Bel Fuse VP granted 419 restricted Class B shares
Berry Joseph reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 419 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The number of shares held in the 401(k) plan is estimated.
- F2. 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.
FAQ
What insider transaction did Joseph Berry report for BELFB?
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