BELDEN INC.·4

Dec 8, 4:25 PM ET

Bhadra Hiran 4

4 · BELDEN INC. · Filed Dec 8, 2025

Insider Transaction Report

Form 4
Period: 2025-12-04
Bhadra Hiran
EVP - Chief Innovation Officer
Transactions
  • Exercise/Conversion

    Common Stock Holding

    2025-12-04$54.89/sh+4,847$266,05230,966 total
  • Disposition to Issuer

    Common Stock Holding

    2025-12-04$120.69/sh3,247$391,89727,719 total
  • Sale

    Common Stock Holding

    2025-12-05$120.00/sh1,600$192,00026,119 total
  • Exercise/Conversion

    Stock Appreciation Rights

    2025-12-044,8470 total
    Exercise: $54.89Exp: 2032-03-14Common Stock (4,847 underlying)
Holdings
  • Common Stock Holding

    (indirect: By 401(k))
    717.96
Footnotes (5)
  • [F1]The exercise reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Bhadra on August 15, 2025.
  • [F2]This represents the difference between the number of SARs exercised (4,847) and the number of shares issued as a result of the exercise (1,600). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date of exercise ($120.695) and the exercise price ($54.89). Additional shares were then withheld to satisfy the Company's tax withholding obligations.
  • [F3]The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Bhadra on August 15, 2025.
  • [F4]Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.
  • [F5]The original grant of stock appreciation rights became exercisable in equal portions on the first three anniversaries of the grant date.

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