Bel Fuse (BELFA) director sells 4,500 Class B shares near $239

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.

Insights

Equity ownership & governance analyst

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.

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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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^*

GILBERT PETER E

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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	02/24/2026		S		4,500(1)	D	$238.75	15,047	D
Class B Common Stock								1,250	I	By wife
Class A Common Stock								500	D

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. 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.

	/s/ Lloyd Jeglikowski, Attorney-in-Fact	02/25/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Bel Fuse (BELFA) report for Peter E. Gilbert?

Bel Fuse director Peter E. Gilbert reported an open-market sale of 4,500 shares of Class B Common Stock. The weighted average sale price was $238.75 per share, with trades executed between $238.38 and $239.00 on the transaction date.

At what prices were Peter E. Gilbert’s Bel Fuse Class B shares sold?

The Class B shares were sold at a weighted average price of $238.75 per share. According to the filing, multiple trades occurred in a narrow range between $238.38 and $239.00, reflecting typical execution across several transactions that day.

How many Bel Fuse Class B shares does Peter E. Gilbert own after the reported sale?

After the sale, Peter E. Gilbert directly owns 15,047 Class B Common Stock shares. In addition, the filing shows indirect ownership of 1,250 Class B shares held by his wife, which are reported separately as indirect beneficial ownership.

Does Peter E. Gilbert hold any Bel Fuse Class A Common Stock after this Form 4?

Yes. The Form 4 shows that Peter E. Gilbert directly holds 500 shares of Class A Common Stock after the reported transactions. These Class A holdings are separate from his Class B holdings and are listed as direct ownership in the filing.

What is the net share impact of Peter E. Gilbert’s Bel Fuse transactions on this Form 4?

The transaction summary indicates a net-sell of 4,500 shares. There was one reported sale of Class B Common Stock totaling 4,500 shares, with no corresponding purchases or derivative exercises reported for the same date in this Form 4.

How does the Form 4 describe the nature of Peter E. Gilbert’s Bel Fuse share sale?

The filing describes the transaction as an open-market sale of Class B Common Stock. It also notes the price shown is a weighted average and offers to provide full execution details by price level upon request to the company or regulators.