Bel Fuse (BELFB) Director Vincent Vellucci Sells 393 Shares
$BELFB · BEL FUSE INC /NJResearch Summary
AI-generated summary of this SEC filing
Bel Fuse (BELFB) Director Vincent Vellucci Sells 393 Shares
What Happened
Vincent Vellucci, a director of Bel Fuse Inc. (BELFB), disposed of 393 shares in an open-market/private sale on September 2, 2026. The reported weighted-average price was $243.61, resulting in a gross transaction value of approximately $95,739. This was a sale (S), which is typically routine insider selling rather than an indication of company outlook.
Key Details
- Transaction date: 2026-09-02 (reported on Form 4 filed 2026-09-04). Filing appears timely (within the two-business-day Form 4 window).
- Price: weighted-average $243.61; footnote states trades ranged from $243.61 to $243.65.
- Shares sold: 393; aggregate value ≈ $95,739.
- Transaction type: Open market or private sale (coded S).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnote: The price in Column 4 is a weighted average; the filer says they will provide, upon request, the number of shares sold at each separate price within the $243.61–$243.65 range.
Context
This was a straightforward sale of existing shares (not an option exercise, award, or gift). Sales by directors are common and do not by themselves indicate material information about company performance. Retail investors may view purchases as more directly informative about insider conviction; sales can be for many personal reasons. If you need the exact breakdown of trades by price within the reported range or the insider’s post-transaction holdings, the filer has agreed to provide that detail on request.