BEL FUSE executive awarded 3,049 Class B shares

Smelker Thomas reported acquisition or exercise transactions in this Form 4 filing.

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

2 transactions reported

Mixed 2 txns

Insider Smelker Thomas

Role Pres. - Connectivity Solution

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

Holdings After Transaction: Class B Common Stock — 3,049 shares (Direct); Class A Common Stock — 62 shares (Indirect, by 401(k) plan)

Footnotes (2)

1. 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.
2. F2. The number of shares held in the 401(k) plan is estimated.

FAQ

What did BEL FUSE (BELFB) executive Thomas Smelker report in this Form 4?

Thomas Smelker reported an equity award and plan holdings. He received 3,049 restricted Class B shares and disclosed 62 Class A shares held in a 401(k) plan, with no open-market stock purchases or sales reported in this filing.

How many BEL FUSE Class B shares did Thomas Smelker receive and how do they vest?

He received 3,049 restricted Class B shares as an equity grant. These vest in three tranches: 1,016 shares on March 15, 2027; 1,016 shares on March 15, 2028; and 1,017 shares on March 15, 2029, subject to continued service.

Did Thomas Smelker buy or sell BEL FUSE stock on the open market in this Form 4?

No open-market buys or sells were reported. The filing shows a grant of 3,049 restricted Class B shares at a stated price of $0.00 per share and a discretionary transaction related to 62 Class A shares in a 401(k) plan.

What are Thomas Smelker’s BEL FUSE share holdings after these transactions?

Following the reported transactions, he directly holds 3,049 shares of Class B Common Stock. He also has an estimated 62 shares of Class A Common Stock held indirectly through a 401(k) plan, according to the Form 4 disclosure.

What does the discretionary 401(k) transaction mean in Thomas Smelker’s BEL FUSE filing?

The Form 4 describes a discretionary transaction under Rule 16b-3(f) for 62 Class A shares in a 401(k) plan. This reflects plan-level activity or allocation, not a standard open-market purchase or sale of BEL FUSE stock by the executive.

Is the 3,049-share BEL FUSE award to Thomas Smelker a cash transaction?

No, it is an equity compensation grant. The 3,049 restricted Class B shares were reported at a transaction price of $0.00 per share, indicating a stock award provided as part of his compensation rather than a cash-funded stock purchase.

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Accepted by SEC EDGAR 03/17/2026 - 04:45 PM Learn about SEC filing dates

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
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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^*

Smelker Thomas

(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)
	Pres. - Connectivity Solution

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		3,049(1)	A	$0	3,049	D
Class A Common Stock	03/15/2026		I		62(2)	A	$0	62	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. 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.

2. The number of shares held in the 401(k) plan is estimated.

	/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.
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