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Belden (NYSE: BDC) EVP reports share purchase under employee stock plan

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

Rhea-AI Filing Summary

Belden Inc. executive Brian Lieser, EVP, Solutions, reported a small increase in his holdings of company stock. On January 12, 2026, he acquired 24 shares of Belden Inc. common stock at $99.575 per share through the Belden Inc. 2021 Employee Stock Purchase Plan, which allows employees to buy shares at 85% of the lower of the stock price at the start 29,098 shares directly and an additional 505.1454 shares indirectly through the Belden Retirement Savings Plan.

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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*
Lieser Brian

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Solutions
3. Date of Earliest Transaction (Month/Day/Year)
01/12/2026
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 01/12/2026 J V 24(1) A $99.575 29,098 D
Common Stock 505.1454(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 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 (July 1, 2025) or (ii) the price at the end of the offering period (December 31, 2025). Employees elect their level of participation and the purchases are funded via payroll deductions through the offering period.
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.
/s/ Brian E. Anderson, attorney-in-fact for Brian Lieser 01/12/2026
** 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 insider transaction did Belden (BDC) report for EVP Brian Lieser?

EVP, Solutions Brian Lieser reported acquiring 24 shares of Belden Inc. common stock on January 12, 2026 at a price of $99.575 per share.

How did Brian Lieser acquire the new Belden (BDC) shares?

The 24 shares were acquired through the Belden Inc. 2021 Employee Stock Purchase Plan, which is broadly available to employees and funded via payroll deductions over the offering period.

What discount does the Belden 2021 Employee Stock Purchase Plan offer?

Under the Plan, the purchase price is 85% of the lesser of the stock price at the beginning of the offering period (July 1, 2025) or at the end of the offering period (December 31, 2025).

How many Belden (BDC) shares does Brian Lieser own after this Form 4 transaction?

After the reported transaction, Brian Lieser beneficially owns 29,098 shares of Belden common stock directly and 505.1454 shares indirectly through the Belden Retirement Savings Plan.

What does the indirect ownership in the Belden Form 4 represent?

The 505.1454 indirectly owned shares represent the balance of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of the filing.

What is Brian Lieser’s role at Belden Inc. (BDC)?

Brian Lieser is an officer of Belden Inc., serving as EVP, Solutions, as disclosed in the Form 4.

Belden Inc

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