Belden Inc. (BDC) director awarded $160,000 in restricted stock
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,527 shares
Net Buy
3 txns
Insider
BALK LANCE C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,527 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 69,883 shares (Direct);
Common Stock — 2,400 shares (Indirect, By irrevocable trust for benefit of spouse and adult children);
Common Stock — 12,475 shares (Indirect, By GRAT remainder trust for benefit of spouse and adult children)
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
Restricted stock grant value: $160,000
Restricted shares granted: 1,527 shares
Grant valuation price: $104.79 per share
+3 more
6 metrics
Restricted stock grant value
$160,000
Grant of restricted stock on May 21, 2026
Restricted shares granted
1,527 shares
Common Stock awarded under 2021 Long Term Incentive Plan
Grant valuation price
$104.79 per share
Closing price on May 21, 2026 used to size award
Direct holdings after grant
69,883 shares
Common Stock directly held by Lance C. Balk after award
GRAT trust holdings
12,475 shares
Held by GRAT remainder trust for spouse and adult children
Irrevocable trust holdings
2,400 shares
Held by irrevocable trust for spouse and adult children
Key Terms
Restricted Stock, 2021 Long Term Incentive Plan, GRAT remainder trust, irrevocable trust, +1 more
5 terms
Restricted Stock financial
"Grant of Restricted Stock under the Company's 2021 Long Term Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2021 Long Term Incentive Plan financial
"Grant of Restricted Stock under the Company's 2021 Long Term Incentive Plan."
GRAT remainder trust financial
"By GRAT remainder trust for benefit of spouse and adult children"
irrevocable trust financial
"By irrevocable trust for benefit of spouse and adult children"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
beneficial ownership financial
"Reporting Person disclaims beneficial ownership of these shares as the beneficiaries are his adult children"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Lance C. Balk report in his Form 4 for BELDEN INC. (BDC)?
Lance C. Balk reported receiving 1,527 shares of restricted Common Stock as an equity award. The grant was made under Belden’s 2021 Long Term Incentive Plan and reflects routine director compensation rather than an open-market stock purchase or sale.
How was the value of Lance C. Balk’s Belden (BDC) stock grant determined?
The restricted stock grant was valued at $160,000, calculated by dividing that amount by Belden’s $104.79 closing stock price on May 21, 2026. This produced 1,527 shares of Common Stock awarded as part of the company’s long-term incentive program.