Belden CEO receives stock award, withholds shares for tax
Belden Inc. President and CEO Ashish Chand reported equity compensation activity involving company common stock.
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Rhea-AI Filing Summary
Belden Inc. President and CEO Ashish Chand reported equity compensation activity involving company common stock. He received 10,898 shares on March 11, 2026 as an after-tax delivery from a performance stock unit grant made on March 7, 2023, following a three-year performance period and application of a 1.055 conversion factor.
On the same date, 6,053 shares were withheld to satisfy tax obligations related to a restricted stock unit grant that vested on March 7, 2026. After these transactions, Chand holds 162,473 shares directly and 1,243.9223 shares indirectly through the Belden Retirement Savings (401(k)) Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,898 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,053 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. On March 7, 2023, the Reporting Person received a grant of 22,435 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 23,669 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.
- F2. Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.
- F3. 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.
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What insider stock transactions did Belden (BDC) CEO Ashish Chand report?
Were Ashish Chand’s reported Belden (BDC) transactions open-market trades?
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