SEGALL MARK B 4

What Happened Mark B. Segall, a director of Bel Fuse Inc. (BELFB), received a grant of 1,030 restricted shares of Class B common stock on March 15, 2026. The shares were granted at $0.00 per share (reported total value $0) as an award rather than a market purchase. This is a compensation grant typically used to align directors’ interests with shareholders rather than a buy or sell signal.

Key Details

• Transaction type: Award/Grant (Form 4 code A)
• Grant date: March 15, 2026; Form 4 filed March 17, 2026 (appears timely)
• Shares granted: 1,030 restricted Class B shares at $0.00 per share (reported total $0)
• Vesting: 343 shares vest 3/15/2027; 343 shares vest 3/15/2028; 344 shares vest 3/15/2029 (per footnote)
• Shares owned following transaction: Not specified in the provided filing
• No tax-withholding or sale reported in this filing

Context Restricted-share grants to directors are common as part of compensation packages and do not involve cash outlay by the director. Such awards lock up shares until vesting dates, so they are not immediately liquid. This filing documents a compensation grant and should be interpreted differently from open-market purchases or sales.