STOCK TITAN

Belden (BDC) EVP adds 85 shares through employee stock purchase plan

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

Rhea-AI Filing Summary

Belden Inc. executive Brian Lieser increased his stake through a routine employee stock purchase. On an offering period ending June 30, 2026, he acquired 85 shares of Belden common stock via the Belden Inc. 2021 Employee Stock Purchase Plan at $99.646 per share, bringing his direct holdings to 33,044 shares. He also holds 636.2114 shares indirectly through a 401(k) plan.

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Insider Lieser Brian
Role EVP - Chief Comm. Officer
Type Security Shares Price Value
Other Common Stock 85 $99.646 $8K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 33,044 shares (Direct, null); Common Stock — 636.211 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. [object Object]
Shares acquired 85 shares Acquired through 2021 Employee Stock Purchase Plan
Purchase price $99.646 per share Employee Stock Purchase Plan acquisition
Direct holdings after transaction 33,044 shares Belden common stock held directly by Brian Lieser
Indirect 401(k) holdings 636.2114 shares Belden common stock held via 401(k) plan
Restructuring shares (code J) 85 shares Classified as other acquisition or disposition
Employee Stock Purchase Plan financial
"Shares acquired through the Belden Inc. 2021 Employee Stock Purchase Plan (the "Plan")."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
401(k) Plan financial
"nature_of_ownership": "By 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
transaction code J financial
"transaction_code": "J" ... "transaction_code_description": "Other acquisition or disposition""
payroll deductions financial
"Employees elect their level of participation and the purchases are funded via payroll deductions through the offering period."
Payroll deductions are amounts automatically taken out of an employee’s paycheck before they receive it. These can include taxes, retirement contributions, or insurance premiums. For investors, payroll deductions indicate how much money individuals set aside for savings or benefits, affecting their disposable income and overall financial stability.
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FAQ

What insider transaction did Belden (BDC) report for Brian Lieser?

Belden reported that EVP and Chief Commercial Officer Brian Lieser acquired 85 shares of common stock through the company’s 2021 Employee Stock Purchase Plan, a routine program funded by payroll deductions during the offering period ending June 30, 2026.

At what price did Brian Lieser acquire Belden (BDC) shares?

The filing shows a price of $99.646 per share for the 85 Belden common shares acquired through the 2021 Employee Stock Purchase Plan, which uses a discounted purchase price based on the stock’s value at the beginning or end of the offering period.

How many Belden (BDC) shares does Brian Lieser own after the transaction?

After this employee stock purchase, Brian Lieser directly owns 33,044 Belden common shares. The Form 4 also reports an additional 636.2114 shares held indirectly in a 401(k) plan, giving a clearer picture of his overall equity exposure to the company.

What is the Belden 2021 Employee Stock Purchase Plan mentioned in the filing?

The Belden 2021 Employee Stock Purchase Plan is broadly available to company and subsidiary employees. Participants fund purchases through payroll deductions, buying shares at 85% of the lower stock price at either the start or end of each defined offering period.

Was Brian Lieser’s Belden (BDC) share acquisition an open-market purchase?

No, the acquisition was made through Belden’s 2021 Employee Stock Purchase Plan, not an open-market trade. Under this plan, employees elect participation levels, and shares are bought automatically with payroll deductions at a discounted formula price.
SEC Form 4
FORM 4UNITED 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*
Lieser Brian

(Last)(First)(Middle)
C/O BELDEN INC.
1 N. BRENTWOOD BLVD., 15TH FLOOR

(Street)
ST. LOUIS MISSOURI 63105

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BELDEN INC. [ BDC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP - Chief Comm. Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/06/2026JV85(1)A$99.64633,044D
Common Stock636.2114IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares acquired through the Belden Inc. 2021 Employee Stock Purchase Plan (the "Plan"). The Plan is broadly available to employees of Belden Inc. and its subsidiaries. Pursuant to the terms of the Plan, the purchase price is 85% of the lesser of (i) the price at the beginning of the offering period (January 1, 2026) or (ii) the price at the end of the offering period (June 30, 2026). Employees elect their level of participation and the purchases are funded via payroll deductions through the offering period.
/s/ Brian E. Anderson, attorney-in-fact for Brian Lieser07/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)