Brian Lieser - Feb 23, 2024 Form 4 Insider Report for BELDEN INC. (BDC)

Role
EVP, Indust. Automation Solut.
Signature
/s/ Brian E. Anderson, attorney-in-fact for Brian Lieser
Stock symbol
BDC
Transactions as of
Feb 23, 2024
Transactions value $
-$169,209
Form type
4
Date filed
2/26/2024, 12:09 PM
Previous filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BDC Common Stock -Sell -$169,209 -2,056 -8.63% $82.30 21,772 Feb 23, 2024 Direct F1
holding BDC Common Stock 205 Feb 23, 2024 By 401(k) Plan F2

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. Lieser on November 14, 2023.
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.