BELDEN INC. (BDC)

Quarterly Report Filed: 2026-04-30

Key Insights

The filing shows a Q1 2026 10-Q for Belden Inc. with operations across three business segments: Broadband Solutions, Automation Solutions, and Smart Buildings Solutions, operating in Americas, EMEA, and Asia Pacific regions.
The company maintains a diversified debt structure with senior subordinated notes due 2027, 2028, 2031, and 2033, plus a revolving credit facility maturing in 2030, indicating active liability management and refinancing strategy.
The filing contains references to defined benefit pension plans and other post-retirement benefit obligations, suggesting significant long-term liability considerations that could impact future cash flows and financial flexibility.
A subsequent event was recorded on April 29, 2026, related to Ruckus Networks, indicating recent material corporate activity such as an acquisition, divestiture, or operational change that warrants investor attention.

Current Report Filed: 2026-04-30

Key Insights

Belden reported Q1 2026 financial results on April 30, 2026, with detailed results contained in the accompanying press release (Exhibit 99.1), though specific financial metrics are not detailed in this 8-K filing itself.
The filing was signed by Brian E. Anderson, Executive Vice President and Chief Legal and Risk Officer, indicating proper corporate authorization and governance compliance for the earnings announcement.
This is a routine quarterly earnings disclosure without any indication of material events, acquisitions, leadership changes, or other significant corporate actions that would warrant elevated investor concern or opportunity.

Current Report Filed: 2026-04-30

Key Insights

Belden is acquiring RUCKUS reporting segment from Vistance Networks for approximately $1.846 billion in cash, funded through a combination of cash on hand and committed debt financing, representing a significant strategic expansion.
The transaction is expected to close in the second half of 2026, subject to regulatory approvals including Hart-Scott-Rodino review and other governmental clearances, with an outside termination date of January 31, 2027 (extendable by three months for regulatory delays).
Vistance is subject to customary operating covenants requiring business continuity through closing and faces a three-year non-compete restriction post-closing, with fundamental representations and warranties surviving 36 months while others expire at closing, limited by representation and warranty insurance.

Insider Trading Filed: 2026-04-14

Key Insights

Brian Lieser, the Executive Vice President and Chief Communications Officer of Belden Inc., sold 2,719 shares of the company's common stock on April 14, 2026 at a price of $130.69 per share, pursuant to a Rule 10b5-1 trading plan.
Lieser continues to hold a significant indirect beneficial ownership of 635.9635 shares of Belden's common stock through the company's 401(k) plan.
The sale of shares by an executive officer may indicate a potential shift in their outlook on the company's future performance or an intention to diversify their personal investment portfolio.

Insider Trading Filed: 2026-03-11

Key Insights

The reporting person, Ashish Chand, who is the President and CEO of Belden Inc., acquired 10,898 shares of the company's common stock on March 11, 2026, likely as part of an equity compensation plan.
Chand also disposed of 6,053 shares of Belden Inc. common stock on the same date, likely to cover tax withholding obligations related to a prior restricted stock unit grant.
Chand continues to hold a substantial direct ownership stake in Belden Inc. of 162,473 shares, in addition to an indirect holding of 1,243.9223 shares through the company's 401(k) plan.

Insider Trading Filed: 2026-03-11

Key Insights

The reporting person, Brian Edward Anderson, received a grant of 5,781 shares of Belden Inc. common stock, after a performance factor was applied to the original grant of 5,479 performance stock units (PSUs).
Anderson also sold 1,207 shares of Belden Inc. common stock to cover tax withholding related to the vesting of a previous restricted stock unit grant.
Anderson continues to hold a direct ownership of 47,278 shares of Belden Inc. common stock, as well as an indirect ownership of 1,178 shares through the company's 401(k) plan.

Insider Trading Filed: 2026-03-11

Key Insights

The reporting person, Hiran Bhadra, acquired 2,526 shares of Belden Inc. common stock on March 11, 2026, likely through a vesting of performance stock units.
The reporting person disposed of 777 shares of Belden Inc. common stock on March 11, 2026, likely through a tax withholding related to the vesting of restricted stock units.
The reporting person holds a total of 34,258 shares of Belden Inc. common stock, including shares held in a 401(k) plan.

Insider Trading Filed: 2026-03-11

Key Insights

Insider Brian Lieser, EVP and Chief Communications Officer, acquired 2,160 shares of Belden Inc. (BDC) common stock on March 11, 2026, indicating his confidence in the company's future performance.
Lieser also disposed of 1,033 shares to cover tax withholding, suggesting he is holding on to a significant portion of his Belden stock.
Lieser's total beneficial ownership in Belden, including shares held in the company's 401(k) plan, increased to 36,311 shares, further aligning his interests with those of shareholders.

Insider Trading Filed: 2026-03-11

Key Insights

The reporting person, Jeremy E. Parks, received a grant of 7,868 shares of Belden Inc. common stock on March 11, 2026 after a three-year performance period, indicating the company's confidence in his leadership as the EVP and CFO.
Parks also held an additional 684.5915 shares of Belden Inc. common stock through the company's 401(k) plan, suggesting his alignment with the company's long-term success.
The company withheld 2,080 shares for tax purposes related to a previous restricted stock unit grant, which is a common practice for executive compensation.

Insider Trading Filed: 2026-03-11

Key Insights

Leah Tate, the EVP and Chief People/Strategy Officer of Belden Inc., acquired 2,779 shares of the company's common stock on March 11, 2026, likely as part of her compensation package.
Tate also disposed of 1,011 shares to cover tax withholding obligations, suggesting she is maintaining a significant direct ownership stake in the company.
In addition to her direct holdings, Tate has indirect ownership of 3,360 shares through her spouse and 1,295.6599 shares held in the company's 401(k) plan.

