BELDEN INC

Ticker: BDC CUSIP: 077454106 Class: Common Stock

Watershed Asset Management, L.L.C.'s Holding History (CIK: 0001315926)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 4,021 Value ($000) $469 Avg Close $116.62 Range $105.70 - $128.97

Q3 2023

Shares 2,844 Value ($000) $275 Avg Close $92.98 Range $83.82 - $98.64

Q2 2023

Shares 3,112 Value ($000) $298 Avg Close $85.20 Range $75.76 - $96.26

Q1 2023

Shares 3,273 Value ($000) $284 Avg Close $82.45 Range $71.94 - $91.77

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	4,021	$469	$116.62	$105.70 - $128.97
Q3 2023	2,844	$275	$92.98	$83.82 - $98.64
Q2 2023	3,112	$298	$85.20	$75.76 - $96.26
Q1 2023	3,273	$284	$82.45	$71.94 - $91.77