BELDEN INC. — Director's Dealing 2025

Feb 26, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BELDEN INC. (BDC)
CIK: 0000913142
Period of Report: 2025-02-21

Reporting Person: Tate Leah (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-21	Common Stock	F	435	—	Disposed	22808	Direct
2025-02-24	Common Stock	F	241	—	Disposed	22567	Direct
2025-02-24	Common Stock	M	441	$53.79	Acquired	23008	Direct
2025-02-24	Common Stock	D	277	$111.09	Disposed	22731	Direct
2025-02-25	Common Stock	S	164	$111.76	Disposed	22567	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-24	Stock Appreciation Rights	$53.79	M	441	Disposed	2032-02-22	Common Stock (441)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3360	Indirect
Common Stock	1030.1076	Indirect

Footnotes

F1: Shares withheld for tax purposes related to portion of February 21, 2024 restricted stock unit grant that vested on February 21, 2025.

F2: Shares withheld for tax purposes related to February 22, 2022 restricted stock unit grant that vested on February 24, 2025.

F3: Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.

F4: The exercise reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Tate on November 8, 2024.

F5: This represents the difference between the number of SARs exercised (441) and the number of shares issued as a result of the exercise (164). 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 ($111.09) and the exercise price ($53.79). Additional shares were then withheld to satisfy the Company's tax withholding obligations.

F6: The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Tate on November 8, 2024.