Bel Fuse (BELFA) director awarded 1,030 restricted Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith Rita reported acquisition or exercise transactions in this Form 4 filing.
BEL FUSE INC director Dr. Rita Smith received a grant of 1,030 restricted shares of Class B Common Stock as compensation. These restricted shares vest in stages: 343 shares on March 15, 2027, 343 shares on March 15, 2028, and 344 shares on March 15, 2029. After this award, Dr. Smith directly holds a total of 5,827 Class B shares. The grant is a stock-based award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Rita
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 1,030 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 5,827 shares (Direct)
Footnotes (1)
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FAQ
What did the Bel Fuse (BELFA) Form 4 report for Dr. Rita Smith?
The Form 4 reports that director Dr. Rita Smith received a grant of 1,030 restricted shares of Bel Fuse Class B Common Stock, increasing her direct holdings to 5,827 shares. This is a stock-based compensation award, not an open-market share purchase.
Is Dr. Rita Smith’s Bel Fuse (BELFA) stock award an open-market purchase?
No, the transaction is a compensation grant of restricted Class B Common Stock at a stated price of $0.00 per share. It reflects stock-based director compensation rather than an open-market buy, and the award vests over three years from March 2027 through March 2029.