Bittner Peter 4
Research Summary
AI-generated summary
Bel Fuse (BELFB) President Peter Bittner Receives 762-Share Award
What Happened
- Peter Bittner, President — Connectivity Solution at Bel Fuse (BELFB), received an award of 762 restricted shares of Class B Common Stock on March 15, 2026. The reported acquisition price is $0.00 (award/grant).
- The restricted shares vest in three equal annual installments: 254 shares on March 15, 2027; 254 shares on March 15, 2028; and 254 shares on March 15, 2029. This is a compensation award (code A), not an open-market purchase or sale.
Key Details
- Transaction date: March 15, 2026; filing date: March 17, 2026 (filed within the usual 2‑day window).
- Price: $0.00 per share (grant/award). Total reported cash consideration: $0.
- Vesting: 254 shares vest each year on March 15 in 2027, 2028 and 2029.
- Shares owned after transaction: not specified in the information provided in this summary/filing extract.
- Footnote: The filing notes that the number of shares held in the company 401(k) plan is estimated (footnote F2).
Context
- Restricted share awards are a common form of executive compensation intended for retention; vested shares may be transferable or sellable only after each vest date.
- Because this was an award rather than a purchase or sale, it should not be interpreted as an immediate bullish or bearish market signal.