BDC Insider Trading

Belden Inc. (BDC) operates in the Technology sector, specifically the Communication Equipment industry, with a market capitalization near $4.24B, listed on NYSE, employing roughly 8,000 people, carrying a beta of 1.13 to the broader market. Belden Inc. Led by Ashish Chand, public since 1993-11-24.

In the last 12 months, Belden Inc. insiders made 0 buy transactions and 11 sale transactions.

DateNameTypeSharesPriceValue
Sep 16, 2026Lieser BrianS-Sale1,900$114.39$217.3K
Aug 13, 2026Anderson Brian EdwardG-Gift1,310$0.00$0
Aug 10, 2026Anderson Brian EdwardG-Gift385$0.00$0
Aug 5, 2026BALK LANCE CG-Gift10,000$0.00$0
Jul 7, 2026Zink DougJ-Other213$99.65$21.2K
Jul 7, 2026Tate LeahJ-Other213$99.65$21.2K
Jul 7, 2026Lieser BrianJ-Other85$99.65$8.5K
Jul 7, 2026Chand AshishJ-Other213$99.65$21.2K
Jul 7, 2026Bhadra HiranJ-Other213$99.65$21.2K
Jul 7, 2026Anderson Brian EdwardJ-Other213$99.65$21.2K

BDC Insider Activity by Quarter

Reported Form 4 and Form 5 lines under BDC's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Mar 17, 2022, and a quarter counts only when every filing for it was read. 1 line filed under another SEC company ID is not counted.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A0
Q3 20260N/A1$217.3K10
Q2 20260N/A1$355.3K9
Q1 20260N/A3$639.6K59
Q4 20250N/A6$1.7M13
Q3 20250N/A3$1.5M21
Q2 20250N/A3$93.8K17
Q1 20250N/A10$3.3M55
Q4 20240N/A2$542.0K38

Filings Under Another SEC Company ID

1 filing line on file was filed under an SEC company ID (CIK) other than BDC's (913142). Such a filing can be a predecessor company's (one that reorganized, redomiciled or converted files under a new CIK), a former holder of the BDC ticker's, or another company's that BDC or its insiders report holding; the CIK alone does not say which. It is not counted in the figures above.

CIKLinesDatesSecurities
19301471Apr 30, 2026Common Shares of Beneficial Interest

BDC Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 373 institutions reported holding 41,654,253 BDC shares, valued at $4.99B as reported, 107.6% of its market cap (market cap of Jun 26, 2026). That is -13 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 44 opened a position, 57 closed one, 136 added and 132 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
BlackRock, Inc.5,141,658$616.5M+223,785
FMR LLC4,046,029$485.2M+122,035
PRICE T ROWE ASSOCIATES INC /MD/3,471,129$416.2M-45,952
VANGUARD PORTFOLIO MANAGEMENT LLC2,758,725$330.8M+56,396
VANGUARD CAPITAL MANAGEMENT LLC1,753,428$210.3M+11,065
STATE STREET CORP1,504,721$180.5M+23,029
WELLINGTON MANAGEMENT GROUP LLP1,431,187$171.6M-157,218
FULLER & THALER ASSET MANAGEMENT, INC.1,176,261$141.0M+125,934
DIMENSIONAL FUND ADVISORS LP1,127,823$135.2M+94,974
GEODE CAPITAL MANAGEMENT, LLC1,066,428$127.9M+57,775

By Quarter

QuarterInstitutionsSharesValue
Q2 202637341,654,253$4.99B
Q1 202638639,841,826$4.57B
Q4 202535940,830,625$4.76B
Q3 202533640,247,071$4.84B
Q2 202534240,004,324$4.63B
Q1 202533539,662,800$3.98B
Q4 202433840,966,555$4.61B
Q3 202430541,158,448$4.81B
Q2 202429243,064,218$4.04B

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding BDC

FundWeight of BDCShares (as reported)Value (as reported)Source updated
VTI Vanguard Morningstar Total Stock Market ETF0.01%1,239,337$141.9MOct 7, 2026
IWM iShares Russell 2000 ETF0.14%1,034,574$113.2MOct 8, 2026
VB Vanguard Morningstar Small-Cap ETF0.05%896,398$102.6MOct 7, 2026
VGT Vanguard Information Technology ETF0.05%801,007$91.7MOct 7, 2026
VBR Vanguard Morningstar Small-Cap Value ETF0.10%569,060$65.1MOct 7, 2026
VXF Vanguard Extended Market ETF0.05%452,538$51.8MOct 7, 2026
IWO iShares Russell 2000 Growth ETF0.29%368,475$40.3MOct 8, 2026
MDY State Street SPDR S&P MIDCAP 400 ETF Trust0.12%291,504$32.4MOct 8, 2026
VTWO Vanguard Russell 2000 ETF0.14%226,469$25.9MOct 7, 2026
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF0.13%209,182$23.2MOct 8, 2026
SCHA Schwab U.S. Small-Cap ETF0.11%205,704$23.0MOct 8, 2026
TMSL T. Rowe Price Small-Mid Cap ETF0.60%164,304$18.6MOct 8, 2026
DFAC Dimensional - US Core Equity 2 ETF0.02%128,441$14.5MOct 8, 2026
FNDA Schwab Fundamental U.S. Small Company Index ETF0.15%120,231$13.6MOct 7, 2026
FTEC Fidelity MSCI Information Technology Index ETF0.05%103,539$11.3MOct 8, 2026

From each fund's latest holdings file on record that shows BDC's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as BDC's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for BDC reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is BDC's share of that fund.

How to Read BDC Insider Activity

Net insider sentiment skews to the sell side over the trailing twelve months: 11 sales versus 0 buys. Insider sales carry less informational weight than buys because they are often driven by liquidity, tax planning, or pre-scheduled Rule 10b5-1 trading plans rather than negative information. The transaction type alone does not say whether a sale was made on the open market or privately, or under a 10b5-1 plan; the filing's plan checkbox and footnotes do. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked BDC insider trading questions

How active are BDC insiders right now?
Over the trailing twelve months, Belden Inc. (BDC) insiders made 0 buy transactions and 11 sale transactions. Net insider sentiment over the trailing twelve months tilts to the sell side (11 sales vs 0 buys). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are BDC insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do BDC insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.