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Bel Fuse (BELFB) VP awarded 419 restricted Class B shares with 3-year vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Berry Joseph reported acquisition or exercise transactions in this Form 4 filing.

Bel Fuse Inc. reported that executive Joseph Berry, VP and President of Magnetic Solutions, received a grant of 419 restricted shares of Class B Common Stock at no cost on March 15, 2026. These restricted shares vest in three annual installments: 140 shares on March 15, 2027, 140 shares on March 15, 2028, and 139 shares on March 15, 2029.

After this award, Berry directly holds 18,193 Class B shares. He also has indirect holdings through a 401(k) plan, estimated at 1,332 Class B shares and 2,793 Class A shares, reflecting retirement-plan ownership in the company in addition to his direct stake.

Positive

  • None.

Negative

  • None.
Insider Berry Joseph
Role VP, Pres of Magnetic Solutions
Type Security Shares Price Value
Grant/Award Class B Common Stock 419 $0.00 --
holding Class B Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class B Common Stock — 18,193 shares (Direct); Class B Common Stock — 1,332 shares (Indirect, By 401(k) Plan); Class A Common Stock — 2,793 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. The number of shares held in the 401(k) plan is estimated. Mr. Berry was granted 419 restricted shares of Class B Common Stock on March 15, 2026. The restricted shares vest as follows: 140 shares vest as of March 15, 2027; 140 shares vest as of March 15, 2028; and 139 shares vest as of March 15, 2029.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Berry Joseph
(Last) (First) (Middle)
C/O BEL FUSE INC.
300 EXECUTIVE DRIVE, SUITE 300
(Street)
WEST ORANGE NJ 07052
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BEL FUSE INC /NJ [ BELFB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Pres of Magnetic Solutions
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 03/15/2026 A 419(2) A $0 18,193 D
Class B Common Stock 1,332(1) I By 401(k) Plan
Class A Common Stock 2,793(1) I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The number of shares held in the 401(k) plan is estimated.
2. Mr. Berry was granted 419 restricted shares of Class B Common Stock on March 15, 2026. The restricted shares vest as follows: 140 shares vest as of March 15, 2027; 140 shares vest as of March 15, 2028; and 139 shares vest as of March 15, 2029.
/s/ Lynn Hutkin 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Joseph Berry report for BELFB?

Joseph Berry reported receiving a grant of 419 restricted shares of Bel Fuse Class B Common Stock. The shares were awarded at no cost as part of his compensation and are scheduled to vest in three equal annual installments plus a final slightly smaller tranche.

How do Joseph Berry’s 419 restricted Bel Fuse shares vest?

The 419 restricted Class B shares vest over three years. 140 shares vest on March 15, 2027, another 140 on March 15, 2028, and the remaining 139 on March 15, 2029, creating a multi-year incentive tied to continued service with Bel Fuse.

How many Bel Fuse Class B shares does Joseph Berry hold after this grant?

Following the grant, Joseph Berry directly holds 18,193 shares of Bel Fuse Class B Common Stock. This total reflects his personal ownership and excludes additional indirect holdings he has through an employer-sponsored 401(k) retirement plan invested in company stock.

What Bel Fuse shares does Joseph Berry hold through his 401(k) plan?

Through his 401(k) plan, Joseph Berry has estimated indirect holdings of 1,332 shares of Bel Fuse Class B Common Stock and 2,793 shares of Class A Common Stock. These positions are part of his retirement savings rather than directly held trading shares.

Was Joseph Berry’s Bel Fuse share grant a market purchase or a compensation award?

The 419 Bel Fuse Class B shares were a compensation-related award, not a market purchase. They were granted at a price of $0.00 per share, consistent with restricted stock awards typically used to align executive incentives with long-term company performance.

Does this Form 4 show any Bel Fuse share sales by Joseph Berry?

This Form 4 does not report any share sales by Joseph Berry. It records a grant of 419 restricted Class B shares and provides updated direct and indirect holdings, including retirement-plan positions, without showing any open-market or other dispositions.