Belden (BDC) CFO reports tax withholding and performance share award
Rhea-AI Filing Summary
Belden Inc. executive vice president and CFO Jeremy E. Parks reported equity-related transactions in the company’s common stock. On March 2, 2026, 784 shares were disposed of at no stated price to cover tax withholding for a portion of a restricted stock unit grant made on February 26, 2025 that vested on February 26, 2026.
On the same date, Parks acquired 3,337 common shares through a grant or award at no stated price. According to the Stretch Achievement Share Award program, certain performance stock units granted in 2022 and 2023 were enhanced based on company performance from 2022–2024 and an adjusted EPS goal in 2025. Based on 2025 EPS of $7.54, each share received in 2025 from the prior PSUs generated a supplemental 0.54 share distribution, subject to tax withholding. After these transactions, Parks directly holds 47,150 common shares and indirectly holds 582.1263 shares in the Belden Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 784 | $0.00 | -- |
| Grant/Award | Common Stock | 3,337 | $0.00 | -- |
| 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. Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing. 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.