Ashish Chand - 21 Feb 2025 Form 4 Insider Report for BELDEN INC. (BDC)

Signature
/s/ Brian E. Anderson, attorney-in-fact for Ashish Chand
Issuer symbol
BDC
Transactions as of
21 Feb 2025
Transactions value $
-$1,619,969
Form type
4
Filing time
25 Feb 2025, 21:05:16 UTC
Previous filing
10 Sep 2024
Next filing
27 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDC Common Stock Tax liability $0 -3,947 -3.1% $0 124,210 21 Feb 2025 Direct F1
transaction BDC Common Stock Tax liability $0 -2,546 -2% $0 121,664 24 Feb 2025 Direct F3
transaction BDC Common Stock Sale -$1,619,969 -14,535 -12% $111.45 107,129 24 Feb 2025 Direct F4, F5
holding BDC Common Stock 1,009 21 Feb 2025 By 401(k) Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Shares withheld for tax purposes related to portion of February 21, 2024 restricted stock unit grant that vested on February 21, 2025.
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 February 22, 2022 restricted stock unit grant that vested on February 24, 2025.
F4 The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Chand on November 1, 2024.
F5 This price represents the average sale price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $109.55 to $112.51. Upon request by the SEC staff, the Issuer or a security holder of the Issuer, the Reporting Person will undertake to provide full information regarding the number of shares and prices at which transactions were effected.