Brian E. Anderson - Aug 15, 2024 Form 4 Insider Report for BELDEN INC. (BDC)

Signature
/s/ Brian E. Anderson
Stock symbol
BDC
Transactions as of
Aug 15, 2024
Transactions value $
-$658,601
Form type
4
Date filed
8/15/2024, 06:05 PM
Previous filing
Aug 14, 2024
Next filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDC Common Stock Sale -$659K -6.56K -16.65% $100.46 32.8K Aug 15, 2024 Direct F1, F2
holding BDC Common Stock 898 Aug 15, 2024 By 401(k) Plan
* 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 The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Anderson on May 9, 2024.
F2 This price represents the average sale price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $100.00 to $101.29. 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.