BELDEN INC. — Director's Dealing 2025

Mar 1, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BELDEN INC. (BDC)
CIK: 0000913142
Period of Report: 2025-02-26

Reporting Person: Lieser Brian (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-26	Common Stock	S	532	$110.06	Disposed	34599	Direct
2025-02-26	Common Stock	A	5379	—	Acquired	39978	Direct
2025-02-26	Common Stock	A	3577	—	Acquired	43555	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	371.7249	Indirect

Footnotes

F1: The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Lieser on November 7, 2024.

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: On February 22, 2022, the Reporting Person received a grant of 5,475 performance stock units ("PSUs"). Following the three-year performance period, a conversion factor of 1.935 was approved by the Company's Compensation Committee on February 26, 2025 and applied to the PSUs, resulting in an award of 10,594 shares, subject to tax withholding. The number in this cell reflects the after-tax number of shares delivered to the Reporting Person.

F4: Represents a grant of RSUs granted by the Company's Compensation Committee on February 26, 2025. 25% of the RSUs will vest on February 26, 2026, 25% of the RSUs will vest on February 26, 2027 and 50% of the RSUs will vest on February 26, 2028. Additional terms apply in the event of the holder's termination, death, disability or retirement.