Belden (NYSE: BDC) EVP receives stock award with shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Belden Inc. executive Leah Tate reported compensation-related stock transactions involving common shares. She received 2,779 shares at no cost following the vesting and performance conversion of previously granted performance stock units, after required tax withholding. On the same date, 1,011 shares were withheld to cover tax obligations tied to a restricted stock unit grant vesting. After these entries, she directly holds 31,773 common shares, with additional indirect holdings of 3,360 shares through her spouse and 1,295.6599 shares in the Belden Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Tate Leah
Role
EVP - Chief Peop/Strat Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,779 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,011 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 32,784 shares (Direct);
Common Stock — 3,360 shares (Indirect, By Spouse)
Footnotes (1)
- On March 7, 2023, the Reporting Person received a grant of 4,655 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 4,912 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. 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. Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.
FAQ
What did Belden (BDC) EVP Leah Tate report in this Form 4?
Leah Tate reported stock-based compensation activity in Belden common shares. She received 2,779 shares from vested performance units and had 1,011 shares withheld to cover taxes, reflecting routine equity compensation rather than open‑market buying or selling.
Do these Belden (BDC) Form 4 transactions involve open‑market trades?
The reported transactions do not involve open‑market purchases or sales. They reflect a stock award from vested performance units and shares withheld to cover taxes on restricted stock vesting, both standard elements of executive equity compensation programs.