Insider Trading Filed: 2026-03-11

Key Insights

The reporting person, Doug Zink, who is the VP and CAO of Belden Inc., acquired 612 shares of Belden common stock on March 11, 2026, likely through a performance stock unit (PSU) grant.
Zink also disposed of 120 shares on the same day through a tax withholding transaction related to the vesting of a restricted stock unit grant.
The filing indicates that Zink holds a significant indirect beneficial ownership of Belden shares through the company's 401(k) plan, in addition to his direct ownership.

Insider Trading Filed: 2026-03-02

Key Insights

Ashish Chand, the President and CEO of Belden Inc., has acquired an additional 14,369 shares of the company's common stock, indicating his confidence in the company's performance.
Chand has also disposed of 3,034 shares through tax withholding, suggesting he is maintaining a significant ownership stake in the company.
The company's 2025 adjusted earnings per share (EPS) of $7.54 triggered a supplemental distribution of 0.54 shares per prior performance share unit (PSU) award, further aligning the CEO's interests with those of shareholders.

Insider Trading Filed: 2026-03-02

Key Insights

Insider Hiran Bhadra, the EVP - Chief Innovation Officer, acquired 2,674 shares of Belden Inc. (BDC) stock through a supplemental distribution related to the company's Stretch Achievement Share Award program.
Bhadra also had 742.1715 shares of Belden stock held indirectly through the company's 401(k) plan.
The filing shows that Bhadra engaged in a transaction to sell 352 shares to cover tax withholding related to the vesting of restricted stock units.

Insider Trading Filed: 2026-03-02

Key Insights

The reporting person, Brian Edward Anderson, is the EVP and Chief Legal Officer of Belden Inc. (BDC), indicating his senior leadership position within the company.
Anderson acquired 2,841 additional shares of BDC common stock on March 2, 2026, likely through the company's Stretch Achievement Share Award program, suggesting his commitment to the company's long-term success.
The reporting person also had 1,072.3106 shares of BDC common stock held indirectly through the company's 401(k) plan, providing further evidence of his alignment with shareholders.

Insider Trading Filed: 2026-02-27

Key Insights

The reporting person, Bradley Douglas Dineley, was granted 2,884 restricted stock units (RSUs) by the company's Compensation Committee on February 25, 2026. The RSUs will vest over a multi-year period, with 25% vesting in 2027, 25% in 2028, and 50% in 2029.
The RSU grant indicates the company is incentivizing the reporting person, an EVP of Digital & Operations, to continue in their role and drive long-term value creation.
This filing does not disclose any trading of the company's common stock by the reporting person, suggesting the insider is not selling shares and is aligned with shareholders.

Insider Trading Filed: 2026-02-27

Key Insights

The reporting person, Doug Zink, is the VP and CAO of Belden Inc. and has acquired 593 shares of the company's common stock through a restricted stock unit (RSU) grant.
Zink also holds an additional 1,167.1149 shares of Belden's common stock indirectly through the company's 401(k) plan.
The RSUs granted to Zink will vest over a three-year period, with 25% vesting on February 25, 2027, 25% on February 25, 2028, and 50% on February 25, 2029.

Insider Trading Filed: 2026-02-27

Key Insights

The reporting person, Leah Tate, was granted 3,444 restricted stock units (RSUs) by the company's Compensation Committee on February 25, 2026. The RSUs will vest over a three-year period, with 25% vesting each year on February 25.
Tate also owns 27,900 shares of Belden Inc. common stock directly, and an additional 3,360 shares indirectly through her spouse, as well as 1,180.575 shares held in the company's 401(k) plan.
The insider transaction suggests the company's leadership believes in the long-term prospects of the business, as evidenced by the RSU grant and Tate's existing shareholdings.

Insider Trading Filed: 2026-02-27

Key Insights

Jeremy E. Parks, the EVP - CFO of Belden Inc., has been granted 6,258 restricted stock units (RSUs) on February 25, 2026, which will vest over the next three years.
Parks also holds a balance of 574.294 shares of Belden Inc. common stock through the company's 401(k) plan.
The RSU grant and insider ownership suggest that the company's management is aligning their interests with shareholders through equity-based compensation.

Insider Trading Filed: 2026-02-27

Key Insights

Brian Lieser, the Executive Vice President and Chief Communications Officer of Belden Inc., has been granted 3,641 restricted stock units (RSUs) as part of the company's compensation program. This indicates the company's commitment to incentivizing and retaining key executives.
Lieser also holds 521.8845 shares of Belden Inc. common stock through the company's 401(k) plan, demonstrating his alignment with shareholder interests.
The vesting schedule of the RSUs, with 25% vesting in 2027, 25% in 2028, and 50% in 2029, suggests a long-term focus on Lieser's part and the company's desire to retain him over the coming years.

Insider Trading Filed: 2026-02-27

Key Insights

The filing shows that Ashish Chand, the President and CEO of Belden Inc., was granted 25,032 restricted stock units (RSUs) on February 25, 2026, which will vest over the next 3 years. This indicates Chand's ongoing commitment to the company and alignment with shareholder interests.
Chand also holds 1,158.9304 shares of Belden Inc. common stock through the company's 401(k) plan, suggesting he has a significant personal investment in the company's success.
The filing does not indicate any other changes in Chand's beneficial ownership, suggesting he has not made any recent significant purchases or sales of Belden Inc. stock.

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Key Insights

Important Information