Belden director reports 10,000-share stock gift
An irrevocable trust associated with Belden Inc. director Lance C. Balk received a bona fide gift transfer of 10,000 shares of Belden common stock on August 3, 2026.
Rhea-AI Filing Summary
An irrevocable trust associated with Belden Inc. director Lance C. Balk received a bona fide gift transfer of 10,000 shares of Belden common stock on August 3, 2026. The trust is described as one in which he has no control or pecuniary interest.
After the transfer, he reports 59,883 shares directly, including 6,625 held in trust for adult children, for which he disclaims beneficial ownership because he has no pecuniary interest. He also reports indirect holdings of 2,400 shares in an irrevocable trust and 12,475 shares in a GRAT remainder trust, while disclaiming beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,000 shares gifted
Gift
3 txns
Insider
BALK LANCE C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1, F2 | 10,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 59,883 shares (Direct);
Common Stock — 2,400 shares (Indirect, By irrevocable trust for benefit of spouse and adult children);
Common Stock — 12,475 shares (Indirect, By GRAT remainder trust for benefit of spouse and adult children)
Footnotes (3)
- F1. Shares transferred to irrevocable trust in which the Reporting Person has no control or pecuniary interest.
- F2. Includes 6,625 shares held in trust for adult children. Reporting Person disclaims beneficial ownership of these shares as the beneficiaries are his adult children outside of his household and he has no pecuniary interest.
- F3. Given the Reporting Person's lack of intention to exert any power over the voting or disposition of the shares, the Reporting Person disclaims beneficial ownership of these shares beyond his pecuniary interest.
Key Figures
Shares gifted: 10,000 shares
Direct shares after transaction: 59,883 shares
Shares in trust for adult children: 6,625 shares
+2 more
5 metrics
Shares gifted
10,000 shares
Bona fide gift of Belden common stock on August 3, 2026
Direct shares after transaction
59,883 shares
Direct Belden common stock position reported following the gift
Shares in trust for adult children
6,625 shares
Portion of direct total held in trust for adult children; beneficial ownership disclaimed
Irrevocable trust indirect holding
2,400 shares
Indirect Belden holdings via irrevocable trust for spouse and adult children
GRAT remainder trust holding
12,475 shares
Indirect Belden holdings via GRAT remainder trust; beneficial ownership beyond pecuniary interest disclaimed
Key Terms
Bona fide gift, irrevocable trust, GRAT remainder trust, pecuniary interest, +1 more
5 terms
Bona fide gift regulatory
"Transaction code G is described as a Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
irrevocable trust financial
"Shares transferred to irrevocable trust in which the Reporting Person has no control"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
GRAT remainder trust financial
"By GRAT remainder trust for benefit of spouse and adult children"
pecuniary interest financial
"Reporting Person has no pecuniary interest in certain trust-held shares"
beneficial ownership regulatory
"Reporting Person disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction involving Belden Inc. (BDC) did Lance C. Balk report?
Lance C. Balk reported a bona fide gift of 10,000 shares of Belden common stock on August 3, 2026, transferring them to an irrevocable trust in which he has no control or pecuniary interest.
Was the Belden (BDC) stock gift reported by Lance C. Balk under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked, indicating the 10,000-share bona fide gift was not affirmed as being executed under a Rule 10b5-1 trading plan within this report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
