BEL FUSE executive awarded 3,049 Class B shares
Smelker Thomas reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Smelker Thomas reported acquisition or exercise transactions in this Form 4 filing.
BEL FUSE INC executive Thomas Smelker, President – Connectivity Solution, reported an equity compensation grant and an update to plan holdings. He was granted 3,049 restricted shares of Class B Common Stock on March 15, 2026 at a stated price of $0.00 per share, reflecting a stock award rather than a market purchase.
The restricted Class B shares vest over three years: 1,016 shares on March 15, 2027, 1,016 shares on March 15, 2028, and 1,017 shares on March 15, 2029. After this grant, he directly holds 3,049 Class B shares. The filing also reports an estimated 62 Class A Common shares held indirectly through a 401(k) plan via a discretionary transaction under Rule 16b-3(f), with no open‑market buys or sells disclosed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 3,049 | $0.00 | $0.00 |
| Discretionary | Class A Common Stock | 62 | $0.00 | $0.00 |
Footnotes (2)
- F1. Mr. Smelker was granted 3,049 restricted shares of Class B Common Stock on March 15, 2026. The restricted shares vest as follows: 1,016 shares vest as of March 15, 2027; 1,016 shares vest as of March 15, 2028; and 1,017 shares vest as of March 15, 2029.
- F2. The number of shares held in the 401(k) plan is estimated.
FAQ
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What did BEL FUSE (BELFB) executive Thomas Smelker report in this Form 4?
Did Thomas Smelker buy or sell BEL FUSE stock on the open market in this Form 4?
What does the discretionary 401(k) transaction mean in Thomas Smelker’s BEL FUSE filing?
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