Belden (BDC) EVP Leah Tate awarded 2,440 shares, withholds 335 for taxes
Rhea-AI Filing Summary
Belden Inc. executive Leah Tate reported a mix of equity award and tax-related share withholding. On March 2, 2026, she received a grant of 2,440 shares of Belden common stock as a supplemental distribution under the company’s Stretch Achievement Share Award program. This enhancement was based on prior performance share units and the company’s 2025 adjusted earnings per share of $7.54, which yielded 0.54 additional shares for each underlying share, after tax withholding.
On the same date, 335 shares were withheld to cover taxes tied to a restricted stock unit grant that vested on February 26, 2026. After these transactions, Tate directly held 30,005 Belden shares. She also had indirect ownership of 3,360 shares held by her spouse and 1,186.732 shares in the Belden Retirement Savings (401(k)) Plan as of the filing date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 335 | $0.00 | -- |
| Grant/Award | Common Stock | 2,440 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| 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. 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. Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.