Bel Fuse director plans $250K Class B share sale
BEL FUSE INC /NJ (BELFA) received a notice that director Vincent Vellucci plans to sell 1,000 shares of Class B Common Stock under Rule 144.
Rhea-AI Filing Summary
BEL FUSE INC /NJ (BELFA) received a notice that director Vincent Vellucci plans to sell 1,000 shares of Class B Common Stock under Rule 144. The shares were acquired through RSU stock grants as equity compensation on May 15, 2020, and the proposed sale is listed with an aggregate market value of $250,000.
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Key Figures
Shares proposed for sale: 1,000 shares
Aggregate market value: $250,000.00
Shares outstanding (Class B context): 12,324,187 shares
+2 more
5 metrics
Shares proposed for sale
1,000 shares
Class B Common Stock in Rule 144 notice by director Vincent Vellucci
Aggregate market value
$250,000.00
Value listed for 1,000 Class B shares to be sold
Shares outstanding (Class B context)
12,324,187 shares
Figure shown alongside the Class B Common Stock sale information
Acquisition date of shares
May 15, 2020
Date RSU stock grants were received as equity compensation
Proposed sale date
September 14, 2026
Date listed with NASDAQ for the Class B Common Stock sale
Key Terms
Rule 144, RSU Stock Grants, Equity Compensation
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
RSU Stock Grants financial
"Class B Common Stock | 05/15/2020 | RSU Stock Grants | Issuer"
Equity Compensation financial
"1000 | 05/15/2020 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BELFA disclose in this Form 144 filing?
BEL FUSE INC /NJ disclosed that director Vincent Vellucci filed a Rule 144 notice for a proposed sale of 1,000 shares of Class B Common Stock, with an indicated aggregate market value of $250,000 through a broker affiliated with Merrill Lynch.
Which broker is listed for the BELFA Rule 144 sale?
The filing lists The Vedder Group, Merrill Lynch, Pierce, Fenner & Smith Inc. with an address in Poughkeepsie, New York as the broker handling the proposed Rule 144 sale of BELFA Class B Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.