BELDEN INC.: management transactions · United States · SEC (Form 4)

About BELDEN INC.

Belden Inc. (ticker BDC) is an industrial company listed on the NYSE in the United States (United States), focused on specialty networking, connectivity, and infrastructure solutions for mission-critical environments. The company traces its roots back to 1902, when Joseph C. Belden founded the Belden Manufacturing Company. Headquartered in St. Louis, Missouri, Belden began as a wire and cable producer and has evolved over more than a century into a broader provider of network infrastructure, industrial connectivity, and digitalization solutions. From an equity analyst perspective, Belden’s investment case is centered on its transition from a traditional cable manufacturer to a solutions-led business. Its portfolio includes industrial and specialty cables, fiber and copper connectivity products, network switches, edge connectivity components, and software-enabled tools for monitoring, managing, and securing industrial and enterprise networks. This makes Belden relevant across a wide range of end markets, including manufacturing, energy, transportation, smart buildings, critical infrastructure, healthcare, education, and hospitality. The company is increasingly positioning itself as a provider of complete connection solutions rather than a pure-play hardware vendor. That shift is important competitively: it allows Belden to compete not only on product performance, but also on system integration, reliability, cybersecurity, and customer outcomes. In practical terms, the business benefits from the rising demand for secure, high-performance networks at the edge, especially as industrial customers pursue IT/OT convergence and digital transformation. Belden has a global operating footprint, with manufacturing, warehousing, sales, and administrative locations around the world. This international reach supports its ability to serve multinational customers and diversify end-market exposure. While the company remains strongly rooted in industrial connectivity, its brand evolution and product strategy increasingly emphasize higher-value, technology-rich offerings. Recent developments are consistent with that strategy. In 2025, Belden launched new connectivity and cybersecurity products for industrial and smart infrastructure applications. It also reported record fiscal 2025 results, including revenue of $2.715 billion, underscoring improving commercial momentum and organic growth. In April 2026, Belden announced the acquisition of RUCKUS Networks for approximately $1.85 billion, a transformative move that adds Wi‑Fi and enterprise switching capabilities and accelerates Belden’s move toward a full-stack IT/OT networking platform. For investors, Belden stands out as a U.S.-listed industrial technology company on the NYSE with an increasingly differentiated portfolio, solid execution, and strategic optionality through M&A.