Belden director receives $160K restricted stock grant
BALK LANCE C reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
BALK LANCE C reported acquisition or exercise transactions in this Form 4 filing.
BELDEN INC. director Lance C. Balk received a grant of 1,527 shares of Common Stock as restricted stock under the company’s 2021 Long Term Incentive Plan. The award is valued at $160,000, based on the $104.79 closing price on May 21, 2026. These restrictions generally lapse one year after the grant date, with possible accelerated vesting upon death, disability, or retirement. Following the grant, Balk directly holds 69,883 shares of Common Stock, and there are additional indirect holdings in trusts for his spouse and adult children, for which he disclaims beneficial ownership beyond any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,527 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Grant of Restricted Stock under the Company's 2021 Long Term Incentive Plan. Based on value of $160,000 divided by the closing price on the grant date, May 21, 2026 ($104.79). The restrictions associated with the shares are generally removed one year after the date of award, but are subject to accelerated removal under certain circumstances, including death, disability and retirement.
- F2. Includes 6,625 shares held in trust for adult children. Reporting Person disclaims beneficial ownership of these shares as the beneficiaries are his adult children outside of his household and he has no pecuniary interest.
- F3. Given the Reporting Person's lack of intention to exert any power over the voting or disposition of the shares, the Reporting Person disclaims beneficial ownership of these shares beyond his pecuniary interest.
Key Figures
Key Terms
Restricted Stock financial
2021 Long Term Incentive Plan financial
GRAT remainder trust financial
irrevocable trust financial
beneficial ownership financial
FAQ
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What did Lance C. Balk report in his Form 4 for BELDEN INC. (BDC)?
How was the value of Lance C. Balk’s Belden (BDC) stock grant determined?
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