 show open-market buying or selling by the CEO?

The Form 4 reflects tax-withholding and equity-award delivery, not open-market trades. Shares were withheld to cover taxes on vested restricted stock units, and additional shares were granted under a performance-based award program, resulting in an after-tax share delivery to the CEO.
Belden Inc

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Communication Equipment
Drawing & Insulating of Nonferrous Wire
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United States
ST. LOUIS