Smelker Thomas 4

What Happened Thomas Smelker, President — Connectivity Solutions at Bel Fuse Inc. (BELFB), was granted 3,049 restricted shares of Class B common stock on March 15, 2026 (reported on a Form 4 filed March 17, 2026). The grant was issued at $0 per share (an award rather than an open-market purchase). On the same date he also acquired 62 shares via a discretionary transaction (reported as a 401(k) holding; acquisition price shown as $0 and the count is estimated).

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (appears timely).
• Grant: 3,049 restricted Class B shares, $0 per share (award).
  • Vesting: 1,016 shares vest 3/15/2027; 1,016 vest 3/15/2028; 1,017 vest 3/15/2029 (Footnote F1).
• 401(k) acquisition: 62 shares acquired (number in plan is estimated per Footnote F2); $0 per share reported.
• Shares owned after the reported transactions: not disclosed in the provided filing details.
• No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context Restricted-share awards are a form of compensation that vest over time; they are not immediate open-market purchases and typically cannot be sold until vesting conditions are met. The 62-share entry reflects company plan holdings (estimated) and is routine for retirement plan contributions. This filing documents acquisitions (award and plan holding) rather than any insider sales.