Berry Joseph 4

What Happened

• Joseph Berry, Vice President and President of Magnetic Solutions at Bel Fuse Inc (BELFB), was granted 419 restricted shares of Class B Common Stock on March 15, 2026. The filing shows an acquisition at $0.00 per share (award), so no cash was exchanged.

Key Details

• Transaction type: Grant/Award (code A)
• Date of grant: March 15, 2026; Form 4 filed March 17, 2026 (timely)
• Shares granted: 419 restricted Class B shares; acquisition price reported $0.00 (total $0)
• Vesting: 140 shares vest 3/15/2027; 140 shares vest 3/15/2028; 139 shares vest 3/15/2029 (per footnote)
• Shares owned after transaction: Not disclosed in the provided excerpt
• Other note: Footnote indicates number of shares held in the 401(k) plan is estimated

Context

• This was a compensation award (restricted stock grant), not an open‑market purchase or sale. Such awards are common for executive compensation and subject to vesting; they are not direct indications of immediate buying or selling intent.