Vellucci Vincent 4

What Happened

• Vincent Vellucci, a director of Bel Fuse Inc. (BELFB), was granted 1,030 restricted shares of Class B common stock on March 15, 2026. The shares were awarded at $0.00 (no cash purchase); the reported transaction value is $0. This is a compensation award rather than a market purchase or sale.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (timely — within the usual two-business-day window).
• Transaction type/code: A — Award/Grant; price per share reported $0.00.
• Shares granted: 1,030 restricted Class B shares.
• Vesting schedule (from footnote): 343 shares vest on 3/15/2027; 343 shares vest on 3/15/2028; 344 shares vest on 3/15/2029.
• Shares owned after the transaction: Not specified in the provided filing details.
• No 10b5-1 plan, tax-withholding sale, or late filing noted in the filing.

Context

• Restricted share awards are a form of equity compensation that typically cannot be sold until they vest; they reflect compensation or retention, not an open-market purchase signal. Because the grant was reported at $0, it represents an award rather than a cash transaction and does not by itself indicate a change in insider sentiment about the stock.