Bel Fuse Inc. Schedule 13G reports that Highbridge Capital Management, LLC beneficially owns 138,469 shares of Class A Common Stock, representing 6.5% of the class. The percentage is calculated using 2,115,263 shares outstanding as of January 31, 2026, per the issuer's Form 10-K. Highbridge states the shares are directly held by funds it advises, including Highbridge Tactical Credit Master Fund, L.P., which holds more than 5% of the class. The filing is signed by Kirk Rule, Executive Director, on May 15, 2026.
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Insights
Highbridge reports a 6.5% passive stake in Bel Fuse Class A stock.
Highbridge Capital Management discloses beneficial ownership of 138,469 shares, calculated against 2,115,263 shares outstanding as of January 31, 2026. The position is held by funds advised by Highbridge and appears in a Schedule 13G filing format.
Ownership is reported as passive under the Schedule 13G framework; cash‑flow treatment and planned transactions are not stated in the excerpt. Subsequent filings would show any changes to voting or disposition intent.
Filing highlights fund-level beneficial ownership and voting/dispositive power details.
The cover data shows sole voting power and sole dispositive power of 138,469 shares for the Reporting Person. The statement notes the shares are held on behalf of Highbridge Funds and identifies the fund that holds >5%.
Qualifiers in the filing link the percentage to the issuer's 2025 Form 10-K share count; any governance influence depends on future actions disclosed in filings.
Key Figures
Shares beneficially owned:138,469 sharesPercent of class:6.5%Shares outstanding:2,115,263 shares+2 more
5 metrics
Shares beneficially owned138,469 sharesReported by Highbridge Capital Management
Percent of class6.5%Calculated using shares outstanding as of <date>January 31, 2026</date>
Shares outstanding2,115,263 sharesOutstanding as of <date>January 31, 2026</date> per issuer Form 10-K
CUSIP077347201Class A Common Stock CUSIP
Filing signature date05/15/2026Signed by Kirk Rule, Executive Director
Key Terms
Schedule 13G, Beneficial ownership, Sole dispositive power
3 terms
Schedule 13Gregulatory
"This statement is filed by Highbridge Capital Management, LLC"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficial ownershipregulatory
"Amount beneficially owned: The information required by Item 4(a) is set forth"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole dispositive powerfinancial
"Sole Dispositive Power 138,469.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
What stake does Highbridge Capital report in BELFA?
Highbridge reports beneficial ownership of 138,469 shares, equal to 6.5% of Class A Common Stock. The percentage uses 2,115,263 shares outstanding as of January 31, 2026 from the issuer's Form 10-K.
Does the Schedule 13G indicate control of BELFA by Highbridge?
No. The filing is a Schedule 13G, which typically reports passive holdings. It shows sole voting and dispositive power for the Reporting Person over the reported shares but does not assert control or intent to influence management.
Which Highbridge fund holds more than 5% of BELFA Class A shares?
The filing identifies Highbridge Tactical Credit Master Fund, L.P. as a Highbridge Fund with the right to receive dividends or sale proceeds for more than 5% of the outstanding Class A Common Stock.
What is the reference share count used to calculate the 6.5% stake?
The percentage is calculated using 2,115,263 shares outstanding as of January 31, 2026, as reported in Bel Fuse's Annual Report on Form 10-K for the year ended December 31, 2025, filed February 24, 2026.
When was the Schedule 13G signed and filed?
The Schedule 13G excerpt is signed by Kirk Rule, Executive Director, on May 15, 2026. The filing cites the outstanding share count from Bel Fuse's Form 10-K filed February 24, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Bel Fuse Inc.
(Name of Issuer)
Class A Common Stock, par value $0.10 per share
(Title of Class of Securities)
077347201
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
077347201
1
Names of Reporting Persons
Highbridge Capital Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
138,469.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
138,469.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
138,469.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.5 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Bel Fuse Inc.
(b)
Address of issuer's principal executive offices:
300 Executive Drive, Suite 300, West Orange, NJ 07052
Item 2.
(a)
Name of person filing:
This statement is filed by Highbridge Capital Management, LLC ("Highbridge" or the "Reporting Person"), a Delaware limited liability company and the investment adviser to certain funds and accounts (the "Highbridge Funds"), with respect to the Class A common stock, par value $0.10 per share ("Class A Common Stock") of Bel Fuse Inc., a New Jersey corporation (the "Issuer"), directly held by the Highbridge Funds;
The filing of this statement should not be construed as an admission that any of the foregoing persons or the Reporting Person is, for the purposes of Section 13 of the Securities Exchange Act of 1934, the beneficial owner of the securities reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of the Reporting Person is 390 Madison Avenue, 28th Floor, New York, NY 10017.
(c)
Citizenship:
Highbridge is a Delaware limited liability company.
(d)
Title of class of securities:
Class A Common Stock, par value $0.10 per share
(e)
CUSIP Number(s):
077347201
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for the Reporting Person and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 2,115,263 shares of Class A Common Stock outstanding as of January 31, 2026, as reported in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission on February 24, 2026.
(b)
Percent of class:
6.5%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for the Reporting Person and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for the Reporting Person and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for the Reporting Person and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for the Reporting Person and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2(a). The Highbridge Funds have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Class A Common Stock reported herein. Highbridge Tactical Credit Master Fund, L.P., a Highbridge Fund, has the right to receive or the power to direct the receipt of dividends or the proceeds from the sale of more than 5% of the outstanding Class A Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
