Bel Fuse (BELFA) CEO receives 5,081-share Class B stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tuweiq Farouq Salem Ali reported acquisition or exercise transactions in this Form 4 filing.
Bel Fuse Inc. President and CEO Farouq Salem Ali Tuweiq reported an equity award of 5,081 restricted shares of Class B Common Stock on March 15, 2026, granted at $0.00 per share as compensation. The award vests in three annual installments: 1,694 shares on March 15, 2027, 1,694 shares on March 15, 2028, and 1,693 shares on March 15, 2029. After this grant, he holds 35,918 Class B shares directly and 1,475 Class A shares indirectly through a 401(k) plan, with the plan holdings noted as estimated.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tuweiq Farouq Salem Ali
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 5,081 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 35,918 shares (Direct);
Class A Common Stock — 1,475 shares (Indirect, by 401(k) plan)
Footnotes (1)
- The number of shares held in the 401(k) Plan is estimated. Mr. Tuweiq was granted 5,081 restricted shares of Class B Common Stock on March 15, 2026. The restricted shares vest as follows: 1,694 shares vest as of March 15, 2027; 1,694 shares vest as of March 15, 2028; and 1,693 shares vest as of March 15, 2029.
FAQ
What insider transaction did Bel Fuse (BELFA) report for its CEO?
Bel Fuse reported that President and CEO Farouq Salem Ali Tuweiq received 5,081 restricted shares of Class B Common Stock as a compensation grant on March 15, 2026. The award was granted at no cash cost per share and vests over three years.
Was the Bel Fuse CEO’s March 15, 2026 grant an open-market stock purchase?
No. The Form 4 classifies the transaction with code A as a grant or award, not an open-market purchase. The 5,081 Class B shares were issued at a stated price of $0.00 per share as part of equity compensation, rather than being bought on the market.
Does this Bel Fuse Form 4 show any insider stock sales by the CEO?
The summarized data indicate one acquisition transaction, a grant of 5,081 Class B restricted shares, and no reported open-market sales. There are no sell transactions coded in the filing, and the transactionSummary lists zero sellCount and zero sellShares.