Bel Fuse director sells 4,500 Class B shares
Bel Fuse Inc. director Peter E. Gilbert reported selling 4,500 shares of Class B Common Stock in an open-market transaction.
Rhea-AI Filing Summary
Bel Fuse Inc. director Peter E. Gilbert reported selling 4,500 shares of Class B Common Stock in an open-market transaction. The weighted average sale price was $238.75 per share, with individual trades executed between $238.38 and $239.00. After this sale, he directly holds 15,047 Class B shares and 500 Class A shares. An additional 1,250 Class B shares are reported as indirectly owned through his wife.
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Insights
Director reports an open-market share sale with modest size and detailed pricing.
Director Peter E. Gilbert recorded an open-market sale of 4,500 shares of Bel Fuse Class B Common Stock at a weighted average price of $238.75 per share. The filing specifies that trades occurred in a narrow range between $238.38 and $239.00, which is typical execution detail for institutional-style selling.
Following the sale, the director still holds 15,047 Class B shares and 500 Class A shares directly, plus 1,250 Class B shares indirectly through his wife. The transaction summary shows a net-sell of 4,500 shares, with no reported purchases or derivative activity on that date. As a single disclosed sale by one director, this event is generally viewed as routine and its overall impact on the broader investment thesis is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 4,500 | $238.75 | $1.07M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- F1. This price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $238.38 to $239.00, inclusive. The reporting person undertakes to provide to Bel Fuse Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
FAQ
What insider transaction did Bel Fuse (BELFA) report for Peter E. Gilbert?
Does Peter E. Gilbert hold any Bel Fuse Class A Common Stock after this Form 4?
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